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Yaxing celebrates the 70th birthday of Weichai Group

2016/10/28 0:00:00

As a subsidiary of Weichai Group, Yaxing imbued with blessing celebrates the 70th birthday of the Group in different ways, reviewing the past and hoping for a bright future and sustainable development.

Founded in 1946, Weichai Group is the only enterprise that possesses vehicle machine, powertrain,luxury yacht and key parts four business platforms in China. It is an interdisciplinary, multi-industry international company, with branch companies locating in Europe, North America and Southeast Asia, with wholly owned or holding subsidiaries setting in Shandong, Shaanxi, Hunan, Chongqing, Jiangsu, Fujian, Shanghai, Beijing and other cities.

In November, 2009, Weichai Group reached a strategic partnership agreement with Yangzhou Government, and the both sides agreed to improve Yangzhou to a manufacturing center specialized in vehicle components and shipping power system through advantageous resources and deep-rooted cooperation from each other.

The foundation ceremony of Weichai (Yangzhou) Yaxing automobile industrial park was held with majestic rituality on April 18th, 2011. At the same time, Weichai Group and Jiangsu Yaxing Motor Group Co., Ltd finished the strategic restructuring at the end of year 2011.

In 2013, Shandong Heavy Industry ·Weichai Power Yangtze River Delta Press was solemnly held in the Weichai (Yangzhou) Yaxing automobile industrial park, which presents the new strategy, brand and products of the company.

In 2014, the firm started the factory relocation project based on the principle of “retreating from the urban area and shifting to industrial zones”. This is the new opportunity for the development of Yaxing, which endows it with new motion and fresh goals to meet the challenges by Yaxing people with renewed vigor.

In the days that followed, Yaxing takes advantage of the comprehensive resources of “ Weichai Power 3+1” such as Weichai engine, Hande axle, Fast transmission, U-shaped beam full monocoque structure, leaving Yaxing products in the performance of safety, reliability, affordability, comfort and durability.

With the generous assistance of Weichai, Yaxing has made great progress and gained remarkable achievements in the sales of domestic and overseas areas for the sake of superior quality and considerate after-sales service, and won back the trust and confidence from the foreign clients.

Stay hungry, stay foolish. Determined and braved, Yaxing will exert all the strength to reach the goal of sales revenue of 10 billion at the end of 2018 and make contributions to the realization of the entire strategic target of Weichai Group, becoming ten-billion-level R&D and manufacturing base skilled in complete built vehicle & engine and low-power engine.

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