Innovation Creates a World-class Enterprise - Weichai Wins the Second China Industrial Award

At the second China Industry Awards Ceremony held on April 28th, 2011, Weichai Holding Group Co., Ltd. (hereinafter referred to as “Wanchai”) was awarded “ China Industry ” for its persistent spirit of innovation and outstanding achievement in the leading industry. Grand Prize ."

Weichai won the "China Industry Awards" trophy
Weichai "China Industry Award" trophy

The reporter learned from the scene of the awarding ceremony that the organizing committee awarded Weichai the highest honor of the China Industry Awards for its unceasing innovation and development spirit, as well as outstanding achievements in the automotive and equipment manufacturing field. Especially in the process of China's industrial manufacturing from China to China, the breakthrough from the low end of the value chain to the high end, and structural adjustment, Weichai has played an active role in promoting and leading and made outstanding contributions.

The China Industrial Award is the highest award in China's industrial sector approved by the State Council and is honored as the "Oscar" of Chinese industry. It aims to honor the adherence to the scientific concept of development, take the path of new industrialization with Chinese characteristics, and represent the direction, road and spirit of China's industrialization. The highest level of industrial development, industrial enterprises and projects that make a significant contribution to enhancing the overall national strength and promoting the development of the national economy, to establish a number of outstanding benchmarking companies and projects, and to promote the formation of a large number of companies with core competitiveness. The awards include the “China Industry Award” and the “China Industry Awards Recognition Award” two-level awards, which are selected and commended every three years.

It is undeniable that in the field of Chinese internal combustion engines, Weichai has led the pace of "Made in China" to "Created in China." In the past ten years, Weichai has dared to take the courage of the world and achieved the breakthrough in independent innovation in science and technology. The Chinese internal combustion engine industry has the ability to synchronize with the world's advanced level, and Weichai’s scientific and technological “soft power” has also made its development. The "hard power."

Weichai won the "China Industry Award"

Weichai is the only company in China that has three major business platforms: vehicle, powertrain, and auto parts. Molecular companies are located in Europe, North America, and Southeast Asia, and in Shandong, Shaanxi, Hunan, Hubei, Shanghai, Chongqing, and Jiangsu. 8 provinces and municipalities such as Heilongjiang have set up wholly-owned or controlled subsidiaries. The Group employs 45,000 people worldwide and achieved revenue of 91.1 billion yuan in 2010, an increase of 74% year-on-year. Ranked 117th in the Top 500 Chinese Enterprises in 2010, 49th in China's Top 500 Manufacturing Enterprises, and No. 3 in China's Top 100 Machinery Enterprises. And has been rated as "China's most influential companies", "model enterprises of independent innovation", "China's manufacturing industry has the most growth of its own brand enterprises," "national innovative companies." In 2007, it won the National Quality Award with the score of the first place.

Weichai - the forerunner in the transition of equipment manufacturing industry and structural adjustment.

Weichai adheres to the scientific concept of development, and its products are widely used in various fields of the national economy. It has become the largest supplier in China's engine industry in a full range and in all fields. Among them, the production and sales volume of high-speed and high-power engines of over 10 liters ranks first in the world for three consecutive years. Bit.

All along, Weichai has closely adjusted its product structure, market structure, capital structure, and talent structure in line with market demand and the direction of the country's macro-control policies. This has created a new path of scientific development and industrialization. Since 2002, Weichai has continued to increase its investment in resources in order to break the monopoly of foreign intellectual property. From 2005 to 2007, the company successfully independently developed a blue-engine that fully meets Euro III to Euro IV emission standards with independent intellectual property rights. In 2008, the company introduced German MAN company's 27/38, 32/40 series of horsepower medium-speed marine diesel engine technology, further improving the mid-speed diesel engine product line. In 2009, the company acquired France’s Boduuan Engine Company, obtaining 16-32 litres of engine technology and mastering more than 16 liters of yacht and industrial electric engine technology and products. At the end of 2009, the company successfully reorganized Yangzhou Diesel Engine Co., Ltd. and completed product adjustments that were “re-entry”. At the same time, through the introduction of the VM company D/RA series products, the company has achieved the upgrade of multi-cylinder small displacement high-speed machines. In the year of 07-09, the company independently developed five-liter and seven-liter WP5/WP7 diesel engines with international leading level for three years, filling the blank of Chinese power in this field. At present, the company has formed a coordinated development of large, medium and small power engines, and a full range of product development in all areas.

At the market level, in 2005, Weichai proposed three-thirds of its market structural adjustment goals: one third of the domestic market, one third of the international market, and one third of the post-market service. Now, Weichai engines have achieved 42%, 84%, 30%, 50%, and 40% share of heavy-duty vehicles, construction machinery, passenger cars, ships, power generation equipment, and other fields. At the same time, they have been used in Chicago, France, Marseille, Belarus, and in the United States. South Asia, Southeast Asia and other regions have established business platforms. The post-market construction has been steadily advancing, and the “5P service features” with exclusive services, exclusive accessories, special oil products, exclusive equipment, and professional remanufacturing have formed, and the market structure for the coordinated development of international, domestic, and post-market has been initially realized.

At the same time, Weichai insisted on the “two-wheel drive” of product operation and capital operation. In 2004, Weichai Power was listed in Hong Kong and became the first company listed in the H-share market in China’s internal combustion engine industry. Since 2005, it has successively acquired companies such as the Hunan Torch, Baudouin, and Yangchai Power to further optimize its capital structure. At the same time, structural adjustment has provided powerful guarantees for the reorganization of enterprises. Weichai has successfully achieved a leap with the hands of capital. Development.

In the process of rapid development, Weichai has always adhered to the first-ever talent strategy and has opened up its mind and increased investment in the training and introduction of talents.

Li Shizhen, who is only 29 years old, is deputy head of the electronic control team at Weichai Technology Center. With a group of young employees, he shouldered the research and development of the State III and State IV engine electronic control systems and afterpower systems. Yin Xiaoqing, 31, is the Deputy Manager of the Marine Division of the Applied Engineering Department. He is mainly responsible for the technical docking between the ship and the main engine plant. Different from these young people, Dr. Lin Zhishen, who has extensive experience working for large international companies, left the United States who had lived for more than a decade. He left the comfortable environment and his loved ones came to Weichai and became Weichai's power technology director. Dr. Lin said that what he sees is the passion for innovation here and the persistence of Weichai’s persistent pursuit of advanced world standards.

From the original “talent shortage” to today’s “talent highland” that attracts all kinds of talents, Weichai is not relying on embarrassing high salary, but on the innovation of technological R&D mechanisms and the soft environment for the growth of talents. Over the years, Weichai has continued to deepen its corporate reforms, breaking away from traditional technology development models, and introducing market mechanisms. It has established an incentive mechanism that meets the requirements of the market within the company and has stimulated the dynamism of the technical innovation of a large number of technical personnel.

To mobilize the enthusiasm and creativity of R&D personnel, Tan Xuguang, chairman of Weichai Group, believes that the first is to create a platform and environment for doing business, and the second is to have an incentive mechanism so that they can really do things. In recent years, companies have allocated more than 10 million yuan each year for the award of scientific and technological innovation achievements. A grant of 1.5 million yuan has been allocated each year to set up a special fund for talent training. More than 10 million yuan has been invested each year to transport scientific and technological personnel to go abroad for inspection and study; At the same time, special job subsidies and job subsidies are granted to corporate personnel. This series of incentive measures has provided a broad arena for scientific and technological personnel to realize their personal value and display their talents, and has also accumulated strength for the continuous improvement of Weichai's technological innovation capabilities.

In the past 10 years, there have been fewer than 50 R&D personnel in the company and a current R&D team of 2,000 people. In particular, in 2009, it seized the opportunity of the unstable human resources of the world’s top 500 companies during the financial crisis. It has recruited talents three times in the United States and used market mechanisms to successfully introduce 47 returnees to start businesses and further optimize their talent structure. At present, more than 15% of the members of the senior management team have the background of international large companies, bringing new ideas to the company.

Weichai – the leader in the transformation of China's internal combustion engine industry from a scale advantage to a technological advantage.

Adhering to the drive of innovation and advocating the concept of green power, energy conservation and emission reduction, Weichai has taken the lead in research and development of “Blue Engine” State III, State IV, and State V diesel engines with independent intellectual property rights in China, and all economic indicators have reached the international advanced level. In the industry, the company’s first company to set up an engine remanufacturing company has embarked on a cycle of economic development.

In recent years, Weichai has introduced world-class production lines from Europe and the United States, and built modern production parks such as Weichai Hi-tech Engine Park, Weichai Foundry Industrial Park, Weichai Heavy Machinery Binhai Industrial Park, Weichai International Logistics Industrial Park, and so on. The equipment level is in full compliance with the world’s advanced level; on the other hand, the company focuses on technological and technological resources, and tackles new equipment operation technologies, breaks through the initial design bottlenecks, studies new process routes, deepens the potential of equipment, and maximizes its effectiveness, forming 1 million units. The annual production capacity of high-speed and high-power engines has truly achieved "highest efficiency, highest output, and lowest cost", and has promoted the upgrade of the equipment and technology level of China's internal combustion engine industry.

In the overall technological innovation of the industry and related industries, Weichai also made positive contributions, successively participated in and presided over 12 national scientific and technological breakthroughs and national 863 plans, and fully promoted the technical progress of China's internal combustion engine industry, surpassing developed countries' technologies in Europe and America. Benchmarking. In addition, Weichai has successively shared 55 patents for inventions and 379 other patents with industry standards. Since 2006, the company has presided over or participated in the formulation and revision of 22 internal combustion engine standards, including 18 national standards and 4 industry standards, 4 chairs, and 18 participations, making important contributions to the advancement of the internal combustion engine industry.

In addition, Weichai actively assumes social responsibilities and promotes energy conservation and emission reduction. The energy consumption per 10,000 yuan output value has been declining for three consecutive years. In 2010, energy consumption per 10,000 yuan output value was only 3.2% of the energy consumption per million yuan of the country; the company independently developed Blue Gaming. For IV/V engines, the fuel consumption rate is already at the leading international level. Up to now, Weichai has provided more than 2.6 million high-quality, low-emission engines to the society. It has saved 9 million tons of diesel, reduced 28 million tons of carbon dioxide, 2 million tons of carbon monoxide, 75,000 tons of hydrocarbons, and 20 oxides of nitrogen. Ten thousand tons. In recent years, it has been rated as an outstanding energy contributor in Shandong Province.

Weichai - an advocate of the industry's "chain innovation" development.

At the end of 2007, the world’s first “powertrain” product for system matching and R&D of engines, gearboxes and axles was born in Weichai. This means that as long as the automaker matches the design of its own cab and carriage, a new truck or bus can be brought to market. The introduction of "powertrain" has increased the efficiency of commercial vehicle research and development in China by one-third. This “powertrain” is one of the results of Weifang’s “chain innovation” technology development.

Weichai took the lead in the industry to put forward the innovative model of “mainly based on me and linked innovation”, together with Tsinghua University, Tianda University and Zhejiang University, and the China Automotive Engineering Research Institute, the Seventh Institute of China Ordnance Industry, Austria AVL , United States SWEL, German FEV and other well-known scientific research institutions at home and abroad have established strategic cooperative relations and built a technology research and development platform for close cooperation between production, education and research. At the same time, we established “Weichai product research and development community” with 44 suppliers with strong R&D strength in the upstream, and used the industrial chain technical resources for my own use, and promoted the coordinated development of suppliers and Weichai to achieve “concentricity, peer, win-win, and share”. ". The establishment of this "chain-innovation" model has formed a situation in which Weichai is the main body, and the advantages of various parts suppliers complement each other to advance technological innovation and foster a powerful diesel engine parts manufacturing system. In this industry chain, companies form a cooperation chain, or draw on each other's strengths and strengths. Upstream and downstream companies are not only a community of interests but also a research and development community. This is the connotation of "chain innovation", and it is also Weichai's deeper interpretation and exploration of independent innovation.

Based on the "R&D Community", Weichai took the lead in and participated in national scientific and technological research projects and the formulation of national standards, established the "National Commercial Vehicle Powertrain Assembly Engineering Technology Research Center" and initiated the establishment of a "New Energy Power System Industry for Commercial Vehicles and Construction Machinery. The "Technology Innovation Strategic Alliance" has promoted the technological progress of China's internal combustion engine industry and related upstream and downstream industries.

Weichai -- the innovator of the development model of state-owned enterprises.

From the successful experience of Weichai in the past 12 years, the two-wheel drive development model of product management and capital operation has not only absorbed the merger of the Hunan Torch, but also created three business segments for commercial vehicles, power systems, automotive electronics and parts and components. Through implementing the principle of “strategic unification, resource sharing, and independent operation” for its subsidiaries, the company implemented a multi-brand operation strategy. The company's core competitiveness has rapidly increased and the synergy effect of the industry chain has been highlighted. After integration, the company’s engine sales increased from 114,000 units in 2005 to more than 700,000 units in 2010. Sales of heavy trucks under its holding rose from 14,400 units in 2005 to more than 100,000 units, and sales volume of Fast Transmission has been increasing. From 146,000 units in 2005 to more than 850,000 units, a qualitative leap in industrial integration has been achieved.

In 2009, through the formation of Shandong Heavy Industry Group, the company added bulldozers, excavators, forklifts, and other plates to lay a solid foundation for building an equipment manufacturing industry group with core technologies and sustainable development. Stronger and bigger, we explored a two-wheeled innovation path of capital operation and industrial operation, and became a classic case of using China's market to achieve cross-regional and inter-provincial restructuring.

Behind the rapid growth of the Weichai engine in the whole machine market, the role of capital promoters can not be ignored. Through the integration of global resources, Weichai has increased the cooperation space of the industrial chain, which in turn has exerted a favorable influence on the market. While integrating domestic resources, on January 23, 2009, Weichai Power acquired a product, technology and brand of the French Baudouin company for a period of 2.99 million euros, which not only expanded the range of WeiChai products, but also led to A substantial step has been taken on the road to internationalization. Based on this platform, Weichai has established its own R&D center in Europe and the products have also opened up the European market.

Through the two-wheel drive of industrial operation and capital operation, Weichai’s economy has increased by 100 times in 12 years. The current market value of its three stocks exceeds 100 billion yuan, of which Weichai Power’s earnings per share for the first three quarters of 2010 was 5.76 yuan, the first consecutive listing of listed companies in Shanghai and Shenzhen.

Weichai - the practitioner of the great age spirit.

The concept of scientific development is the essence of the spirit of the times. "People-oriented" is the core requirement of the scientific concept of development. In recent years, Weichai has consistently adhered to the scientific concept of development and has taken the national industry as its own responsibility. It has established a corporate culture that is “led by the group culture, driven strategically, actively integrated, and built characteristics, and promotes the integration of parent and subsidiary companies and enhances the company’s soft power”. Build the overall train of thought, build a corporate culture system, publicize the corporate culture concept, build a professional team, realize cultural education, use strong cultural enterprises, promote industrial integration through culture, and boost enterprises to quickly run on the road of transformation and development.

In vigorously promoting reform, innovation, and passionate entrepreneurship, Weichai has formed a core value of pragmatic innovation, honesty and win-win results, unity and fairness, and high efficiency and excellence. It has created a cultural philosophy of “responsibility, communication, and tolerance”. This concept has become The valuable spiritual wealth of enterprise development.

“In the final analysis, the company is an organization of people. In addition to systems and rationality, it wants to mobilize people, motivate people, and unite people. It only has culture.” Chairman of Weichai Group Tan Xuguang believes that only those who are good at learning advanced culture and creating their own Companies with a unique new culture can become the best in the era.

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