On December 9, 2014, Linde Hydraulics and Weichai Power Hydraulic Technology Co., Ltd. jointly established Linde Hydraulics (China) Co., Ltd. The company will build an assembly line and a factory test bench. It is expected to start production in the first quarter of 2015 and achieve the goal of producing 8,000 units per year. It plans to build 6 assembly lines and 12 factory test rigs by 2020 and achieve an annual production capacity of 100,000 units.
The completion of the joint venture marks the official start of Linde Hydraulic's China strategy. Linde Hydraulics in China can use Linde Hydraulics (China) Co., Ltd. as a window to externalize the unified sales channel, product pricing system, and customer docking platform to make full use of Linde. The advantages of hydraulic technology, brand advantages, and Weichai Power's market, network, customer relationships, and capital, to maximize the synergies with the group companies, and accelerate the development of the Chinese market, to achieve sales revenue of 5 billion euros in 2020 , Rebuilding a Weichai Power "The hydraulic overall strategy laid the foundation.
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