The 2025 Annual Conference of Shandong Heavy Industry Group was held in Jinan. The meeting outlined that 2025 will focus on ensuring the successful conclusion of the "14th Five-Year Plan," strategically planning for the "15th Five-Year Plan," and fully advancing the "12345" development strategy to propel the group into a new phase of high-quality development.

The Zhongtong New Energy Bus Delivery Ceremony and Global Launch of the N12D Double-Decker Electric Bus was grandly held in Singapore. The event marked the introduction of a new benchmark for Chinese new energy buses.

The 2024 Hanover International Commercial Vehicle Exhibition (IAA), the world's largest and most influential commercial vehicle exposition, was officially opened. Shandong Heavy Industry Group, along with its subsidiaries Weichai, SINOTRUK, SHACMAN, Fast Gear, Hande Axle, Zhongtong Bus and AsiaStar Bus brought the latest green intelligent products to the exhibition.

Shandong Heavy Industry Group Global Partner Conference and New Products Exhibition was held in Mexico City. Partners from more than 30 American countries and regions, including Mexico, Brazil, Chile and Peru, attended the event.

“China HOWO Leading the Future” — 20th Anniversary Celebration of the HOWO Brand and HOWO-TS7 New Product Launch was held in Qingdao, Shandong Province.

The Zhongtong New Energy Bus Delivery Ceremony and Global Launch of the N12D Double-Decker Electric Bus was grandly held in Singapore. The event marked the introduction of a new benchmark for Chinese new energy buses.

The 2024 Hanover International Commercial Vehicle Exhibition (IAA), the world's largest and most influential commercial vehicle exposition, was officially opened. Shandong Heavy Industry Group, along with its subsidiaries Weichai, SINOTRUK, SHACMAN, Fast Gear, Hande Axle, Zhongtong Bus and AsiaStar Bus brought the latest green intelligent products to the exhibition.

Shandong Heavy Industry Group Global Partner Conference and New Products Exhibition was held in Mexico City. Partners from more than 30 American countries and regions, including Mexico, Brazil, Chile and Peru, attended the event.

The Shandong Provincial Party Committee decided to appoint Mr. Man Shengang as the Secretary of the Party Committee and Chairman of Shandong Heavy Industry Group.

Weichai Power has released the world's first diesel engine with a thermal efficiency of 53.09%.

The promotion meeting for key equipment manufacturing projects in Shandong Province was held in Laiwu, Jinan, with a total of 14 newly signed, started, and put into operation projects by Shandong Heavy Industry Group. Lin Wu, Secretary of the Shandong Provincial Party Committee and Chairman of the Standing Committee of the Provincial People's Congress, attended the meeting and signing ceremony. Zhou Naixiang, Deputy Secretary of the Shandong Provincial Party Committee and Governor, delivered a speech and announced the start of the project's production.

Shandong Heavy Industry Group held three global partner conferences and product exhibitions in Astana Kazakhstan, Dubai UAE, and Jakarta Indonesia, attracting over 2000 overseas partners and greatly boosting the global influence of Chinese brands.

The China National Intellectual Property Administration announced the list of winners of the 24th China Patent Award, and Weichai Power's "a diesel injection control method and an electronically controlled diesel engine using this control method" project won the China Patent Gold Award.

Ferritti Group is officially listed on the Milan Pan-European Exchange, becoming the first global company to be listed in both Hong Kong and Italy.

Kyrgyz President Zaparov attended the ceremony of the first batch of 1,000 buses exported by Zhongtong Bus to Kyrgyzstan.

Tan Xuguang's book titled 《Quality Achieves Dreams: WOS Weichai Quality Management Model》 is selected into the series of "21st Century Best Practices in Quality Management in China".

General Secretary of the Communist Party of China Central Committee, President of the People's Republic of China, and Chairman of the Central Military Commission Xi Jinping replied a letter to encourage Weichai Youth Science and Technology Innovation Team.

Weichai releases the world's first commercially available diesel engine with a thermal efficiency of 52.28% and a commercially available natural gas engine with a thermal efficiency of 54.16%.

Sinotruk and Weichai Power jointly released the first commercial hydrogen internal combustion engine heavy truck in China, marking another major scientific and technological breakthrough in promoting diversified energy transformation and helping China's "dual carbon" strategy.

The National Internal Combustion Engine Industry Metrology Testing Center, proposed and established by Weichai Power, is approved and unveiled. It is the only national-level metrology center in the national internal combustion engine industry.

The Italian Ferretti Group is listed on the Hong Kong Stock Exchange.

Weichai Power releases the world's first diesel engine with a thermal efficiency of 51.09%, and a symposium on the operation of the National Fuel Cell Technology Innovation Center and the "Hydrogen into Thousands of Households" technology demonstration project is held in Jinan, Shandong Province.

China National Heavy Duty Truck launches the first fully independently intellectual property rights-based Huanghe hydrogen-powered snow wax truck in China, which is officially delivered to the General Administration of Sport. President Xi Jinping boarded the snow wax truck during his inspection of the Winter Olympics.

Weichai Group is successfully selected as one of the "Top 10 Management Benchmark Models" by the State Council's SASAC with its unique WOS management model. It is the only local state-owned enterprise in China to receive this honor.

On the occasion of the 100th anniversary of the founding of the Communist Party of China, Tan Xuguang was awarded the title of "National Outstanding Communist Party Member."

Weichai Power strategically invests in FFCC Group in Switzerland and enters the fuel cell air compressor business.

Weichai Group strategically restructures Lovol Heavy Industry and enters the fields of agricultural equipment and construction machinery.

China National Heavy Duty Truck launch the high-end independent brand "Huanghe" heavy truck for the global market.

The young scientific and technological innovation team of Weichai is awarded "China Youth May Fourth Medal Collective"

Weichai's hydrogen fuel cell engine factory officially put into operation in Weifang.

The Shandong Heavy Industry (Jinan-Laizhou) Million-unit Complete Vehicle Green Intelligent Manufacturing Industrial Complex and the Weichai (Weifang) New Million-digitized Power industrial base start construction.

Weichai Power strategically restructured with Aradex AG in Germany and VDS Group in Austria, entering the field of new energy powertrain electric motor control systems and agricultural equipment CVT power systems.

The world's first 5G remote control mining high-horsepower bulldozer SD52-5E developed by Shantui has won the title of "China's first (set) major technical equipment demonstration project".

Weichai Power is successfully selected as one of the first batch of National Intelligent Manufacturing Benchmark Enterprises.

In May 2019, the Weichai Group Youth League Committee was awarded the title of "National May Fourth Red Flag Youth League."

Wang Shujun, Chief Technician of Weichai Power, is honored as the "Annual Person of the Great Nation Craftsman" by the All-China Federation of Trade Unions.

Weichai Power strategically invests in Ballard Power Systems Inc., a global leader in hydrogen fuel cell technology, based in Canada.

Chairman Tan Xuguang concurrently served as Chairman of CHINA NATIONAL HEAVY DUTY TRUCK GROUP CO., LTD, Shandong Heavy Industry Group strategically restructured SINOTRUK Group.

Weichai (Tokyo) Technology Innovation Center was established.

Weichai Power strategically restructured with Ceres Power Holdings Plc, a global leader in solid oxide fuel cell systems, based in the United Kingdom.

President Xi Jinping, visits the Shandong delegation of the 13th National People's Congress during the first session. Mr. Tan Xuguang who is the deputy to the National People's Congress reports to President Xi Jinping about the changes in Weichai Power over the past decade. Xi Jinping pointed out that, "Weichai Power has achieved remarkable results in the past ten years, which are truly impressive and substantial!" "Any successful enterprise that aims to reach the pinnacle of its industry need focus on its core business wholeheartedly."

Weichai Power (Germany) Technology Innovation Center is unveiled in Aschaffenburg, Germany.

Weichai Power was honored with the "China Trademark Gold Award • Trademark Innovation Award."

Weichai Power strategically invests in PSI, a provider of alternative fuel power systems in the United States, becoming its largest shareholder.

Weichai Power's subsidiary-KION Group acquired Dematic, a global leader in internal intelligent logistics solutions in the United States.

Weichai Internal Combustion Engine Reliability Key Laboratory is selected as one of the third batch of enterprise national key laboratories by the Ministry of Science and Technology.

Weichai Power's "Diesel Engine Intelligent Manufacturing Comprehensive Pilot Demonstration Project" is successfully selected as part of the list of national intelligent manufacturing pilot demonstration projects by the Ministry of Industry and Information Technology.

Weichai Group is honored with the title of "National Civilized Organization" during the fourth National Civilized Organization selection.

The world's first gas-type crawler bulldozer SD20-5 (LNG) developed by Shantui rolled off the production line.

During President Xi Jinping's visit to Dusseldorf, Germany, he meets with Chairman Tan Xuguang, who attends the first meeting of the Sino-German Economic Advisory Committee.

The India engine production project of Weichai is officially launched. This is the first engine production base of Weichai established overseas.

KION Group successfully lists and trades on the Frankfurt Stock Exchange.

At the press conference held at Ferrari Automobiles' Italian headquarters in Maranello, Weichai Power became the global sponsor of Ferrari F1 Team, becoming the first Chinese industrial brand to sponsor the F1 team.

Baudouin (Weifang) Power Co., Ltd. is established. This is the first joint venture factory established in China due to overseas acquisition for Weichai.

Weichai Power strategically restructures KION Group which is the top 1 industrial forklift manufacturer in Europe and the second in the world and its subsidiary Linde Hydraulics in Germany, entering the industrial forklift and high-end hydraulic fields.

Shandong Heavy Industry Group Finance Co., Ltd. was established in Jinan.

Weichai Power held the mass launch ceremony of China's first high-voltage common rail electronic control system.

China's first high-power high-pressure direct-injection compression ignition natural gas engine manufactured by Weichai Power was successfully developed and put on the market, filling the domestic gap.

Weichai Group and Ferretti Group which is the world's top luxury yacht builder sign a strategic restructuring framework agreement. Weichai Group acquires 75% shares in Ferretti Group, becoming its largest shareholder.

The Communist Party of China Central Committee award Weichai Holding Group the honorary title of "National Advanced Grassroots Party Organization."

Weichai Group invests in the establishment of Weichai (Yangzhou) Yaxing Automobile Co., Ltd. in Yangzhou, starting to strategically reorganize Yaxing Bus Company.

The China Federation of Industrial Economics award Weichai Group the China Industry Award.

Weichai Power is designated as a "national innovative enterprise" by the Ministry of Science and Technology of China and the State-owned Assets Supervision and Administration Commission of the State Council.

Strong Financial Leasing Co. Ltd. is established in Beijing.

Weichai Power and Yangzhou Diesel Engine Co., Ltd. jointly establish Weichai Power Yangzhou Diesel Engine Co., Ltd., holding 80% and 20% of the shares, respectively, creating conditions for Weichai to build a small-bore power manufacturing base with million-unit production capacity.

The Ministry of Science and Technology of China approves the inclusion of the " The National Power Assembly Technology Research Center of Commercial Vehicle " project, proposed by Weichai Power Co., Ltd., in the first batch of projects of the National Engineering Research Center construction plan for 2009.

Shandong Heavy Industry Group Co., Ltd. is established by Weichai Holding Group Co., Ltd. together with Shandong Construction Machinery Group Co., Ltd. and Shandong Automobile Industry Group Co., Ltd. decided by Shandong Provincial Party Committee and Provincial Government.