The Weichai Power 500 Dream is in sight

Tan Xuguang is not a cow, but the outside world has become accustomed to calling him a "cattle". In this regard, he is not right, but admits that he really likes cattle. It is said that Weichai's first order for construction machinery was that he used his temper. At the time, Tan Xuguang had a car accident and broke three ribs. In order to negotiate, he bandaged to meet customers. The other party was completely moved by his spirit and signed the contract with ease.

Weichai Power Chairman Tan Xuguang
Weichai Power Chairman Tan Xuguang

What really makes Tan Xuguang "bouncer" is a series of big industry mergers and acquisitions. On August 8, 2005, Tan Xuguang defeated competitors such as Wanxiang, Xifei International, and Shanghai Electric Group, and won a 28.12% stake in the Hunan Torch with 10.0278 billion yuan, becoming the largest shareholder. Through this acquisition, Weichai has basically formed a “golden industrial chain” in which the three business lines of powertrains, complete vehicles, and parts and components are complementary and operate independently. This is a landmark event that changes the pattern of China's heavy-duty truck industry. It is also a key turning point in the development history of Weichai.

In the blueprint of Tan Xuguang, the future of Weichai Power is to become a general-purpose engine supplier, providing high-power power support for heavy-duty vehicles, passenger cars, construction machinery, marine power, and power generation industries. It is difficult to break independent foreign engine manufacturers to become large-scale devices. Fatality. "Our goal is to be the world's largest general-purpose engine manufacturer, to achieve 100 billion yuan in sales revenue in 2012, and to enter the world's top 500." As early as in 2008 Weichai Business Conference, Tan Xuguang established This ambition.

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