Since the beginning of 2010, the market has reported that Weichai Power will be involved in the yacht manufacturing industry, but relevant news has not been confirmed. On the 19th, Weichai Power CEO Sun Shaojun first confirmed that after having received the first provincial quality award winning company to observe the study team, after having the yacht engine mature manufacturing skills, Weichai Power will be involved in yacht manufacturing, and complete the construction through overseas acquisitions. Yacht industry chain. The yacht will also become the fifth largest industrial sector in Shandong Heavy Industry, and the relevant layout will be completed in 2012.

The ship engine is "fruitful"

Weichai Power has always been a leader in the field of marine diesel engines. Weichai yacht engines include the 226B, WD615, WD618, WP12 and other four series, but are concentrated in the low-end, low-power engine area. In order to achieve breakthrough in high-power engines, in January 2009, Weichai Power acquired the French company Boduuan Engine Co., Ltd. (hereinafter referred to as "Boduan") for 2.99 million euros, and thus mastered the production technology of high-end, high-power yachts. .

It is understood that Baudouin was established at the beginning of the last century and is a global shipping provider, mainly producing high-end, high-power diesel engines of 16 liters and above. In the context of the international financial crisis, the export-oriented Bauduan suffered heavy losses and entered the bankruptcy process at the end of 2008. Bodu'an's leading product, the M26 engine, is an ideal power for luxury yachts, ships and power generation equipment and is highly complementary to Weichai Power's existing product portfolio. At the 2010 China (Shanghai) International Boat Show and the 15th China International Boat and Technology Equipment Exhibition held in April this year, Weichai Power exhibited the latest achievement after the acquisition of Baudouin, the M26 ship. Marine engine, it will be one of the main products of Weichai Power's future ship power.

On the same day, in the showroom of Weichai Power Plant, Sun Shaojun also introduced the company's other high-quality product, the Lanqing WP12C marine engine. This is a joint venture between Weichai Power and AVL and BOSCH. It uses a high-pressure common rail electronically controlled fuel injection system. According to the characteristics of the ship's operation and configuration requirements, the energy-saving and environment-friendly engine has been developed. At present, the engine has gradually been equipped with marine products.

Complete overseas acquisition before 2012

Sun Shaojun revealed that Weichai Power already possesses the production capacity of yacht engines. Weichai Power will extend the existing yacht engine industry chain and plans to achieve a leap from engine manufacturing to yacht manufacturing through overseas acquisitions.

Sun Shaojun also said that the acquisition target may be the leading yacht manufacturer in the United States or Europe, and related acquisitions will be completed by 2012. The yacht industry will also become the fifth largest segment of Shandong Heavy Industry after powertrain, commercial vehicle, construction machinery, and parts and components business. The strategic position of yacht manufacturing in future Weichai power is evident.

The yacht economy has attracted wide attention as a giant-valued feast with high added value and long industry chain. According to statistics, the development of China's yacht economy will provide China with 200 billion yuan of GDP and 1.2 million jobs. In recent years, a number of export-oriented yacht manufacturers have gathered in Qingdao and Weihai. Sun Shaojun believes that the yachting industry in the future is a sunrise industry and the added value is even more impressive.

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