The 15th anniversary of the listing, Weichai has never stopped moving forward.

On March 11, 2004, Weichai Power was successfully listed on the Hong Kong Stock Exchange (stock code: 238H) with an issue price of HK$10.50. The stock price bucked the trend on the day and closed at HK$13,45, which was more than the issue price. %5 raised funds of 170 million US dollars, the IPO was oversubscribed by 928 times, and the international placement exceeded 52 times. It refreshed the history of Hong Kong's main board H-share market PO after 1998: becoming the first internal combustion engine company listed in Hong Kong in mainland China. The international capital market has officially appeared on the international capital stage with a brand new attitude.

Weichai

In the past 15 years, Weichai Power has not been able to attack the main business, fully implement the strategy of diversification around the powertrain, constantly adjust the industrial structure, effectively promote industrial upgrading, and become an international enterprise with a diversified global layout. Because of Weichai Power, the development momentum of China's equipment manufacturing industry is stronger, and the world's manufacturing industry has become more energetic because of the "China Power"

Reading volume: Source: Weichai information Author: Cold autumn

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