Weichai Power officially announced that it plans to increase its capital by 416 million yuan in Shaanxi Heavy Vehicle Co., Ltd. After the completion of the capital increase, the registered capital will reach 1.706 billion yuan. The industry believes that after Weichai Power integrates the Hunan Torch, it further increases the capital of Shaanxi Heavy Gas to form the business structure of the powertrain, vehicle and parts, which is expected to become the strongest vehicle and component production in the domestic heavy truck industry. enterprise.
Heavy trucks are currently one of the fastest growing commercial vehicle camps. The heavy-duty truck industry grew by 60.2% in the first four months of this year, far higher than the average growth rate of the entire automotive industry. Shaanxi Heavy Duty Truck is currently the fourth-largest heavy-duty vehicle manufacturer in China and holds an advantage in the 15-ton standard heavy truck market. From January to April this year, Shaanxi Heavy Duty Truck sales of heavy trucks reached 20,182 units, an increase of 92% year-on-year, and its market share also rose from 10% in 2006 to 14%. It is precisely to see the good industry prospects of Shaanxi Heavy Industry, Weichai Power has lost no time in proposing this capital increase plan.
At present, the development trend of high-power, high-load, and high-efficiency in the heavy-duty truck industry in China is very obvious, and the current core industrial chain of Weichai Power fully coincides with the development trend of the industry. It is difficult to change the industry structure in the next 3-5 years. As China's heavy-duty truck industry enters a prosperous period, Weichai Power, as the most important heavy-duty engine in China and a supplier of heavy-duty gearboxes with a monopoly position, has the fastest-growing domestic heavy-duty truck manufacturing companies and will undoubtedly become a booming domestic heavy-duty truck industry. The biggest beneficiary.
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