Weichai Power Co., Ltd. is a modern enterprise system established by the former Weifang Diesel Engine Factory (transformed into "Wei Chai Holding Group Co., Ltd." in August 2007) and domestic and foreign investors. It is the first enterprise in China to list H shares in Hongkong and return to the Mainland to realize the A-share re-listing, and it is the largest automobile parts enterprise group in China. The company's three business segments (powertrain (engine, gearbox, axle), commercial vehicles and auto parts) are in an absolute dominant position in their respective domestic market segments. In the list of top 500 Chinese brands compiled by the World Brand Value Laboratory in 20 10, Weichai Power brand ranked 98th, and its brand value has reached 54120,000 yuan.