Weichai Power Co., Ltd is a Chinese developer and manufacturer of diesel engines with headquarters in Weifang, Shandong in the People's Republic of China. It also manufactures forklifts and non-diesel engine automotive parts. Weichai Power was founded on 23 December 2002. Its shares began trading on the Hong Kong Stock Exchange in 2004 and the Shenzhen Stock Exchange in 2007. In 2009, Weichai bought French marine engine manufacturer Moteurs Baudouin. In 2012, it agreed to buy a 25% stake in German forklift manufacturer KION Group for €738 million; the stake grew to 38.25% by 2016. More information...
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