04,03,2026 14 views
On the evening of March 26th, Weichai Power released its 2025 annual report, achieving a total operating revenue of 231.81 billion yuan, a year-on-year increase of 7.47%; The net profit attributable to the parent company was 10.931 billion yuan, a year-on-year decrease of 4.15%.
It is reported that Weichai Power's main products include a full range of products in all fieldsengineNew energy power systems and components, transmissions, axles, hydraulic products, heavy-duty vehicles, forklifts, supply chain solutions, agricultural equipment, automotive electronics and components, etc., are exported to more than 150 countries and regions worldwide. Weichai Power Engine, Fast Transmission, Hande Axle, Shaanxi Automobile Heavy Truck, Weichai Lovol Smart Agricultural Equipment and other products have gained the trust of customers and formed a brand cluster effect.
In 2025, Weichai Power's main business will focus on four major segments: powertrain, complete vehicles and key components, other components, smart logistics, and agricultural equipment, achieving operating revenues of 100.411 billion yuan, 11.876 billion yuan, 91.077 billion yuan, and 18.789 billion yuan, respectively. The business structure will continue to tilt towards high value-added areasAmong them, the powertrain, complete vehicle and key components, and intelligent logistics contribute the main revenue, accounting for 43.31% and 39.29% of the total revenue respectively.
In terms of agricultural equipment business:The company deeply implements the national strategy of comprehensive rural revitalization, closely focuses on the needs of agricultural modernization development, promotes the expansion, strengthening and optimization of the agricultural equipment sector, and helps stabilize the "Chinese rice bowl". Weichai Lovol Smart Agriculture, a subsidiary of Weichai, steadfastly implements four major strategies: business focus, innovation driven, quality upgrading, and globalization. It actively responds to and effectively overcomes challenges such as low domestic market operation and international market fluctuations. The market share of its main products has comprehensively increased, and its leading position in the industry continues to consolidate. Persist in innovation driven development and forge technological hard core strength.
Power shifttractorEstablish a leading advantage and launch a full range of 2-speed power shift products with 80-320 horsepower on the market. Successfully launched a large 16kg classharvesterAnd develop multiple energy-saving products based on wheat and corn machine platforms, reducing comprehensive fuel consumption by 15%. Forward looking layout of smart agriculture, taking the lead in implementing AI models for smart agriculture in China, assisting in precise agricultural management, improving operational efficiency, and optimizing production costs, providing technological support for increasing grain production and income. Accelerate the upgrading of intelligent manufacturing and consolidate the foundation of high-quality development. Build a high-end, intelligent, and green high-power tractor factory with world-class level, and successfully select it as a national excellent intelligent factory; Deeply implement the concept of "chain innovation", vigorously promote the construction of high-end supply chain system and R&D community, steadily improve product quality and performance, and promote the high-end, intelligent, and green development of the agricultural machinery and equipment industry.
In 2025, the company's agricultural equipment business sector will experience high export growth and stable performance. The annual operating revenue was 18.02 billion yuan, with a net profit of 900 million yuan. The overseas business revenue was 2.38 billion yuan, a year-on-year increase of 38.2%.
Future development strategy and business plan: 2026 is the beginning year of the "15th Five Year Plan". The company will firmly implement the "15th Five Year Plan" development strategy of Shandong Heavy Industry Group, with the mission of "empowering equipment with technology", comprehensively accelerate the transformation of green, global, digital, and ecological strategies, and accelerate the construction of a high-tech, green development, and world-class high-end equipment multinational group. The company expects a sales revenue of approximately 250.4-259.6 billion yuan in 2026, an overall increase of about 8% -12% compared to 2025.
Note: This article is compiled and published by Agricultural Machinery Network (www.nongjx. com), with sources including Weichai Power and Juchao Information. The purpose of publishing this information on this website is to spread more information and is not related to the position of this website. And we solemnly remind all readers that the stock market carries risks and investors need to be cautious. This article is not intended as a reference or basis for any investment.
