Weichai Power Co., Ltd. to acquire 100% stake in Weichai (Weifang) Medium-sized Diesel Engine  [ China ]

Weichai Power Co., Ltd. announced that it will acquire a 100% stake in Weichai (Weifang) Medium-sized Diesel Engine Co., Ltd. for CNY 250 million with the aim of combining the Weichai Group's management resources for high-speed engines. Weichai Power will thereafter take a central role in the Group's high-speed engine business. (From an announcement by the Company on September 27, 2016)