On July 18, 2008, the sixth China National Machinery 500 sponsored by China Machinery Industry Enterprise Management Association was announced in Beijing. Weichai jumped to the 10th place among China's top 500 machinery enterprises with a sales revenue of 42.8 billion yuan. Weichai also ranked 10th in the “China Machinery 500†which was released at the same time.
The selection of the China Top 500 machinery enterprises still adopts the enterprise competitiveness evaluation model designed by the World Company Lab according to international conventions. The company’s sales revenue, total profit, asset profit rate, and growth rate are combined with the industry’s data. Differences, prestige indices and other factors were comprehensively analyzed and evaluated. Sun Bohuai, chairman of the China National Machinery Industry Enterprise Management Association, issued a report saying that a total of 500 companies from seven industries, including general equipment manufacturing, transportation equipment manufacturing, electrical machinery and equipment manufacturing, and metal products, were selected. General equipment manufacturing industry, a total of 162, 32.4% of the top 500.
This release activity is already the sixth session. After consecutive years of brand accumulation, China's top 500 mechanical companies have gained recognition and extensive participation from all walks of life and companies, and have greater influence and authority.
[Correlation]
In 2004, Weichai ranked first in the China National Machinery 500 with a sales revenue of 5.21 billion yuan, ranking 74th.
In 2005, Weichai ranked 44th in the Top 500 Machinery Enterprises in China, and its sales revenue was 10 billion yuan.
In 2006, Weichai ranked 22nd among China's top 500 machinery enterprises.
In 2007, Weichai Power ranked 18th among China's top 500 machinery enterprises.
Note: The top 500 machinery companies were ranked according to sales revenue of the previous year.
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