Weichai Heavy Machinery Co.Ltd(000880) 3 issued the annual report of 2021 on March 30. In 2021, the company achieved an operating revenue of about 3.411 billion yuan, an increase of 3.09% year-on-year; The net profit attributable to shareholders of listed companies was about 137 million yuan, an increase of 24.70% year-on-year.
The annual report shows that the company mainly develops, manufactures and sells 3012000 HP engines and power integration systems, generator sets and power integration systems for the marine power and power generation equipment market, takes into account the operation of diesel engine parts, marine gearbox supporting products and other products, and has the ability to provide a complete set of power solutions and power solutions.
The company’s business covers four fields: ocean going, offshore, inland river and power generation. Marine engines are in a leading position in the inland river and offshore transport ship and fishing boat market. Generator sets are widely used in shipbuilding, communication, oil field, medical and other industries.
In 2021, under the strategic guidance of the board of directors, the company adhered to market demand orientation, focused on scientific and technological self-reliance, and accelerated the breakthrough of key technologies; Focus on the development of market segments and continue to consolidate the leading edge; Focus on the improvement of internal management, cooperate to improve the quality of management, and promote the company’s performance to a new high.
For future development, the company said that under the background of profound changes in the economic environment outside China and intensified industry competition, the company faces both challenges and opportunities. 2022 is a key year for the implementation of the 14th five year plan and an important year for the company to carry out structural adjustment and product upgrading. The company will take multiple measures at the same time, actively deploy the future and achieve new breakthroughs in development. Focusing on the working idea of “innovating marketing mode, strengthening technology guidance, improving profitability and changing management mode”, the company will solidly promote the implementation of 12 tough battles to ensure the high-quality completion of the annual budget objectives.
