Benefiting from the rapid growth of the construction machinery market and the stable demand for the heavy truck market, the main engine market is enjoying a good momentum. In the first quarter of 2011, Weichai Group had sufficient orders, engine production and sales exceeded 200,000 units, an increase of more than 30% year-on-year, and high-speed and high-power engines produced an average of 20,000 units more per month than in 2010, laying a target for overall sales in 2011. A solid foundation.

According to reports, although the overall transportation market including tractors has not yet fully started, due to the growth rate of more than 30% in the construction machinery market and the demand for heavy-duty trucks driven by domestic infrastructure construction, the first quarter of 2011, weichai engine products are all To maintain growth, the domestic market share of the leading product heavy truck engine has reached over 42%.

In 2010, the Weichai engine production line was operating at full capacity throughout the year. In 2011, breaking the capacity bottleneck became an important task for the company. With the completion of the Weichai Group's capacity increase project partially completed and put into use, from January to March 2011, the monthly average monthly output of high-power engines increased by 20,000 units, the production capacity was gradually released, and the market supply and demand conflicts began to ease. With the new production lines being put into production one after another, the shortage of production capacity of the Weichai Group has gradually eased, and the ranks of host manufacturers who have blocked the door to wait for the removal of the engine have not grown in 2010. It is reported that in the first half of 2011, the capacity of the Weichai Group's high-power, high-speed engines could reach a level of more than 80,000 units per month.

However, due to the strong demand in the construction machinery and heavy truck market in the first quarter of 2011, coupled with the high level of user recognition of Weichai engine quality, service and brand, even though the output of Weichai Group is much higher than the level of the same period in 2010, The tight supply of Weichai engine products continues. Orders reached more than 70,000 units in April 2011, and the contradiction between supply and demand is still outstanding. Weichai Group has mobilized all strengths to meet market demand. First-line workers have three shifts of production. In the first-line production workshop, the company dispatches special personnel to deliver food to the production site.

Under such a strong market demand, Weichai Group is still committed to new business development, but the development of new businesses will not be at the expense of existing businesses. The development of new products will also not affect the existing market. According to reports, while maintaining the continuous growth of the existing market, Weichai has begun to expand new businesses in the construction machinery power supporting market such as medium- and heavy-duty trucks, low-speed vehicles, and excavators, and the product structure of the Weichai Group's engines will further increase. It is comprehensive and reasonable.

According to the laws of the construction machinery and commercial vehicle market for many years, the intensity of competition in the market is often tight and loose. Therefore, Weichai has a clear understanding of the market throughout the year: With the first half of the year, the market is basically guaranteed. Responding to market demand must be prepared ahead of time. Due to the strong market relevance of Weichai products, despite the excellent construction machinery market in the first quarter of 2011, if the towing vehicle market represented by the transport market cannot fully start, the market situation for 2011 will be the full year. Have an adverse effect. In this regard, Weichai's strategy is to maintain and increase the market share of Weichai products, and continue to develop new markets; at the same time, through high-quality services, it will greatly expand the market.

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