Founded in 1946, Weichai has over 95,000 employees worldwide. With the annual revenue of more than 300 billion RMB in 2020, Weichai ranks the 83th among China’s top 500 enterprises, the 23th among China’s top 500 manufacturing enterprises, and the 2nd among China’s machinery industry top 100 enterprises.
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Shaanxi HANDE Axle Co., Ltd was jointly invested and built up by Weichai Power Co., Ltd. & Shaanxi Automobile Group Co., Ltd on March 23th, 2003, with its predecessor as axle plant of Shaanxi Automobile Manufacturing Factory. The company is classified as high-tech enterprise, consisting of two plants in Xi’an City and Baoji City, which totally covers20 hectares for workshop area. It has over 3,800 staff members, including more than 600 engineers andintermediate level technicians. The company registered capital is 52 million USD and annual sales revenue is over 806 million USD.