Weichai acts brilliantly in capital market

After Weichai Power was successfully listed on the HK Stock Exchange Ltd and set quite a number of new records in 2004, the management team of Weichai Power keeps dispassionate to the achievement. While paying great attention to the production,they operate the capital market carefully. They also further regulated the administration structure of the company, established a scientific decision mechanism, made a proper management strategy and a precise development target. In addition to that, the management team perfected the information releasing system for the transparency of the management. The credibility-based management has lowered the operating risks, ensured the benefit of the shareholders and thus owned great popularity from more and more investors. As a result, market share of the company goes up steadily which consequently resulted in a remarkable rise of the share price. In the turn of the year the highest share price had once reached to HK$23.3, increasing by 122% of the IPO price which made it one of the best shares with great growth potential. Most of the world famous funds including JPMorgan, Fidelity Investment, Citibank and HSBC hold Weichai Power s shares. Weichai Power has become the representative of Shandong manufacture industry and enjoys the great reputation on the HK stock market.

The outstanding achievement has drawn high attention from investors all over the world. A large number of fund managers and securities analysts from Morgan Stanley, Fidelity Investment, Citibank, Merrill Lynch and other famous funds have been attracted to the company. Last year more than 200 people from America, England, Singapore, Switzerland, Germany, Japan, Hongkong and Taiwan visited Weichai which had presented them with magnificent company image and the devoted employee. At the same time, relevant departments of the company communicated with the investors by all means including telephone, visual conference as well as more than 80 special topic meetings. All of which aimed to give the investors and analysts a timely and precise understanding of the operation situation and development plans of the company. World famous securities analysts from Morgan Stanley, Merrill Lynch and other famous funds have been keeping tracking the Weichai Power share performance. They have written many analysis reports and given the company shares very high grades.

Retrospecting the evolution of Weichai during the last year, Weichai has entered a brand-new stage of development. Recently Weichai have made a new strategic plan for the future and proposed the idea of establishing the largest general power industrial base in the world. Weichai were actively participating in the international cooperation with the world famous businesses. Just as Mr.Tan Xuguang, chairman of the board of directors of Weichai Power, has said, We are confident that, after 5 years of unremitting efforts, Weichai will be surely developed into a first class enterprise with diversified property rights, globalized market, internationalized technology and world famous brand. Weichai will also shoulder the responsibility of reinvigorating the national power industry and be one of the strongest power businesses in the world."