Weichai Power (Weifang) Remanufactured Company was incorporated in April 2008 and is a wholly-owned subsidiary of Weichai Power. At present, the company is operating in accordance with the National Development and Reform Commission "Automotive Component Pilot Management Measures" and "Weichai Power Auto Parts Remanufacturing Pilot Work Implementation Plan" requirements. Recover old machines through Weichai Power's sales and service channels, conduct remanufacturing R&D and trial production in the old factory area, and remanufacture engines for sales to selected areas through Weichai Power sales channels. Since the first batch of remanufactured engines were sold in June this year, the company has established a quality tracking system. According to the current feedback, there are no problems with the remanufactured engines.
The company's investment has adopted the principle of "one-time planning and step-by-step implementation." The new plant is scheduled to be completed in October this year with a building area of ​​27,000 square meters. With the completion of the first phase of the equipment, the company will be able to remanufacture 5,000 engines annually at the end of this year. The second phase of the equipment will be gradually put into place in 2009, and the capacity of remanufacturing 20,000 engines per year will be realized before the end of the year.
“According to the current state of business development, there are two major difficulties: First, people’s concept issues, and hope that relevant departments and the media will intensify their efforts to make users accept remanufactured products as soon as possible. In addition, companies are still in their infancy. In terms of human, material and financial resources, it is hoped that the government will introduce relevant incentive policies, especially preferential taxation policies, said Li Jiajia, general manager of Weichai Power (Weifang) Remanufacturing Company.
General Manager Li Jiajia is full of confidence in the future of remanufacturing. She believes that as the first batch of pilot companies, they should assume certain social responsibilities. At present, the company’s WD615 series of diesel engines has exceeded 1 million in social possession by the end of 2007. More and more engines are entering the scrapping period. A large number of scrapped engines and components will bring enormous pressure to the environment. Therefore, Weichai Power's engine remanufacturing business is also the need to fully implement the scientific concept of development, vigorously develop a recycling economy, and build a resource-saving and environment-friendly society. In addition, the company's long-term planning is also under development, such as the gradual expansion of recycling engine products, from the car engine to engineering machinery, marine and power generation engines. At the same time, the remanufacturing of transmissions and axles was carried out.
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