Weichai Power: Foreign Capital intends to transfer 50% of Deutz

A few days ago, Weichai Power responded to investors' questions and stated that in light of the commitments of the actual controllers to avoid competition with the industry, relevant parties have already agreed with foreign investors on preliminary plans to transfer 50% of Weichai Deutz to foreign investors. , but the relevant parties, such as the specific transferee and the terms of the agreement, are still further discussing.

Prior to this, Weichai Power issued an announcement on September 13, 2011 regarding Shandong Heavy Industry's further avoidance of competition with the industry. As Weichai Power and Weichai Deutz may have business competition, Shandong Heavy Industries has committed to determine Weichai Power as Shandong. Heavy industry will continue to operate and integrate engine operation and integration for engine construction machinery. We also urge Weichai Group to set up a special working group to coordinate with Deutz and Weichai Power in Germany to negotiate further efforts to avoid Weichai Deutz and Weichai. The related restructuring and integration plan that may generate business competition in the future and promised to complete within 36 months.

Shandong Heavy Industry is affiliated with the Shandong Provincial SASAC, and it is the shareholder of Weichai Group and is the actual controller of Weichai Power. Weichai Deutz is a joint venture established by Weichai Group and Germany Deutz which each invests 50% and mainly produces diesel engines.

Weichai Power stated that the company will actively negotiate with relevant parties to promote the completion of the matter as soon as possible and effectively safeguard the interests of the company and small and medium shareholders. Weichai Power is principally engaged in the research, production and sale of engines and their components, heavy-duty vehicles, heavy-duty vehicle axles, transmissions and other auto parts.

Impeller And Diffuser

Impeller And Diffuser

The part of impeller and diffuser in electric Petroleum Submersed Pump is a principal component in the pump, which drives the impeller to make high-speed rotation in certain rev by motor. The impeller makes centrifugal movement to transport liquid to the guide shell whose function is to make energy conversion and convey it to the impeller of subordinate grade. Hierarchical conversion and transmission make each grade of impeller and diffuser generate lift increase and accumulate to lift for the whole pump. The impeller and diffusers manufactured by the Group adopt CAD software design and apply CAM five-shaft processing die, ensuring stability and accuracy in molded lines for impeller and diffuser products. Meanwhile, it supplies three hydraulic performance parameters including lift, flow and efficiency in the product of impeller and diffuser for users so as to design the optimal product. Besides, there are products made from different materials such as ferronickel, nickelic abrasion resistant ferronickel, copper alloy, and stainless steel depending on well conditions for users to select, satisfying demands of users for difference in shaft diameter.

The Group has become a supermarket for products of impeller and diffuser and petroleum-submersed pump accessories manufactured both at home and abroad.


Diffuser Ni-Resist,Submersible Oil Pump Impeller,Plastic Diffuser

Tianjin RongHeng Group LLC , https://www.ronghenggrouppump.com