On June 18, 2014, during the investigation of Weichai Power by the investment company, the company’s relevant personnel received and answered questions on how to view the implementation of the National IV Standard. Weichai Power stated that: From the technical route of the National IV product, all domestic heavy truck and engine companies currently adopt the common rail system + SCR technology that Weichai insists on. The company is already well prepared to implement all aspects of the National IV standard. Based on SCR, it has stocked products of various technical routes. Recently, the Ministry of Industry and Information Technology released an announcement that on December 31, 2014, the “announcement†applicable to the state-level third-stage automobile emission standard diesel vehicle products was abolished, and on January 1, 2015, the three national diesel vehicle products would not be sold. With regard to the "Implementation Impact of China IV Standards, Technical Routes, and Corporate Response Strategies" that investors are concerned about, the company stated that: From the technical route of the National IV products, all domestic heavy truck and engine companies are currently adopting the common rail system that Weichai insists on. +SCR technology. The company is already well prepared to implement all aspects of the National IV standard. Based on SCR, it has stocked products of various technical routes. The company has a leading edge in common rail system technology products. Currently, it has a scale of social possession of nearly 400,000 units. It has comprehensively led other competitors in fields such as technology, after-sales, personnel training, channels, and procurement. In addition, the company has signed strategic cooperation agreements with many internationally renowned companies such as Bosch and BASF, ensuring that key components are always in the leading position of technology and the most competitive product supply. In 2013, the company sold more than 13,000 units of China IV engines, and its sales volume has grown rapidly since 2014. Under the background of the implementation of the national IV emission standards, the company is confident that it will continue to consolidate and improve its dominant position in the heavy truck market.
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