Shandong Heavy Industry Group Co., Ltd. was established on June 18, 2009. The company is a wholly state-owned company established in accordance with the Company Law and relevant laws and regulations with all state-owned property rights of Weichai Holding Group Co., Ltd., Shandong Engineering Machinery Group Co., Ltd. and Shandong Automobile Industry Group Co., Ltd. The State-owned Assets Supervision and Administration Commission of the People’s Government of Shandong Province performs the duties of the investor and is a backbone enterprise in the equipment manufacturing industry in Shandong Province.