The Weichai Power Company and some of its holding subsidiaries obtained the High-tech Enterprise Certificate Announcement: In accordance with relevant regulations, Weichai Power and its holding subsidiary Zhuzhou Ougerui Drive Co., Ltd. was identified as 2008 through local preliminary review, expert review, and other procedures. The first batch of high-tech enterprises was awarded the “High-tech Enterprise Certificateâ€; among them, the company’s issuance date was December 5, 2008 (valid for 3 years), and the Zhuzhou Ougrei Transmission Co., Ltd. issued a certificate for 2008. November 27 (valid for 3 years). According to the relevant regulations, after obtaining the qualification for high-tech enterprises, the company has enjoyed three consecutive years of preferential policies related to high-tech enterprises since 2008, and income tax is levied at a rate of 15%. In addition, the high-tech enterprises of Shaanxi Heavy-duty Truck Co., Ltd., Shaanxi Hande Axle Co., Ltd., Shaanxi Fast Gear Co., Ltd., Baoji Fast Gear Co., Ltd., and Xi'an Fast Automotive Co., Ltd. are still working In progress, the company will promptly disclose the relevant confirmation documents.
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