On November 3rd, accompanied by the Shandong Province Key Equipment Manufacturing Project Promotion Conference, the Weichai Levo High-end Agricultural Equipment Intelligent Manufacturing Base in Weifang officially started construction. It is reported that the 14 projects that started, signed and put into production together with the Weichai Levo High-end Agricultural Equipment Intelligent Manufacturing Base have a total fixed asset investment of about 51.5 billion yuan, and the expected annual income after reaching production is 117.6 billion yuan. As the first green and intelligent factory in the domestic agricultural machinery industry, the project can produce 100,000 power shift and CVT tractors with a power of more than 100 horsepower after completion, which has pressed the "accelerator" for the transformation and upgrading of the domestic high-end agricultural equipment manufacturing industry towards high, intelligent and green.
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