# Lovol x Weichai Power (Strategic Restructuring Agricultural Machinery): partnership

Canonical ID: `acc554d8-e550-44b9-ba81-4ef977bc7d9f`

Weichai Power completed its strategic restructuring of Lovol Heavy Industry creating Weichai Lovol Intelligent Agricultural Technology. The restructuring marked a major step in Chinas agricultural equipment sector combining Weichais powertrain expertise with Lovols agricultural machinery platform.

- **Type:** investment
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [Lovol Heavy Industry](https://registry.deploy.report/companies/lovol.md) other
- Weichai Power _(off-registry)_ investor partner

## Timeline

- **Announced:** 2022-07-18

## Sources (1)

1. https://m.chinatrucks.org/news/9533.html


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