Will Weifang Wei Chai take over Reading?

Yes, according to the inquiry of official website, Wei Chai, Wei Chai has acquired Reading. Wei Chai is an enterprise mainly engaged in engine manufacturing, while Reading is an enterprise specializing in construction machinery. Wei Chai's acquisition of Reading can help it expand its industrial chain and improve its market competitiveness. In addition, Wei Chai can acquire Reading's technology and customer resources through acquisition to further enhance its own strength.