Investor Presentaiton
Major Milestone of Wärtsilä in China
1978
Signing of
licensee
agreement
1986
Establishing
Wärtsilä Diesel
(China) Ltd.,
Hong Kong as
Joint Venture
with Kemklen
between
Sulzer with
Hong Kong
CSSC
1994
Establishing
Shanghai
Representative
Office, Beijing
Representative
Office, Wärtsilä
Diesel Panyu
Service Station
(Joint Venture)
1996
First Investment
in Taicang
Electric Power
Co., Ltd. (partial
ownership)
1982
1991
Wärtsilä Diesel
(China) Ltd.,
Hong Kong
became a wholly
Developing
agent
owned company
relationship with
under Wärtsilä
Kemklen
Diesel Finland
Industrial
Suppliers Ltd.,
Hong Kong
Oy, Helsinki
1995
Setting up Hong
Kong Service
Station
1997
Merging with
New Sulzer
Diesel Hong
Kong Ltd.
1998
Establishing
Dalian
Office
Representative
2002
Integration of
John Crane-Lips
operation in
Shanghai
following global
acquisition in
April 2002
1999
Upgrading Shanghai
Representative Office
to Wärtsilä NSD
Engine (Shanghai)
Ltd. with business
scope of trading and
servicing Setting up
Waigaoqiao
Workshop in
Shanghai
2004
Wärtsilä-CME
Zhenjiang
Propeller Co. Ltd.
founded in June.
In the JV Wärtsilä
has 55% and CME
has 45%
ownership
3
© Wärtsilä
Investors visit Sep. 23 2015
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