On March 14, 2012, Honeywell, the world's leading developer of automotive turbochargers, won the largest diesel engine manufacturer in China with its comprehensive technical level of strong technical support, outstanding business cooperation, on-time delivery, and product innovation. Weichai Power issued the 2011 "Best Supplier" award.

Weichai Power Co., Ltd., located in Shandong, is engaged in the manufacture of diesel engines and generators. There are more than 350 suppliers, of which only 11 have won the best supplier awards. Honeywell has a first-class global turbocharger technology center in Shanghai, and has a complete professional capability to develop and test the latest turbocharger technologies and applications for Chinese automakers. Honeywell also recently announced that it will build a second turbocharger production plant in Wuhan in China and put it into operation before the end of 2012.

Mr. Dai Pengjie, vice president and general manager of Honeywell Transportation Systems China and India, said: “We are honored to be selected as the best supplier of Weichai Power. We will continue to provide our customers with the best products and best services. It is the cornerstone of our promotion of the Chinese market and its growth."

China's increasingly stringent commercial vehicle fuel efficiency standards have led many host companies to choose to use turbochargers to meet both social and regulatory requirements. Honeywell expects the sales of turbochargers in China from 4 million to 8 million units from 2011 to 2016.

As the first foreign company to establish a wholly-owned turbine production facility in Shanghai, China, Honeywell provides innovative turbocharging technology to help Chinese automakers significantly improve oil efficiency and reduce emissions.

Honeywell Turbo Technology is a business unit of the Honeywell Transportation Systems Group and a leading global automotive turbocharger developer. As a leading automotive supplier, Honeywell Transportation Systems Group continues to improve vehicle performance, efficiency and appearance with its state-of-the-art technology.

Honeywell International

Honeywell International is a diversified, high-tech, advanced manufacturing company that is one of the Fortune 100 companies. Its global operations include aviation products and services, building, home and industrial control technologies, automotive products, turbochargers and Characteristic materials and technologies. Honeywell's history in China dates back to 1935. At that time, Honeywell opened its first distribution agency in Shanghai. Currently, Honeywell’s four major business groups have settled in China, and all Asia-Pacific headquarters of its business units have also been relocated to China, and have set up branches and joint ventures in 20 cities in China. Honeywell employs approximately 12,000 people in China.

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