We pay our deepest respects to the Weichai employees who remain committed on the overseas frontlines!

From September 6 to 12, Man Shengang, Party Secretary and Chairman of Shandong Heavy Industry Group, visited subsidiaries including Linde Hydraulics, Kion, Baudouin, and Ferretti in Germany and France. During his visit, he met with senior management teams, listened to reports on business performance, product development, market expansion, and business collaboration. He also held in-depth discussions with Stefan Hartung, Chairman of the Board of Bosch, and Christian Levin, CEO of TRATON Group. Weifang Party Secretary Liu Yun attended related events with Kion.

From September 10 to 15, the 2024 Cannes Yachting Festival, one of the world's most watched yacht shows, was held on the French Riviera. Weichai's Baudouin and Ferretti Group brought 20 luxury yachts and a variety of high-end yacht engines to the exhibition.

Class of 2024, Report Here!

On August 27, Man Shengang, Secretary of the Party Committee and Chairman of Shandong Heavy Industry Group, met with representatives of global partners specially invited by Shandong Heavy Industry Group who attended the Fifth Multinationals Summit in Qingdao. He exchanged communications with entrepreneurs from 8 multinationals including Bosch, BASF, ZF Friedrichshafen AG, BorgWarner, Corning, Garrett, Volkswagen AG, and KION on further deepening strategic cooperation and expanding cooperation fields.

On August 18, local time, the Shandong Heavy Industry Group Global Partners Conference and New Product Showcase took place in Mexico City, marking the fourth stop in Shandong Heavy Industry's commitment to the "Belt and Road" initiative and global strategic expansion. Weichai's star-studded lineup of products took center stage at the event, where distributors, key clients, and financial partners from the Americas gathered to discuss cooperation and shape the future together.

On August 18, local time, the Shandong Heavy Industry Group Global Partners Conference and New Product Showcase officially opened at the Mexico City International Convention and Exhibition Center. Over 600 partners from more than 30 countries and regions across the Americas, including Mexico, Brazil, Chile, and Peru, gathered for this grand event of friendship, cooperation, and development. Wang Zhijian, General Manager of Shandong Heavy Industry Group, delivered the opening speech, while Deputy General Manager Zhang Gengsheng presented a report titled "Collaboration to Create Value for Customers."

From August 15 to 16, Ye Jianjun, Deputy Party Secretary and Director of Shandong Heavy Industry Group, visited Qingdao and Linyi for a research trip. He engaged in discussions with Shandong Port Group regarding potential collaborations, visited the Group’s first secretary stationed in Yinan County, and conducted research at affiliated enterprises.

Recently, to comprehensively enhance the skills of its overseas marketing personnel and better serve global customers, Weichai organized the “Leading the Way, Seizing the Day, Sprinting Ahead into the Next Phase” 2024 Overseas Marketing Mid-Year Bootcamp, focused on talent development to build a strong, internationally competitive team.

Who’s by Your Side on the Road to Xinjiang? Weichai Engine!

On Fire! The Closing Ceremony of Weichai Group’s 2024 New Employee Training Camp is Here!

On the afternoon of July 26th, the Provincial Science and Technology Conference was held in Jinan, where the winners of the 2023 Shandong Provincial Science and Technology Awards were announced. Weichai Power’s projects, "Key Technologies and Industrialization of High-End Engine Compacted Graphite Iron Casting" and "Key Technologies and Applications for Environmental Adaptability of Heavy-Duty Diesel Engines", were honored with the First and Second Prizes in the 2023 Shandong Provincial Science and Technology Progress Awards, respectively.

On July 22, Shandong Heavy Industry Group held the 2024 Mid-Year Economic Operation Analysis Meeting to deeply study and implement the spirit of the Third Plenary Session of the 20th CPC Central Committee and the important speech delivered by General Secretary Xi Jinping during his inspection of Shandong. The meeting aimed to fully implement the decisions and deployments of the Provincial Party Committee and the Provincial Government, scientifically analyze the Group's economic operation in the first half of the year and the current situation, summarize work, clarify ideas, define tasks, make meticulous arrangements, and specifically study the next steps to ensure the comprehensive completion of all goals and tasks. Party Secretary and Chairman Man Shengang attended the meeting and delivered a speech.

Chasing Dreams with Weichai: A Wave of New Employees Has Arrived!

From June 30 to July 5, Man Shengang, Secretary of the Party Committee and Chairman of Shandong Heavy Industry Group, went to Weifang, Jinan, Jining and Liaocheng to carry out field research on Weichai Group, Sinotruk, Shantui, Zhongtong Bus and other ownership enterprises, to learn more about their production and operation, market development, scientific and technological innovation, internal management and party affairs.

From June 25 to 27, the China (Shanghai) International Power Equipment and Generator Group Exhibition (GPOWER 2024) was held in Shanghai. Weichai M33/M55 series large-bore gen-set products made a stunning debut and boosted the development of the industry.

On the basis of extensive research in the previous global market, on June 27, Tan Xuguang presided over the Shandong Heavy Industry Group supply chain management work conference in Jinan and delivered a speech, focusing on comprehensively winning the hard battle toward world-class supply chain competitiveness, focusing on analyzing the outstanding contradictions of supply chain management with the spirit of self-denial, and focusing on activating new quality productivity with a new supply chain. Firmly shoulder the role of "chain master", chain global partners to build a win-win situation, and work together to build an efficient, win-win, safe and sustainable new supply chain system.

On June 26, Tan Xuguang, Party Secretary and Chairman of Shandong Heavy Industry Group and Chairman of Weichai Group, led a team to visit Baidu and talked with Robin Li, founder, Chairman and CEO of Baidu. The two sides had in-depth exchanges on the application of AI to promote high-quality development of the equipment manufacturing industry.

In order to further promote the brand of Weichai Power in Malaysia and make "Good Quality of Shandong" famous overseas, from June 20 to 21, Tan Xuguang conducted in-depth field research on end-use customers in Malaysia (West Malaysia region), discussed and communicated with ship owners and distributors, and conducted systematic scheduling around product upgrading, customer satisfaction and resource allocation in advance.

According to the strategic deployment of Shandong Heavy Industry Group to develop new quality productivity and explore overseas business increment, from June 18 to 19, Tan Xuguang led a team to investigate data center gen-set project partners in Malaysia and Singapore, to understand in detail the demand of high-end data center customers for power generation products and the ecological construction of Weichai's industrial chain, and accelerate the development of new quality productivity of strategic increments to work together with partners to build a model data center project for the Asia-Pacific market.

According to the global strategy of Shandong Heavy Industry Group, in order to do a good job in the export business at "nearby markets", from June 14 to 16, Tan Xuguang led a team to South Korea to investigate the market, in-depth visit Weichai gen-set and marine sales network construction, and further increase the export of products. At the same time, he also visited and investigated the development of big data centers and fuel cell (SOFC) demonstration application projects in South Korea, and jointly dig into the South Korean data center business growth gold mine.

From May 23 to 24, Tan Xuguang led a team to Frankfurt to investigate KION Group and Linde Hydraulic of Weichai Group, to fully deploy and promote the win-win cooperation between Chinese and German enterprises through high-level cooperation.

From May 22 to 23, 2024, Tan Xuguang led a team to visit TÜV SÜD, FEV and Volkswagen's MAN Group in Munich and other cities in Germany to talk about working together to meet the challenges of the new technology era and reach a series of strategic cooperation consensus around the system layout of global cooperation.

On May 21, 2024, Tan Xuguang, who had just finished the research in Italy, led the team to Cassis, France, to investigate Baudouin in depth, listened to the report of the management's key work, and made an impromptu keynote speech.

On May 20, 2024, Ferretti Group Chairman Tan Xuguang listened to the work of the management one by one on the basis of the recent field research at the management headquarters in Milan. He did systematic study of the company's operation, global industry competition situation, strategic benchmark analysis, future business plan, international market development and other key work. He also communicated with all first-line and second-line managers face to face, and made a keynote speech to plan for future development in a comprehensive manner.

On May 18, 2024, Tan Xuguang, Chairman of Weichai Group and Chairman of Ferretti Group, presided over a meeting on the collaborative promotion of yachts and powertrain systems at the management headquarters in Milan. Experts from Ferretti Group and Weichai Group had efficient and practical exchanges on the comprehensive development of yacht propulsion system cooperation.

On May 16, 2024, Tan Xuguang, Chairman of Ferretti Group, presided over the on-site board meeting of Ferretti at the management headquarters in Milan, fully affirmed the sustained growth of the company's performance in the first quarter, and asked for a comprehensive construction of sustainable high-quality operation competitive advantage.

On May 16, Tan Xuguang led a team from Weichai and Baudouin France to visit Compagnia Tecnica Motori in Milan, accompanied by CTM Chairman and CEO Giovanni Maria Maffi and the management team. The two sides jointly discussed the global power generation market trends and subdivided application scenarios, conducted candid exchanges focusing on promoting high-power data center business cooperation, and reached broad cooperation consensus.

A Glimpse of Weichai Power 2023 ESG Report

On 29 April 2024, at 18:00 Beijing time, Tan Xuguang, Chairman of the Board of Directors of Ferretti Group, listened to a work report on the company's operation from January to April by Alberto Galassi, CEO of Ferretti Group, at Weichai Beijing Operation Center.

In the afternoon of April 23, Peter Laier, member of the board of directors of ZF Group and head of commercial vehicle solutions division, visited Shandong Heavy Industry Group. Tan Xuguang attended the meeing. The two sides carried out in-depth exchanges on new technology fields such as AMT, new energy electric drive axle, high-end marine power and intelligent driving, and reached a comprehensive strategic cooperation intention.

At 10:00 AM Milan time on April 22, 2024, Tan Xuguang, Chairman of Ferretti Group, hosted the Ferretti Global General Meeting by video in Beijing and answered questions from shareholders. The main venue of the meeting was located in Milan, and members of the Board of Directors, Supervisory board and global shareholders participated in the meeting online.

On April 20, at 10:00 am, the 2024 World Congress on Internal Combustion Engines was grand opened in Tianjin. Wan Gang, President of China Association for Science and Technology, made a speech at the opening ceremony.

At 10:00 am on April 16, Weichai Power Future Technology Test Laboratory officially opened. Tan Xuguang attended the opening event and gave a speech.

In the morning of April 10, the 30,000 hours operation ceremony of Weichai generator set on Koh Si Chang Island was successfully held. Tan Xuguang and the gen-set supplier company Namsang jointly witnessed this milestone moment.

In the morning of April 8, Tan Xuguang came to the Saigon Shipyard of Vinashin, the largest ship construction company in Vietnam, to experience ship construction on site, and communicated with the person in charge of the shipyard in depth about the needs of customers' transportation operations, Weichai marine engine application, product performance, competitive product comparison, and service parts guarantee.

On the basis of recent detailed field visits and research in the Southeast Asian market, on the afternoon of April 7th, Tan Xuguang hosted the Shandong Heavy Industry · Weichai Power Southeast Asia Market Product Export On-site Advancement Meeting in Ho Chi Minh City, Vietnam. The meeting conducted a comprehensive review of the product export situation of various affiliated enterprises in the first quarter of 2024 and scrutinized the emerging issues, systematizing the work arrangements for the second quarter.

To ensure high-quality export performance of the group's products in the second quarter, Tan Xuguang presided over a seminar on the morning of April 6th, focusing on Sinotruk's market channels and customer relations in Ho Chi Minh City, Vietnam. The seminar was oriented around problem-solving, benchmarking against top-tier standards, and value enhancement. It facilitated a comprehensive and in-depth exchange on the current development and future trends of the heavy truck market in Vietnam, as well as issues and cooperative suggestions regarding products, services, and parts from Sinotruk.