On May 21, Man Shengang, the Party Secretary and Chairman of Shandong Heavy Industry Group, conducted research in Hong Kong at Weichai Power (Hong Kong) International Development, Sinotruk (Hong Kong), and Ferretti Asia Pacific, and held a business dispatch meeting for Shandong Heavy Industry GROUP in Hong Kong and Macao. Ma Changhai, member of the Party Committee and deputy general manager of the Group, participated in the research.

Weichai (Hong Kong) and Sinotruk (Hong Kong) mainly engage in the management of listed companies, external investment management, financing management and other work. Man Shengang listened in detail to the reports on the business development of the two companies. He said that the business of Weichai and Sinotruk in Hong Kong has maintained a healthy and positive development trend, and has achieved the same direction and resonance with the overall development of Shandong Heavy Industry Group. Next, we should better leverage Hong Kong's unique geographical location, international finance, and opening-up advantages to build a strategic support platform for the dual-wheel drive of the group's industrial capital and the dual circulation development at home and abroad, and contribute more to the high-quality and international development of the group.

We should continue to play the role of a bridgehead in financing and investment, broaden our horizons, integrate international resources, further improve the quality of financing, and seize investment opportunities.

We should continue to play the role of a bridge and link in attracting talents through innovation, do a good job in integrating Hong Kong's technological innovation with the application scenarios of the group, and strengthen the transformation of scientific and technological achievements and the exchange and introduction of talents.

We should continue to play the role of a booster in market expansion, relying on the resource advantages of Hong Kong's channel network and major clients, to radiate and drive business development in markets such as Southeast Asia.

We should continue to give full play to the vanguard role of government services, further deepen exchanges and cooperation with financial institutions, real enterprises, trading enterprises, etc., and constantly expand the development space of the group.

We should continue to play the role of a window business card for promoting, introducing and showcasing Heavy Industry, establish a good international image, demonstrate the strength of the brand matrix, and assist the group in building a world-class enterprise.

Ferretti Group Asia Pacific is a wholly-owned subsidiary of the Italian Ferretti Group. Relying on the geographical advantages of Hong Kong, it is responsible for the sales and service of yachts in East Asia, Southeast Asia and Australia. Man Shengang came to Ferretti Asia Pacific for research and listened to the work report of the Ferretti Asia Pacific team. He stated that Ferretti Yachts, with its excellent brand, quality and innovation advantages, has been working in synergy with the resources of Shandong Heavy Industry Group to continuously deepen its presence in the Asia-Pacific market, expand its growth space and win high recognition from customers. We should continue to give full play to Hong Kong's geographical advantages, seize the strategic opportunities in the Chinese and neighboring countries' markets, further intensify market expansion efforts, and firmly establish a high-end brand image.

Personnel from Hong Kong companies such as Weichai, Sinotruk and Ferretti attended the event.