Recently, Wang Zhijian, Party Secretary and Chairman of Shandong Heavy Industry Group Co., Ltd., met with Wang Jinjian, Secretary of the Yangzhou Municipal Committee of Jiangsu Province, and his delegation in Jinan, the group's headquarters. The two sides conducted extensive and in-depth exchanges on deepening existing cooperation, expanding into new areas, and jointly promoting high-quality development, reaching important consensus.

During the meeting, Chairman Wang Zhijian warmly welcomed Secretary Wang Jinjian and his delegation, and systematically introduced the overall development, industrial layout, and strategic planning of Shandong Heavy Industry Group. He emphasized the group's full-industry chain advantages in power systems, commercial vehicles, construction machinery, and intelligent logistics, as well as the achievements made in technological innovation, international operations, and green transformation in recent years. Wang Zhijian stated that Yangzhou is an important manufacturing base and a famous historical and cultural city, and has a long-standing and sound cooperative foundation with many companies under Shandong Heavy Industry. The group attaches great importance to its business layout and development in Yangzhou.

Secretary Wang Jinjian detailed the economic and social development of Yangzhou in recent years, particularly the progress and plans in manufacturing transformation and upgrading, technological innovation-driven development, and business environment optimization. He fully affirmed the achievements of Shandong Heavy Industry Group's subsidiaries in investing and developing in Yangzhou, and expressed gratitude for Shandong Heavy Industry's contributions to Yangzhou's local economic development. Wang Jinjian pointed out that Yangzhou is currently focusing on building a high ground for industrial and scientific innovation and accelerating the development of new-type productive forces, indicating enormous potential and broad prospects for cooperation between the two sides.

Both sides held practical discussions focusing on further strengthening, optimizing, and expanding the relevant enterprises of Shandong Heavy Industry Group in Yangzhou. This included:

Deepening existing project cooperation: Fully supporting Yangzhou Diesel Engine Co., Ltd. (Yangchai), a subsidiary of Weichai Group, in continuously enhancing its core competitiveness in engine R&D and manufacturing; promoting Weichai Special Vehicle Co., Ltd. (Weichai Special Vehicle) to expand its advantages in the field of mining trucks and other special vehicles; and assisting Yangzhou Yaxing Bus Co., Ltd. in achieving greater development in the fields of new energy buses and high-end buses.

Expanding new business areas: On the basis of consolidating existing cooperation, actively exploring cooperation opportunities in more business sectors such as VANs (van-type trucks) and data center backup power systems, extending the industrial chain, and enriching the content of cooperation.

Leveraging the Synergistic Advantages of the Entire Industrial Chain: Shandong Heavy Industry will fully utilize its advantages in the entire industrial chain, from key components to complete machines, to inject more technology, capital, market, and management resources into its Yangzhou-based enterprises, helping to improve overall operational efficiency and product competitiveness.

Jointly Planning for Long-Term Development: Both parties agreed to focus on the present while looking to the future, working together to promote higher-quality and higher-level development of related businesses and projects during the 15th Five-Year Plan period, jointly creating a new model of win-win cooperation between the local government and enterprises.

This meeting marks a new stage in the strategic cooperation between Shandong Heavy Industry Group and Yangzhou City. Both parties stated that they will take this meeting as an opportunity to establish and improve a closer communication and coordination mechanism, increase resource investment, jointly solve problems in development, and ensure that all cooperation intentions take root and bear fruit, contributing to the high-quality development of the regional economy and the construction of a manufacturing powerhouse.

Jiao Qingbiao, Deputy Secretary and Secretary-General of the Yangzhou Municipal Party Committee, Ma Changhai, Member of the Party Committee and Deputy General Manager of Shandong Heavy Industry Group, and Secretary of the Party Committee, Chairman, and General Manager of Weichai Group, along with other relevant unit and department heads from both sides, participated in the meeting.