Shandong Heavy Industry-Weichai Power Holds New Product Showcase in Jakarta

In Jakarta, Indonesia, Shandong Heavy Industry-Weichai Power successfully held the 3rd Global Partner Conference and Southeast Asia New Products Exhibition from January 22nd to 23rd. This conference is the third important event for Shandong Heavy Industry to respond to the "Belt and Road" initiative and deepen the layout of the international market, which attracted more than 1,000 dealers, major customers, financial partners and media representatives from more than 20 countries and regions, including Southeast Asia, East Asia, Australia and New Zealand, to discuss cooperation opportunities and plan for future development. and plan for future development.

Mr. Tan Xuguang, Chairman and General Manager of Shandong Heavy Industry Group and Chairman of Weichai Power and China National Heavy Duty Truck Corporation (CNHTC), attended the event and delivered a speech on the theme of "Creating Higher Customer Value Together". He also presented awards to 14 companies that were recognized as strategic partners for the year 2023, and six partner representatives from Indonesia, Vietnam, Singapore and other countries shared their experiences of win-win cooperation with Shandong Heavy Industry-Weichai Power.

In the afternoon of 22nd, China National Heavy Duty Truck Group (CNHTC) and Indonesia MNC Group signed a joint venture cooperation agreement, Tan Xuguang and Tan Mingli, Executive Chairman of MNC Group, delivered speeches and witnessed the signing of the agreement, and MNC promised to fully support CNHTC to enhance its competitiveness and influence in financial leasing service and overseas brand promotion.

Then, China National Heavy Duty Truck Corporation (CNHTC) and Indonesia Moratus Group signed an agreement on the localized production of commercial vehicles. Tan Xuguang, Indonesia's Ambassador to China Jokhari Olatman and Charles Menaro, Chairman of Moratus Group, delivered speeches and witnessed the signing ceremony.

Headquartered in Jinan, China, Shandong Heavy Industry Group (SHIG) is a multinational industrial equipment group with great influence in the world, 150,000 employees, annual turnover of RMB 500 billion, and the ratio of domestic sales, export and overseas industries is 4:3:3 respectively. Its business scope covers six major fields such as power systems, commercial vehicles, agricultural equipment, construction machinery, intelligent logistics and marine transportation equipment, and it has science and technology innovation centers in many countries around the world.

In recent years, Shandong Heavy Industry has accelerated the pace of globalization, with product export revenue reaching RMB85 billion in 2023, a year-on-year increase of 57%, and a growth of at least 50% for the fourth consecutive year. Currently, the Group has 287 overseas offices, 905 sales agents, more than 10 localized joint venture factories and 1,500 employees based overseas, providing products and service solutions to more than 150 countries and regions around the world, forming a significant global competitive advantage.

During the event, Shandong Heavy Industry also held a new product exhibition, which included international brands such as KAO Linde forklifts from Germany and Faraday yachts from Italy, as well as domestic brands such as Weichai Power, China National Heavy Duty Truck, Shaanqi Heavy Truck, Shantui Stock, Leiwo Heavy Industry, Weichai Leivo, Zhongtong Bus, Yaxing Bus, etc. Twelve enterprises brought more than one hundred types of core products and the latest technology to the show. The exhibition, with its grand scale, diverse categories and rich exhibits, fully demonstrated the strong strength of Shandong Heavy Industry Group in the fields of new energy, power system, commercial vehicles, construction machinery, agricultural equipment and marine transportation equipment.

Information source from: Volkswagen.com