Tan Xuguang: Strive in the Second Quarter, Surpass the First Quarter

At 10:00 AM on April 1st, the Shandong Heavy Industry Group · Weichai Power "Strive in the Second Quarter, Surpass the First Quarter" mobilization meeting was convened in Jinan. Tan Xuguang delivered a motivational speech, demanding that the group at all levels take solid action, move quickly, and fiercely compete in the market, aiming to comprehensively outperform the first quarter results and surpass the best historical performance for the same period in the first half of the year.

Tan Xuguang highlighted five key achievements of the group's operations in the first quarter:

Highlight 1: Profit increase was significantly higher than revenue growth, and revenue growth was higher than the increase in sales volume, reflecting high-quality development.

Highlight 2: Business of vehicles and machinery had a significant driving effect.

Highlight 3: The three new businesses and after-market structural adjustments had clear positive results.

Highlight 4: The group's industrial chain synergy was highly efficient and effectively captured the market, gradually highlighting a mutually beneficial advantage.

Tan Xuguang put forward four requirements for the work in the second quarter.

The domestic market share should see an across-the-board increase.

Overpower all obstacles to seize the international market.

Accelerate the development of new energy, new technologies, and new business models.

Resolutely eliminate the losses of non-strategic entities.

Over 2,500 individuals, including deputy section-level and above leaders from Shandong Heavy Industry, middle-level assistant managers and above from affiliated enterprises, as well as deputy section-level and above leaders from Weichai and affiliated enterprise managers, attended the meeting both online and offline.