Weichai Power and Yutong Bus Sign Another Strategic Cooperation Agreement. Man Shengang and Tang Yuxiang Attend the Signing Ceremony.

On October 30, a signing ceremony for the strategic cooperation between Weichai Power and Yutong Bus took place at Yutong Headquarters. Man Shengang, secretary of the Party Committee and chairman of Shandong Heavy Industry Group, and Tang Yuxiang, chairman of Yutong Group and secretary of the Party Committee and chairman of Yutong Bus, attended the signing ceremony and had discussions and exchanges.

Yutong Group is a large commercial vehicle group that is mainly engaged in bus and truck businesses. Weichai is a leading enterprise in the global engine industry. The two sides have cooperated friendly for more than 20 years, during which they built a strong-strong union, achieved mutual benefits, and worked together to develop a series of classic bus products, in turn cultivated a good market reputation, and formed a close strategic partnership. Signing of this strategic cooperation agreement will help further deepen the cooperation of the two sides in supply of vehicle and powertrain components, collaborative research & development, and other fields. Both sides will focus on product value to create leading competitive edge and jointly explore the global market.

Before the signing, Man Shengang visited Yutong Bus’s museum, new energy factory area, and new test center, where he learned in detail about the enterprise's development history, product R&D, intelligent manufacturing etc. Meanwhile, the two sides had in-depth business talks and exchanges.

The signing ceremony was also attended by Wang Zhijian, deputy secretary of the Party Committee and general manager of Shandong Heavy Industry Group, Ma Changhai, member of the Party Committee and deputy general manager of Shandong Heavy Industry Group, and secretary of the Party Committee and chairman and general manager of Weichai Group, Li Panpan, vice chairman of Yutong Group and general manager of Yutong Bus, et al.