Man Shengang Meets with Management Teams from Overseas Subsidiaries of Shandong Heavy Industry Group

On January 17, Man Shengang, Secretary of the Party Committee and Chairman of Shandong Heavy Industry Group, met in Jinan with the management teams from 8 overseas subsidiaries, including KION Group (Germany), Ferretti Group (Italy), PSI (USA), Dematic (USA), Baudouin (France), Linde Hydraulics (Germany), Argo-Hytos (Germany), and VDS (Austria). The meeting focused on reviewing the 2024 business performance and discussing key priorities for 2025. Shandong Heavy Industry Group’s Deputy Secretary of the Party Committee and General Manager, Wang Zhijian, along with other senior executives, attended the meeting.

Man Shengang commended the overseas subsidiaries for their outstanding achievements. In 2024, the group's overseas operations continued to demonstrate robust growth, significantly enhancing operational efficiency and profitability, thereby contributing indispensably to record-breaking performance for Shandong Heavy Industry Group.

He emphasized that the overseas operations are a crucial pillar for Shandong Heavy Industry Group's high-quality development and journey toward world-class status. He urged the team to scientifically assess the macroeconomic environment for 2025, take proactive measures, and plan key priorities with precision across the year. Man Shengang called for confidence and determination in seizing global market opportunities and tackling various risks and challenges. He highlighted the need for foresight, anticipation, and proactivity in maintaining strategic control over operations, achieving a strong start in the first quarter, and meeting the objectives for 2025. He also underlined the importance of strengthening collaboration to harness the competitive advantages of both domestic and international enterprises, which involves fostering and sharing the industry chain, innovation chain, supply chain, and talent chain among the Group's subsidiaries for enhanced strategic synergy. Man Shengang encouraged unity and collective effort to create the greatest unity possible. He emphasized team dynamics and the need to maximize the innovative and entrepreneurial spirit of management teams at all levels and all employees, ensuring the group remains vibrant, opens new frontiers, reaches new heights, and continues writing its legacy of excellence.

The heads of the overseas subsidiaries presented their reports, expressing that the global industrial resources of Shandong Heavy Industry Group have provided crucial support and momentum for their sustained positive development. Looking ahead to 2025, they plan to further deepen business collaboration, strengthen competitive advantages, and expand global market presence to achieve higher operational goals.