XCMG Signs Strategic Cooperation Agreement with Weichai Power

September 5，Party Secretary of Shandong Heavy Industry Group、Chairman、Chairman of Weichai Group、Secretary of the Party Committee of Sinotruk、Chairman Tan Xuguang and His Delegation Visited XCMG，XCMG Limited、Chairman of XCMG、Party Secretary Wang Min warmly received，The two sides had in-depth exchanges on further strengthening cooperation.。

Jiang Kui, General Manager of Shandong Heavy Industry Group，Party Secretary of Weichai Power Co., Ltd.、Carry outCEOZhang Quan，Lu Chuan, President of XCMG、Vice President Sun Jianzhong、Wang Qingqing，Song Zhike, deputy general manager of XCMG, accompanied and witnessed the signing of the strategic contract between the two sides.。

At the symposium，Wang Min and Tan Xuguang signed on behalf of Xugong Machinery and Weichai Power respectively《Strategic Cooperation Framework Agreement》。According to the agreement，The two sides will act in accordance with“Honest cooperation、Mutual benefit and win-win”The principle of，Give full play to their respective industrial advantages，Diesel engine in construction machinery、Hydraulic parts、Deepening strategic cooperation in new energy products and other fields，Achieve a win-win situation。

Wang Min extended a warm welcome to Tan Xuguang and his party.，It also briefly introduces the industrial layout of XCMG.、Production, operation and overall listing，At the same time，“Weichai is an old friend of Xugong.”，As one of the core strategic partners of XCMG，Weichai has always maintained matching cooperation in the engines of many kinds of main engine products of XCMG.，Looking forward to a new level of cooperation between the two sides，Build high quality、Win-win mode of sustainable development，Form new competitive advantages of industrial chain。

Tan Xuguang said，All the time，XCMG and Weichai in product research and development、Manufacture、Supply and after-sales service to maintain a good strategic partnership.。It is hoped that the two sides will build on their respective advantages.，Continue the strong alliance，Deepen strategic cooperation，Promote sustained and high-quality development of both sides，And grow together into a world-class leader.。

During the visit，Tan Xuguang and his delegation also went deep into Xugong Mining Machinery Assembly Intelligent Manufacturing Workshop and Hanyun Industrial Internet Experience Hall respectively.，Detailed understanding of the large tonnage mining Excavator、Advanced manufacturing technology of high-end equipment such as mining dump Trucks，And Xugong Hanyun Industrial Internet Platform、Achievements of independent innovation and practical application of landing, etc.，Technical innovation of XCMG、Intelligent manufacturing capability is highly affirmed.。

As two independent brand enterprises in China's equipment manufacturing industry,，XCMG and Weichai have been cooperating for more than 20 years.，Forged a deep friendship.。The signing of the strategic cooperation agreement，The two sides will further enhance their relations.，Give full play to professional advantages and resource advantages，Intensive cultivation，Show new achievements in mutual integration and mutual promotion，Jointly build a world-class enterprise。

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