"Lao Tan Living Room" Tan Xuguang communicates with investors and media on the performance of listed companies of Shandong Heavy Industry in 2023

On the afternoon of March 26th，Chairman of Shandong Heavy Industry Group，Chairman of Weichai Power，Chairman of China National Heavy Duty Truck Group，Chairman of Ferretti Group, Italy，Mr. Tan Xuguang, Supervisor of Kion Group Supervisory Board, led Weichai Power、Sinotruk、Zhongtong Bus、Shantui shares、Held by the senior management team of Weichai Heavy Machinery《Lao Tan's living room》，Answering questions from investors and the media on the performance of the Group's listed companies in 2023。

Tan Xuguang talks about the operation concept of Weichai Power

When the industry goes up，We must be the highest earners.、Profits are the highest.；When the industry is down，We must have fallen the least.，In the past twenty years, I have completely fulfilled my promise to the capital market.。

Tan Xuguang talks about large cylinder diameter and high power density engine

Large Cylinder Diameter and High Power Density Engine can Rebuild Weichai Engine Plate。Weichai already has an annual manufacturing capacity of 20,000 units.。Weichai PowerMSeries of large-bore engines sold more than 8000 units in 2023，Year-on-year growth of 38%。

Tan Xuguang on the Development of Construction Machinery

I think construction machinery will do two things in the future.。One is to aim at world-class enterprises.，Quality upgrading。The two is to seize the international market.，Sell high-end products。

Our hydraulic power assemblies are available to customers across the industry，One more competition and one less competition are not important.，The important thing is to join hands with partners to move towards world-class.。

Tan Xuguang on New Energy

The future must be a multi-energy strategy，It is not new energy that dominates the world.。I want to warn my friends in the industry.，Calm your head，Please don't“ Have a fever ”。

What is new energy?？Take it first“New”Make it clear，Burn coal to generate electricity，This is not called new energy.。

Diesels will never disappear in the world.，The bigger it is, the more it can't disappear.，The farther the diesel engine goes, the more it will not disappear.。

Tan Xuguang on Commercial Vehicle Industry“Involution”And“Outer Roll”

I have always said that I want to make money in my main business.，To make money is to have added value.，Added value is high quality.，High quality can increase tax revenue，Raise the wages of employees，Research and development also have money to invest in.。I hope the industry can be self-disciplined.，Sell the value of the product。

Weichai Power of Shandong Heavy Industry、Sinotruk red chip、SinotrukAShares、Weichai heavy machinery、Shantui Shares Release Results Simultaneously，In 2023, the net profit returned to the mother increased year on year.83.8%、218.6%、405.5%、18.3%、21.2%。

More than 13 million people worldwide watched and listened online.《Lao Tan's living room》Live broadcast。

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