Man Shengang Visited Singapore to Inspect the Business Development of Shandong Heavy Industry Group in Southeast Asia

From October 8th to 11th, Man Shengang, Party Secretary and Chairman of Shandong Heavy Industry Group, visited the Shandong Heavy Industry Group (Singapore) Operation Center to review the business development in the Southeast Asian market. During his visit, Man met with strategic partners and key client representatives, and attended the Delivery Ceremony for Zhongtong’s New Energy Bus and Global Debut of N12D Double-decker Electric Bus.

On October 8th, Man Shengang arrived at the Shandong Heavy Industry Group (Singapore) Operation Center, where he toured the product exhibition center and met with frontline employees. He also chaired a special meeting on the business development in the Southeast Asian market, receiving reports from subsidiaries including Weichai Group, Sinotruk, Shaanxi Heavy Duty Automobile, Shantui, Zhongtong, Weichai Lovol Intelligent Agricultural, Lovol Heavy Industry, and FAST.

Man Shengang emphasized that Southeast Asia is a key region for high-quality Belt and Road cooperation and a new growth engine for the global economy, holding a pivotal position in Shandong Heavy Industry Group's internationalization strategy. Shandong Heavy Industry Group's operations in the Southeast Asian market have had an early start, a strong foundation, robust momentum, ample stamina, and immense prospects. Shandong Heavy Industry Group has maintained an impressive trend of rapid growth, and the potential and space for future expansion are tremendous. The company will focus on capturing opportunities while restructuring operations, with product exports as our strategic priority. It’s also accelerating the transition toward high-tech, high-quality products and integrated solutions. It is essential to relentlessly optimize products and build brand reputation, ensuring that the company offers unique products, excels where others have a presence, and stands out where others are proficient, creating a differentiated and unparalleled competitive advantage while establishing a mid-to-high-end brand image. The company must diligently improve its system and respond swiftly, expediting the realization of a 'six-in-one' in-depth localization of products, manufacturing, parts, services, finance, and brands. We are committed to building a strong team and reinforcing accountability while strategically planning, recruiting, and developing overseas talent. This will effectively support our rapid business growth, providing our overseas employees with career motivation, growth prospects, and life security. The company will strengthen collaboration and implement integrated management, transforming the Shandong Heavy Industry Group (Singapore) Operations Center into a regional hub for strategic planning, resource sharing, coordinated command, brand promotion, talent development, product showcasing, business learning, and financial services.

On October 11th, the 'Delivery Ceremony for Zhongtong’s New Energy Bus and Global Debut of N12D Double-decker Electric Bus' was grandly celebrated in Singapore. As the pinnacle of Zhongtong Bus's recent technological innovations, Zhongtong’s N12D Double-decker Electric Bus, with its unique design, advanced performance, and exceptional quality, sets a new benchmark for China's new energy buses. The event was attended by distinguished guests, including Mr. Kang Yiming, Counsellor of the Embassy of the People’s Republic of China in Singapore, Mr. Fu Xiaohui, Chief Representative for China Council for the Promotion of International Trade Representation office in Singapore and Secretary General of the China Enterprises Association (Singapore) and Mr. Benjamin, President of Jardine Cycle & Carriage in Singapore.

In his speech, Man Shengang stated that Zhongtong Bus's bulk delivery of new energy buses to Singapore is another significant achievement of Shandong Heavy Industry Group in the global high-end market. It fully demonstrates Zhongtong's leading level in product quality and technological innovation, powerfully promoting the development of green transportation in Singapore. Shandong Heavy Industry Group's comprehensive product and brand portfolio will bring more opportunities to global partners and customers. In the future, more high-quality products from Shandong Heavy Industry will expand its presence in Singapore and Southeast Asia, contributing to the region's green, low-carbon, and sustainable economic and social development.

Shandong Heavy Industry Group showcased its product lineup at the 'Premium Products from Shandong' Exhibition, as part of Singapore-Shandong Week. Weichai signed a cooperation agreement for the B100 Bio-fuel Marine Power Development and Testing Project with Nanyang Technological University, China Classification Society, and Pinnacle Marine. The agreement was signed during the Singapore Business Exchange Forum for Shandong State-owned Enterprises. 

Zhang Gengsheng, Member of the Party Committee and vice president of Shandong Heavy Industry Group, accompanied the inspection.

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