Man Shengang met with Peter Laier, a member of the Board of Directors of ZF Friedrichshafen AG 

On November 20, Man Shengang, Party Secretary and Chairman of Shandong Heavy Industry Group, met with Peter Laier, a member of the Board of Directors of ZF Friedrichshafen AG and Head of the Commercial Vehicle Solution Division and Industrial Technology Division. The two sides held discussions on further deepening their strategic cooperation. The meeting was chaired by Wang Zhijian, Deputy Party Secretary and President of Shandong Heavy Industry Group.

Man Shengang warmly welcomed the ZF delegation. He emphasized that ZF is a global leader in the automotive components sector and a long-time partner of Shandong Heavy Industry Group. Over the past forty years of collaboration, the two sides have built a deeply trusting and efficient strategic partnership. He noted that Shandong Heavy Industry Group has made significant progress in various sectors, with continuous improvement in operational quality and efficiency, demonstrating strong product competitiveness in the global market. He expressed hope that the two sides would continue to deepen their business alignment, innovate together, and explore new avenues for cooperation in more areas and at higher levels. He also emphasized the importance of tackling challenges together in the transition to new energy and global expansion, and of seizing opportunities to create a bright future.

Peter Laier remarked that ZF and Shandong Heavy Industry Group have grown together amid intense market competition, forging a deep friendship. During IAA Transportation 2024 at Hannover, Shandong Heavy Industry Group's subsidiary companies showcased their latest product technologies, attracting widespread attention within the industry. He noted that the accelerated transformation to new energy is disrupting the industry ecosystem, which has opened up new avenues for future cooperation between the two companies. ZF will strengthen its strategic partnership with Shandong Heavy Industry Group, supporting its businesses in enhancing industry competitiveness and global brand recognition, and seizing the initiative in future strategic development.

The event was attended by Yu Sujie, Senior Vice President and President of the Asia-Pacific Region for ZF’s Commercial Vehicle Solutions Division, and Liu Huisheng, Vice President of Shandong Heavy Industry Group, among others.