On September 18, 2011, Weichai Power and China Longgong once again concluded the five-year strategic cooperation framework agreement and continued to write the second five-year legend of the cooperation between the two parties.
Chairman of China Longgong Board of Directors Li Xinyan and Weichai Power Chairman and CEO Tan Xuguang
The signing ceremony for the Strategic Cooperation Framework Agreement was held at the Shangri-La Hotel, Shanghai. Li Xinyan, Chairman of China Longgong Board of Directors, and Tan Xuguang, Chairman and CEO of Weichai Power, attended and witnessed the signing ceremony.
China Longgong Executive Director, CEO and President Qiu Debo and Weichai Power CEO Zhang Quan signed the strategic cooperation framework agreement.
In the past five years, China Longgong and Weichai Power have been adhering to the principle of mutual benefit and win-win. They have assumed the responsibility for common development, adhered to strategic cooperation, and sincerely united, have made remarkable achievements in the field of internal combustion engines and construction machinery. , to become a model of corporate cooperation in the industry.
Now, China Longgong and Weichai Power are once again working together to jointly meet market challenges and strive to seize the opportunity period of the global economy and achieve a new round of greater development of bilateral cooperation.
In 2007, China Longgong and Weichai Power signed the first five-year strategic cooperation framework agreement. In the past five years, the two sides have taken advantage of the potential to make full use of their respective resource advantages and have achieved considerable momentum of development. China Longgong leapt to the forefront of the construction machinery industry; Weichai Power also continued to consolidate its leading position in the internal combustion engine industry, and developed into a full-range, full-range supplier of power; both sides achieved strong alliances and common development.
According to the agreement, during the second five-year cooperation between the two parties, Weichai Power will continue to be a strategic supplier of China Longgong and rely on each other's advantages to build a cooperation platform and continue to develop in product technology, after-sales service, and information exchange. Comprehensive cooperation, configure their own advantages of resources. The highlight of this round of cooperation is technical cooperation. Weichai Power will provide China Longgong with various advanced engine matching technologies.
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