Weichai Power and Bei Ben Heavy Duty Rejoin Coalition to Complement Each Other
Representatives sign agreement
The two sides promised to: on the basis of the previous cooperation, develop cooperation in depth, share advanced technologies, jointly develop markets, and jointly build market service networks to increase the market competitiveness of both parties, strengthen alliances, complement each other, and seek development through cooperation. To develop a win-win situation.
Bei Ben Heavy Duty Truck is a large-scale, high-end pillar type heavy-duty commercial vehicle manufacturing enterprise directly under China North Industries Group Corporation. It is a backbone enterprise with a large influence and coverage in the domestic heavy-duty vehicle market; Weichai Power is China's largest automotive engine and parts enterprise group. It is the only domestic equipment manufacturing group that has powertrains, commercial vehicles, hydraulic control and auto parts at the same time.
Chairman Tan Xuguang said at the signing ceremony: “At present, the external environment we are in has undergone profound changes. Strengthening strategic cooperation and implementing linkage innovation has become an important way for upstream and downstream companies to participate in competition and achieve win-win results. Today, The signing of a new strategic cooperation agreement between Weichai Power and Beiben Heavy Duty Trucks is a strategic choice for both parties to follow the market development trend and achieve complementary advantages.
Jia Hongqian, a deputy general manager and member of the Party Group of China North Industries Group Corporation, also stated at the signing ceremony that Beiqi Heavy has always used Weichai Power as the sole strategic partner of the powertrain and has matched and applied all models sold. Chai Power also fully cooperates with Bei Ben Heavy Duty to develop and expand domestic and foreign markets, and has made active efforts in technical cooperation and service guarantee coordination. The signing of this strategic cooperation agreement has established a higher level cooperation and development platform for both parties, which will inevitably inject new impetus into the development of both parties.
Under the witness of the senior management team of the two parties, Zhang Quan, CEO of Weichai Power, signed a strategic cooperation agreement with Wang Shihong, General Manager of Beiben Heavy and Party Secretary. This time, Weichai Power and Beiben Heavy Duty held hands-shaking for the second time. The two dominant brands must interact in market development and technology. The prospects for their cooperation are worth looking forward to. The new heavy-duty truck products created by both parties will definitely create more for customers. value.
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