Yangzhou City, Jiangsu Province and Weichai initiated strategic cooperation

Yesterday morning, the Yangzhou City Government and Weichai Holding Group Co., Ltd. formally signed a strategic cooperation agreement. The two parties will carry out deep-level cooperation by integrating their respective advantageous resources to build Yangzhou into an automotive component of the Weichai Holding Group in the Yangtze River Delta region. The ship power system manufacturing center will fully enhance the core competitiveness of the automobile and parts industry in Yangzhou City. Zhao Kezhi, Member of the Standing Committee of the Provincial Party Committee and Deputy Governor of the CPC, Wang Yanwen, Secretary of the Municipal Party Committee, Xie Zhengyi, Mayor of the Municipality, and Zhang Xinqi, Secretary of the Weifang City Party Committee attended the signing ceremony.

According to the cooperation agreement, Weichai Holding Group will accelerate the development of road and non-road small-bore diesel engine business, marine power propulsion system business, special vehicle business and other auto parts business, etc. Weichai Group will be in the incremental business according to the actual development of the project. We will invest funds to realize the rational allocation of new products and technology research and development and market resources, accelerate the construction of the Weichai Group's Yangzhou auto parts and ship power manufacturing industry base, and reach an industrial scale of 10 billion in the next 3-5 years.

Zhao Kezhi welcomed hometown people from far away from Shandong. He said that Weichai is a very growing company. This cooperation is of great significance. Weichai’s advancement into Yangzhou is to occupy the market in the Yangtze River Delta, and at the same time, it will also make Yangchai get a big one. development of. He praised the municipal government of Yangzhou for its far-sightedness and said that we welcome companies like Weichai with excellent teams, high-quality brands and products to come to Jiangsu and come to Yangzhou to develop. We will support and provide services. Zhao Kezhi said that Jiangsu is seeking transformation and development. Only by further emancipating the mind, and actively introducing advanced concepts, management, and technology, can the park and the enterprise be upgraded and transformed to achieve the goal of transitioning to an innovative economy. He said that Shandong Province has a unique advantage in the field of equipment manufacturing in China. Jiangsu Province has strong strength in technology research and development, service outsourcing, etc. Both parties should seek to complement each other and deepen cooperation. We believe that the cooperation between Weichai and Yangzhou will surely achieve a win-win situation. We also hope that Weichai will use Yangzhou as a base, and in the implementation of the strategy of the Yangtze River Delta, we will make great achievements and create new glories.

In his speech, Wang Yanwen expressed his gratitude to Vice Governor Zhao for his concern and support during the cooperation. She said Yangzhou and Weichai signed a cooperation agreement, which is only the starting point for cooperation between the two sides. We must use this as an opportunity to build Weichai's base in Yangzhou. She stated that Weifang is a typical example of comprehensive development and scientific development in terms of urban construction, infrastructure construction, and industrial development. It is worthy of learning from Yangzhou. We hope that the two places will deepen cooperation and exchanges in the future. We will provide quality services to Weichai in the development of Yang. We hope that Weichai's future business will continue to flourish.

Zhang Xinqi and Tan Xuguang, chairman of Weichai Group, said that the cooperation with Yangzhou signified that Weichai will use Yangzhou as a base to create a comprehensive implementation of the Yangtze River Delta business strategy. Weichai Holding Group will accelerate its development in the Yangtze River Delta region and eventually achieve win-win cooperation with Yangzhou.

Lu Guiping, member of the Standing Committee of the Municipal Party Committee and Secretary-General, Wang Kanghua, deputy director of the Standing Committee of the Municipal People's Congress, Qian Xiaoping, vice chairman of the CPPCC National Committee, and He Jinfa, secretary of the municipal government attended the signing ceremony. Deputy Mayor Wen Daicai presided over the ceremony.

Before the signing ceremony, Zhao Kezhi inspected the "three new" product showroom in the Yangzhou Economic and Technological Development Zone. Wang Yanwen, Xie Zhengyi, and Zhang Xinqi accompanied.