Weichai, Yutong enter into strategic cooperation agreement, Tan Yuxiang lauds Weichai's amazing development

On April 19, Weichai Power and Yutong Bus entered into a strategic cooperation agreement, to open new-round in-depth cooperation. Through the cooperation, the two sides will keep ahead in the new energy bus field in the world.

All senior executives of Yutong Bus visit Weichai Power

Accompanied by Tan Xuguang, Chairman of Weichai Power, a delegation led by Tang Yuxiang, Party Secretary and Chairman of Yutong Bus visited the foundry line, engine line, product test center, high-end product exhibition and technology exhibition hall of Weichai Power.

During the visit, Tang and Tan watched CCTV View-"China's Manufacturing Should Grow Strong", to review the instruction of General Secretary Xi.

This is the first time that Tang has led a large delegation comprising all senior executives of Yutong to Weichai Power. Weichai Power's senior executives, led by Tan, accompanied and communicated with the visitors throughout the visit.

Tang Yuxiang lauds Weichai's amazing development!

This year marks the 20th anniversary of the reform, innovation and development of Weichai Power. Seeing its constant and rapid growth, Tang said in admiration, "Weichai Power's development over the years can be described with 'amazing'!" Weichai Power's efforts and success filled Yutong Bus with confidence in the cooperation.

In the past decade since Weichai Power and Yutong Bus forged a partnership, the two sides have supported each other and achieved win-win. Yutong Bus has developed into a major bus group in the world and Weichai Power has become an important strategic supplier of Yutong Bus, said Tan. Facing global competition, Weichai Power expects to cooperate with Yutong Bus in the new energy field in addition to the traditional engine field. Weichai Power will continue to provide the most competitive products and best services for Yutong Bus, and make great efforts to promote the high-quality development of China's bus industry.

Tang expressed thanks to Weichai Power for its support over the years. He said that he visited Weichai Power to learn its advanced products and management and successful experience, and deepen cooperation with Weichai Power with full sincerity. The good cooperation between the two sides will generate strong positive energy for both enterprises and the industry.

First-ever strategic cooperation

Witnessed by the senior executives of both sides, Niu Bo, General Manager of Yutong Bus and Zhang Quan, Executive CEO of Weichai Power signed the "Yutong Bus-Weichai Power Strategic Cooperation Agreement".

This is the first-ever strategic cooperation agreement between the two sides. Weichai Power has supplied 90,000 engines to Yutong Bus in the past decade, including a record over 14,000 units in 2017. The conclusion of the strategic cooperation agreement will further widen and deepen the cooperation between the two sides and open a new page for cooperation.

The two sides held a work meeting that afternoon. The visitors listened to an introduction to the R&D strength and new energy industry plan. The two sides exchanged ideas on future development and cooperation, and discussed the deepening of cooperation.