At 10:00 AM on April 1st, the Shandong Heavy Industry Group · Weichai Power "Strive in the Second Quarter, Surpass the First Quarter" mobilization meeting was convened in Jinan. Tan Xuguang delivered a motivational speech, demanding that the group at all levels take solid action, move quickly, and fiercely compete in the market, aiming to comprehensively outperform the first quarter results and surpass the best historical performance for the same period in the first half of the year.

In the afternoon of March 26, Tan Xuguang, chairman of Shandong Heavy Industry Group, Chairman of Weichai Power, Chairman of Sinotruk Group, Chairman of Ferretti Group, and supervisor of the Supervisory board of KION Group, led the senior management team of Weichai Power, SinotruK, Zhongtong Bus, Shantui and Weichai Heavy Machinery to hold the "Tan’s Meeting Room", answering questions from investors and media on the 2023 performance of the Group's listed subsidiaries.

On March 26, Weichai Power 20th Anniversary of Listing & Reform, Innovation and Development Achievement Seminar was held in Weifang.

2023 ANNUAL RESULTS OF WEICHAI POWER

In the afternoon of March 20, Shandong Heavy Industry Group and Zheshang Bank signed a strategic cooperation agreement in Jinan.

On the afternoon of March 18, Tan Xuguang led the information technology teams from various enterprises under Shandong Heavy Industry on a visit to Kingdee Software in Shenzhen for a learning exchange. Xu Shaochun, Chairman of the Board of Kingdee Software, along with the management team, received the delegation and engaged in discussions, exploring together the accelerated development of ERP software.

On the morning of March 17, Tan Xuguang, Chairman of the Italian Ferretti Group, presided over a meeting in Hong Kong to review the operations of the Ferretti Group in the Asia-Pacific region and listened to the report on the 2024 work plan of the Asia-Pacific regional management team.

From March 13 to 14, Tan Xuguang led the teams from Shandong Heavy Industry and Weichai Power on visits to DBS Bank and UOB Bank in Singapore to engage in in-depth discussions regarding financial cooperation for the group's Southeast Asia business.

From March 13 to 14, Tan Xuguang led the teams from Shandong Heavy Industry and Weichai Power in Singapore to visit the Shandong-based private enterprise Winning International Group and Nanshan Group's Singapore company to have in-depth discussions about Shandong Heavy Industry's subsidiary equipment products providing a support service system for overseas markets, and a series of strategic cooperations were reached.

At 11:30 AM on March 13, Weichai held a launch event for its brand-new WH17 series of high-end marine engines at the Asia Pacific Maritime Exhibition in Singapore, with Tan Xuguang delivering an address and performing the ribbon-cutting for the new product. Representatives from industry associations, major clients, and agents from countries including Singapore, Indonesia, Malaysia, Vietnam, the Philippines, Thailand, Myanmar, and Australia participated in the event.