On the basis of recent intensive research in overseas markets and in-depth exchanges with local customers and partners, on May 19, 2024, Tan Xuguang presided over a global gen-set business strategy discussion and on-site promotion meeting at the management headquarters in Milan. The Group's technical experts from Europe, North America, Singapore and China headquarters conducted in-depth and pragmatic exchanges and discussions.

On May 18, 2024, Tan Xuguang, Chairman of Weichai Group and Chairman of Ferretti Group, presided over a meeting on the collaborative promotion of yachts and powertrain systems at the management headquarters in Milan. Experts from Ferretti Group and Weichai Group had efficient and practical exchanges on the comprehensive development of yacht propulsion system cooperation.

On May 16, 2024, Tan Xuguang, Chairman of Ferretti Group, presided over the on-site board meeting of Ferretti at the management headquarters in Milan, fully affirmed the sustained growth of the company's performance in the first quarter, and asked for a comprehensive construction of sustainable high-quality operation competitive advantage.

On May 16, Tan Xuguang led a team from Weichai and Baudouin France to visit Compagnia Tecnica Motori in Milan, accompanied by CTM Chairman and CEO Giovanni Maria Maffi and the management team. The two sides jointly discussed the global power generation market trends and subdivided application scenarios, conducted candid exchanges focusing on promoting high-power data center business cooperation, and reached broad cooperation consensus.

A Glimpse of Weichai Power 2023 ESG Report

On 29 April 2024, at 18:00 Beijing time, Tan Xuguang, Chairman of the Board of Directors of Ferretti Group, listened to a work report on the company's operation from January to April by Alberto Galassi, CEO of Ferretti Group, at Weichai Beijing Operation Center.

In the morning of April 24, Lu Dongliang, member of the Standing Committee of Shanxi Provincial Party Committee and Secretary of Datong Municipal Party Committee, visited Shandong Heavy Industry Group and Sinotruk. Tan Xuguang, Party secretary, chairman, general manager of Shandong Heavy Industry Group and Chairman of SinotruK, and Yang Feng, deputy secretary of Jinan Municipal Party Committee, attended the discussion.

In the afternoon of April 23, Peter Laier, member of the board of directors of ZF Group and head of commercial vehicle solutions division, visited Shandong Heavy Industry Group. Tan Xuguang attended the meeing. The two sides carried out in-depth exchanges on new technology fields such as AMT, new energy electric drive axle, high-end marine power and intelligent driving, and reached a comprehensive strategic cooperation intention.

At 10:00 AM Milan time on April 22, 2024, Tan Xuguang, Chairman of Ferretti Group, hosted the Ferretti Global General Meeting by video in Beijing and answered questions from shareholders. The main venue of the meeting was located in Milan, and members of the Board of Directors, Supervisory board and global shareholders participated in the meeting online.

On April 20, at 10:00 am, the 2024 World Congress on Internal Combustion Engines was grand opened in Tianjin. Wan Gang, President of China Association for Science and Technology, made a speech at the opening ceremony.