SINOTRUK : To build a strategic support platform for the dual-wheel drive of industrial capital and domestic and international double-cycle development

On May 21st, Mr. Man Shengang, Secretary of Party Committee and Chairman of SINOTRUK Group, went to Hong Kong to investigate Weichai Power (Hong Kong) International Development Company Limited, China National Heavy Duty Truck (Hong Kong) Company Limited and Faraday Group Asia Pacific Limited, and convened the scheduling meeting of Shandong Heavy Industry’s business in Hong Kong and Macao, and Mr. Ma Changhai, a member of the Party Committee and Deputy General Manager of SINOTRUK Group, attended the investigation.

Weichai (Hong Kong) Company and SINOTRUK (Hong Kong) Company are mainly engaged in the management of listed companies, foreign investment management, financing management and other work. Man Shengang listened to the detailed report on the business development of the two companies, and said that the business of Weichai and China National Heavy Duty Truck (CNHTC) in Hong Kong has maintained a healthy and positive development trend, and the overall development of the SINOTRUK Group has realized the same direction and frequency resonance. The next step is to make better use of Hong Kong’s unique location, international finance, opening up to the outside world and other advantages, to build a strategic support platform for the Group’s industrial and capital double-wheel drive, domestic and international double-cycle development, and to contribute more to the high-quality development and internationalization of SINOTRUK Group.

  ♦ We will continue to play a good role as a bridgehead for financing and investment, broaden our horizons, integrate international resources, further improve the quality of financing and seize investment opportunities.

  ♦ To continue to play a good role as a bridge for innovation and talent attraction, to do a good job of combining Hong Kong’s technological innovation with the Group’s application scenarios, and to strengthen the transformation of technological achievements and the introduction of talent exchange.

  ♦ To continue to play a good role as an enabler of market development, relying on Hong Kong’s channel network, major customers and other resource advantages, and radiation-driven business development in Southeast Asia and other markets.

  ♦ To continue to play a good role in the front line of government services, and further deepen exchanges and cooperation with financial institutions, real enterprises, trade enterprises, etc., to continuously broaden the Group’s development space.

  ♦ To continue to play a good role in publicizing, promoting and displaying the window business card of Heavy Industry, establish a good international image, highlight the strength of the brand matrix, and help the Group build a world-class enterprise.

Faraday Group Asia Pacific Limited is a wholly-owned subsidiary of Italian Faraday Group, relying on the advantages of Hong Kong location, co-ordination is responsible for East Asia, Southeast Asia and Australia yacht sales and service work. Man Shengang came to Faraday Asia-Pacific company research, listened to the Faraday Asia-Pacific team work report. He said, Faraday yacht with good brand advantage, quality advantage, innovation advantage, synergistic SINOTRUK Group resources, and continue to cultivate the Asia-Pacific market, expanding the growth space, won the high recognition of customers. We should continue to play a good role in Hong Kong’s location advantages, seize the strategic opportunities in China and neighboring countries market, further increase the market development efforts, and firmly establish a high-end brand image.

Weichai, SINOTRUK , Faraday and other relevant personnel of Hong Kong companies to participate in the activities.