Man Shengang, Party Secretary and Chairman of Shandong Heavy Industry Group, visited Hanoi and Ho Chi Minh City, Vietnam to investigate the local market development, visit strategic partners and major customers, attend important cooperation signing activities, further optimize market layout, build brand matrix, expand overseas growth, and actively contribute to the construction of a community with a shared future between China and Vietnam. Zhang Gengsheng, member of the Party Committee and deputy general manager of the group, participated in the investigation.

Man Shengang first came to Weichai Vietnam Company to visit and comfort front-line employees, presided over a special meeting on the Vietnamese market of Shandong Heavy Industry, and listened to the business development reports of Weichai Group, China National Heavy Duty Truck, Shantui Co., Ltd. and other affiliated companies in the Vietnamese market.

Man Shengang emphasized that at the Central Peripheral Work Conference held from April 8 to 9, General Secretary Xi Jinping proposed "building a community with a shared future for the surrounding areas". On April 14, General Secretary Xi Jinping proposed during his state visit to Vietnam to continue the traditional friendship of "deep friendship between Vietnam and China, comrades and brothers", promote comprehensive strategic cooperation with high quality, and ensure the steady and long-term construction of a community with a shared future between China and Vietnam. Vietnam is a strategic market and potential market at the "doorstep" of Shandong Heavy Industry, which is crucial to the international development of the group. In 2024, Shandong Heavy Industry's export revenue in the Vietnamese market increased by 79% year-on-year. In the first quarter of this year, it continued to maintain high-speed growth, achieving a year-on-year increase of 36% in export revenue. China National Heavy Duty Truck Group and Weichai Engine are both industry leaders in the Vietnamese market and have won a good brand reputation.

Man Shengang asked Shandong Heavy Industry to seize the opportunity, show its responsibility, strengthen investment in the Vietnamese market, and share strategic development opportunities. To vigorously expand the market growth, we must not only seize the initiative and make breakthroughs, but also be steady and cautious, and accelerate the introduction of new businesses and new products on the basis of strengthening and expanding advantageous businesses. We must comprehensively speed up the local layout, promote products, manufacturing, and aftermarkets to better adapt to the needs of the Vietnamese market, and create differentiated competitive advantages that others do not have, others have, and others are better than us. We must continue to deepen strategic cooperation, aim at the general direction, focus on major interests, focus on major goals, and have a big picture in mind, so as to grow together with partners and win the future together. We should optimize the allocation of human resources, vigorously recruit local talents, care for overseas employees, and encourage overseas employees to maintain the spirit of daring to think, dare to do and dare to take risks, and resolutely complete various goals and tasks.

On the afternoon of the 21st, Man Shengang visited Weichai's generator customer Rocks Group in Hanoi, attended the delivery ceremony of Weichai WPG2250B7 high-power generator sets, and learned about the operation of the generator sets on site. Pei Huikui, vice president of Rocks Group, and Li Huijiang, CEO of Weichai's channel partner Biwei, attended the event and delivered speeches. Rocks Group is a well-known enterprise in Vietnam's real estate development and urban service construction industry. This cooperation project is a backup power supply for commercial and residential complexes. At present, Weichai's high-power power generation products have ushered in explosive growth, and have entered high-end buildings, industrial parks, data centers and other fields in the Vietnamese market in batches, providing strong guarantees for Vietnam's infrastructure construction.

On the 23rd, Man Shengang visited strategic partner Changhai Group in Ho Chi Minh City to inspect the results of the strategic cooperation between the two parties and held in-depth discussions with Chen Boyang, chairman of Changhai Group. Changhai Group is one of the leaders in Vietnam's automotive industry, with businesses covering automobiles, agriculture, machinery, logistics, investment and other business sectors. At present, Changhai Group's buses and light trucks are widely equipped with Weichai engines, transmissions, axles and other power system products. Man Shengang said that Shandong Heavy Industry and Changhai Group have established a trustworthy, long-term and reliable strategic partnership. Shandong Heavy Industry's various industries have great potential to enter the Vietnamese market. It is hoped that both sides will work together to win the future and continue to expand the scope of cooperation, expand the space for cooperation and improve the level of cooperation. Chen Boyang said that Weichai has effectively promoted Changhai's bus and light truck products to establish a leading competitive advantage in Vietnam with its world-class full range of power systems, fast-response applications and service systems, and will promote more Shandong Heavy Industry products to enter the Vietnamese market in the future.

During the period, Man Shengang also visited Wei Huaxiang, Consul General of China in Ho Chi Minh City. Relevant responsible persons from Weichai Group, China National Heavy Duty Truck Group, Shantui Group and other affiliated companies participated in the event.