Weichai and Man want to further broaden cooperation

On November 2nd, 2010, Tan Xuguang, Chairman of Weichai Group, met with Mr. Shi Darman, President of the German MAN Diesel Engine Co., Ltd., and the two parties held a friendly discussion on further cooperation and development.

Weichai Group Chairman Tan Xuguang Meets with President Man Steadman
Weichai Group Chairman Tan Xuguang Meets with President Man Steadman

Chairman Tan Xuguang briefed Mr. Shi Darman on the development of Weichai and the construction of major aircraft factories. In recent years, Weichai Group has maintained a rapid development. In 2010, the engine segment accounted for half of the Group’s sales revenue of US$13 billion. Weichai Power is the most profitable company in China's stock market. It took only one and a half years from the construction of the large machine factory to trial production. It is a very successful cooperation project between the two parties.

Chairman Tan Xuguang emphasized that Weichai and Mann are old friends of many years and have maintained a good cooperative relationship in recent years. We hope that Weichai and Mann will further broaden the cooperation field and innovate new ones on the basis of summing up the successful cooperation experience. The model achieves the localized production of high-end diesel engines and achieves a win-win goal.

Shi Daerman stated that he hopes that both sides will continue to strengthen business exchanges in the course of development and learn from each other, combine Weichai and Mann's brand advantages, and continuously increase market competitiveness through market development and technological interaction to increase brand value.

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