From December 16 to 20, in Hong Kong, Weichai Group Chairman, Mr. Tan Xu Guang, had meetings with member companies of the group to listen to the financial estimates for 2024 and development plan for the next 5 years

Specifically, on December 16-17, in a meeting with Ferreti Group - the world's leading Italian luxury yacht brand that was taken over by Weichai in 2012. Tan Xuguang said that Ferretti Group should improve the competitiveness of various products, and use the opportunity of Weichai Qingdao Marine equipment manufacturing project to quickly start the Ferretti brand promotion in China and become indisputable shining pearls in the crown of the global yacht industry!

On December 17-18, Mr. Tan Xu Guang had a meeting to discuss with Monteurs Baudouin, an engine brand from France with more than 100 years of history that Weichai merged in 2009. At the meeting, he also proposed Baudouin.Baudouin should deeply cultivate the business in advantageous market segments, highly cooperate with Weichai Power headquarters in the field of large-power high-density engines, shorten the supply cycle, radiate surrounding countries and regions with the EU as the center, and become the largest strategic support point for Weichai's global power brand construction.

From December 18 to 19, Tan Xuguang joined a meeting with Weichai Singapore. The next step is to accelerate the expansion of the construction of the Singapore regional operation center, assume the key core functions of global resource information sharing, collaborative work command, export of service support, strategic brand research, and become the nerve center of the Group to reach the Southeast Asian market and create a new model of the Group's global regional operation center.

From December 19-20, in a meeting with PSI, the leading powertrain manufacturer in the US, Weichai has held the majority of shares since 2017, a representative of Weichai Group said.PSI has moved towards the fast track of healthy development. In order to continue to improve the brand value in the North American market, they need to cooperate with the various resources of the Group, and become a first-class brand in the North American industry

It is expected that in the coming days, the Chairman of Weichai Group will continue to have meetings with other member companies to promote business strategies, aiming to complete the group's overall development plan.
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