On October 17th, Man Shengang, Party Secretary and Chairman of Shandong Heavy Industry Group, met with Tran Ba Duong, Chairman of Vietnam's Truong Hai Group in Jinan. Both parties engaged in discussions on strengthening their comprehensive strategic partnership. Wang Zhijian, Deputy Party Secretary and President of the Group, and Zhang Gengsheng, Party Committee Member and Vice President of the Group, attended the meeting.

Man Shengang welcomed the arrival of Tran Ba Duong and his party. He stated that in the face of complex and challenging circumstances at present, Shandong Heavy Industry Group actively pursued market opportunities, fostered innovation, optimized its structure, strengthened management, and improved quality and efficiency. As a result, the company's six major business segments demonstrated a stable, healthy, and positive development trend, positioning Shandong Heavy Industry Group as a leader in the industry both globally and domestically. Truong Hai Group, a key partner in Southeast Asia, grew remarkably with a strong brand reputation in Vietnam. Shandong Heavy Industry Group aimed to focus on the present while looking to the future, setting ambitious goals, expanding into new areas, and achieving significant cooperation with Truong Hai Group. The goal was to elevate the strategic partnership to new heights, fostering a stable, long-term, and sustainable relationship that benefited both companies through mutual success.

Tran Ba Duong introduced the business development and cooperation of Truong Hai Group. He said that Shandong Heavy Industry Group is not only a leading enterprise in China's equipment manufacturing industry but also an internationally renowned multinational group in equipment manufacturing. Truong Hai Group is one of the leaders in Vietnam's automotive industry, with six major segments: automobiles, agriculture, components, logistics, real estate, and service trade. Truong Hai Group and Shandong Heavy Industry Group have established a good foundation and deep friendship in long-term cooperation. The two sides have vast potential for collaboration and expressed their commitment to promoting cooperation in more areas. They aim to jointly explore the rapidly growing Vietnamese market.

Truong Hai Group engages in in-depth discussions with Sinotruk and Weichai Group.