Weichai Power Approaches Jianghuai Automotive for Strategic Cooperation

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Following the signing of a strategic cooperation agreement between Weichai Power and JAC at the end of last year, the exchanges and cooperation between the two sides have become increasingly close, and mutual visits between the senior management teams have become institutionalized and normalized. On the afternoon of September 23, 2014, Tan Xuguang, Chairman of Weichai Power, headed the team to visit Jianghuai Automobile to enhance understanding, deepen friendship, consolidate the achievements of cooperation, and reach a consensus on the next step of comprehensive cooperation. Accompanied by the CEO of JAC Group, Mr. Tan Xuguang and his team visited the SAIC Motor Manufacturing Company's Shuailing Assembly Line, the engine company, the assembly shop of the heavy commercial vehicle company, the passenger vehicle manufacturing company, and the technical center. Full range of auto show.

Weichai Power Approached Jianghuai Automobile
Weichai Power Approached Jianghuai Automobile

In the Suzuki assembly line, Tan Xuguang inquired in detail about the conditions of Weichai's high-end light engine WP3 supporting JAC's handsome bell light truck. When he learned that in the road test and small-batch-listing stage, the matching of the two products showed strong power and stable performance. With features such as low fuel consumption, excellent shock absorption and noise reduction performance, it is intended to further improve the performance of the engine and enhance the supporting level of the vehicle, providing strong support for the strong listing of Shuai Ling.

In the process of high-level exchanges between the two parties. The chairman of Jianghuai Automobile Group, An Jin, Chairman Tan Xuguang introduced the development history of JAC, the current product layout and the future strategic plan. Jianghuai Automobile Co., Ltd. is a long-standing old state-owned enterprise. After experiencing difficult times in the 1980s when it was closed down, Jianghuai Automobile Co., Ltd. has embarked on the second entrepreneurial development path. Today, JAC Motors has grown into one of the most complete domestic product lines with the most diverse product categories. An Jin said that Weichai and JAC have a long history of cooperation and a deep emotional foundation. The signing of the strategic cooperation agreement has promoted the further expansion of both parties in their respective industries. It is expected that the cooperation with Weichai will produce fruitful results. In particular, the handsome bell light truck carrying WP3's "Heaven for the fit," will certainly help both parties in the market segments to open up territory.

Tan Xuguang strengthened his confidence in the cooperation between the two parties through his close contact with JAC's management team and products. In the future cooperation road, from heavy trucks to light trucks and even pickup trucks, from engines to gearboxes and axles, it is necessary to minimize the cost of manufacturing, optimize the product support of both parties, and jointly create the most competitive products. Tan Xuguang also said that with the persistence of the economic winter period, China's independent brands must also work together to give full play to their respective advantages and seize the emerging markets. Weichai and JAC have both cooperation and competition in the market. However, the cooperation between the two companies is more important than competition. In the future, we must strengthen cooperation, realize the full integration of product strategy, brand promotion, and market planning, establish an orderly market competition environment, and achieve mutual win-win results. .

JAC Motor Company introduced the cooperation since the signing of the strategic cooperation agreement. From the end of last year to the present, the number and proportion of supporting heavy-duty trucks and light trucks of Weichai's engines, transmissions, and axles have all significantly improved. The technical exchange mechanism between the two parties is working well and the cooperation between them has been continuously extended in depth. Zhang Jiyuan, chief assistant and chief designer of Weichai Power, introduced the research and development status of the products and technologies of the Weichai engine segment. Whether it is product coverage, R&D process, or advanced technologies such as emissions, vibration reduction, and noise reduction, Weichai's R&D capabilities are at the leading level in China, and they have ample capability in terms of product and technology reserves, and can form a good resource synergy with Jianghuai Automobile. Advantage.