Weichai Power Works with XCMG to Make the World-level Products
September 25,2014
www.chinaspv.com: As the announcement, Weichai Power will cooperate with XCMG to make the world level product together; both are the independent China’s equipment builders. On 22 Sep.2014, they signed the strategic cooperation framework agreement, joint work in capital, accessory market, technology development and overseas market extension. Benefiting from the industry advantage resources, both parties dedicate to the revitalization of China’s manufacturing industry.
According to the agreement, the cooperation involves several series of Weichai products such as hydraulic products, engines, transmissions and axles. XCMG will get the technical support of new technologies and market support advantages of Weichai Power for power train systems, comprehensively improving competition. Weichai Power will further increase the proposition of its products among the components of the vehicles of XCMG. Meanwhile, high-level visits will be strengthened and chairman–level mutual communication scheme of both parties has established.
According to the agreement, the cooperation involves several series of Weichai products such as hydraulic products, engines, transmissions and axles. XCMG will get the technical support of new technologies and market support advantages of Weichai Power for power train systems, comprehensively improving competition. Weichai Power will further increase the proposition of its products among the components of the vehicles of XCMG. Meanwhile, high-level visits will be strengthened and chairman–level mutual communication scheme of both parties has established.
Source : www.chinaspv.com
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