QINGDAO, Oct 18 : The Shandong Heavy Industry – Weichai Power Global Partner Conference with the theme of “Technology Empowers Equipment Beauty” opened on Saturday.
Nearly 3000 partners and overseas employees from over 140 countries around the world gathered in Qingdao, Shandong Province. At present, Shandong Heavy Industry Group is fully promoting its internationalization strategy, and the total export volume is expected to exceed 100 billion yuan this year.
Shandong Heavy Industry Group is a leading global equipment manufacturing enterprise, with a core technology driven full industry chain layout, industry-leading intelligent manufacturing level, and a well-established matrix of well-known brands, injecting strong impetus into the rapid development of the group. In 2024, the group achieved a revenue of 550 billion yuan, an increase of 9% year-on-year. The enterprise firmly adheres to the internationalization strategy, vigorously promotes business globalization, research and development, supply chain globalization, and operation globalization, and has formed a core competitiveness with global influence. It is expected that the total export volume will exceed 100 billion yuan this year. From the perspective of business structure, the enterprise has formed a 4:3:3 business structure of domestic sales, product exports, and overseas industrial income, effectively resisting global economic cyclical fluctuations.
In the future, Shandong Heavy Industry will focus on new energy, digitalization, aftermarket, and globalization, work together with partners to accelerate overseas localization layout, promote integrated operation of all elements such as research, production, supply, sales, services, finance, and branding, and explore the infinitely vast global market.
The conference also officially released the global brand logo of Shandong Heavy Industry Group and held a new product exhibition simultaneously. Its six business segments, powertrain systems, commercial vehicles, smart agriculture, engineering machinery, marine transportation equipment, and smart logistics, showcased their new products and technologies, fully demonstrating the group’s product portfolio advantages and hardcore technological strength.
