Weichai Group and Bosch Group Deepen Strategic Cooperation to Promote Enterprise Transformation

    On September 2, 2014, four members of the board of directors of Bosch Group , the head of the global generator and diesel system business, Mr. Bulander Rolf, visited WeiChai. Tan Xuguang, Chairman of Weichai Group , headquartered in Weifang. He met with Boland and his party and both parties stated that they will further deepen strategic cooperation, promote transformation and upgrading, and lead the development of the industry.

    Weichai Group Tan Xuguang Holds Talks with Bosch Group Mr. Bulander Rolf
    Weichai Group Tan Xuguang Holds Talks with Bosch Group (Mr. Bulander Rolf)

    On this trip, Boland visited the No. 2 factory of the Weichai Lanqing production base and the science and technology pavilion that displayed the whole picture of Weichai. Boland said that this visit has brought him a lot of shock. Tan Xuguang expressed his welcome to Boland’s visit. He said that Bosch is our long-term strategic partner and hopes that further cooperation between the two parties can be further advanced.

    Boland thanked Tan Xuguang and introduced the current development status of Bosch. Bosch's business growth has been stable this year. The global market has performed well outside of South America. Not only has the momentum in the emerging markets been strong, but also in the developed countries, while it has performed well in the Chinese market, especially as a result of the upgrading of the National IV emissions. The business volume in the commercial vehicle sector has increased significantly. Boland said that Bosch has cooperated with Weichai for many years and hopes that the two sides will further deepen the strategic cooperation. Bosch will provide better support for Weichai.

    Chairman Tan Xuguang stated that the implementation of the National IV emission standards is imperative and will have a major impact on the industry. The heavy truck industry will enter the adjustment period, the light truck industry will face restructuring, and the high-end light trucks will increase incrementally. Light truck drops. Weichai has always been committed to the research and development of energy-saving and emission-reduction technologies, and will now be more steadfast in implementing the national standards. We hope that the two sides will strengthen cooperation and promote emission upgrades to make unremitting efforts to develop a recycling economy and lead the industry.

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