Shandong Heavy Industry Group unveiled and set up

On June 18, the unveiling ceremony of Shandong Heavy Industry Group Co., Ltd. (hereinafter referred to as Shandong Heavy Industry Group) was held in Jinan. This is a major strategic move made by the Shandong Provincial Party Committee and the provincial government to implement the scientific concept of development, conscientiously implement the national industrial policy, and accelerate the adjustment of the province’s industrial structure. The newly formed Shandong Heavy Industry Group will play an important leading role in the revitalization of Shandong equipment manufacturing industry.

Provincial Party Secretary and Provincial People’s Congress Chairman Jiang Yikang, Provincial Party Committee Deputy Secretary and Governor Jiang Daming attended the ceremony and unveiled the Shandong Heavy Industry Group. Gao Xinting, Standing Deputy Director of the Provincial People’s Congress Standing Committee, Yang Chuansheng, Member of the Standing Committee of the Provincial Party Committee and Secretary of the Provincial Discipline Inspection Commission, and Provincial Party Committee Wang Renyuan, Standing Committee Member and Executive Vice Governor, Wang Min, Member of the Standing Committee of the Provincial Party Committee and Secretary of the Provincial Party Committee, Qi Naigui, Vice Chairman of the Provincial Committee of the Chinese People's Political Consultative Conference, and leaders of the Provincial Commission for Discipline Inspection, provincial departments, some provincial enterprises, and financial institutions are mainly responsible for attending the unveiling ceremony. He expressed his warm congratulations to the establishment of Shandong Heavy Industry Group.

Shandong Heavy Industry Group is a state-owned sole proprietorship company established by all the state-owned property companies of Weichai Holding Group Co., Ltd., Shandong Construction Machinery Group Co., Ltd., and Shandong Automobile Group Co., Ltd. in accordance with the "Company Law" and related laws and regulations. The SASAC fulfilled its responsibilities as a contributor.

Jiang Daming pointed out in his speech that the equipment manufacturing industry is an important basic industry for the national economy and an important pillar industry for the economy of our province. Accelerating the adjustment of the equipment manufacturing structure and optimizing the allocation of resources has become a strategic task for the development of the equipment manufacturing industry in our province. The establishment of Shandong Heavy Industry Group is an inevitable choice for adapting to the development trend of the world's equipment manufacturing industry. It is an important measure for responding to the international financial crisis and transforming the development mode. It is an urgent need to improve the competitiveness of the equipment manufacturing enterprises in our province, and to promote economic restructuring. It is of great significance to create new advantages in economic development and promote sound and rapid economic and social development in the province.

Jiang Daming demanded that Shandong Heavy Industry Group undertake the historic mission of realizing the strength and expansion of the equipment manufacturing industry in our province. It must establish world vision and strategic thinking, adhere to high standards, high starting points and high demands, and participate in international competition at a higher level. cooperate with. We must conscientiously implement the national equipment manufacturing and automotive industry revitalization and development policies, persist in taking market demand as the orientation, adjust and optimize the product structure, accelerate technological innovation, fully share resources, and improve the core competitiveness of enterprises. We must continue to operate in accordance with the law, establish a modern enterprise system, improve the corporate governance structure, and implement effective management to build a new brand of equipment manufacturing in Shandong.

Tan Xuguang, chairman of the Shandong Heavy Industry Group and party secretary, said that Shandong Heavy Industry Group will follow the strategic plan of the provincial party committee and the provincial government on the economic structure adjustment, keeping a close eye on the new development trend of the world's equipment manufacturing industry, based on industrial development policy, and based on users. Demand-oriented, through market means to integrate stock resources and develop industrial increments. Based on the relationship of property rights, establish a standardized parent-subsidiary company management system. Strengthen technological innovation, implement scientific and standard management, strengthen the Shandong Heavy Industry brand, and build Shandong Heavy Industry Group into a large-scale equipment manufacturing enterprise with strong competitiveness at home and abroad.

News background material:

The newly formed Shandong Heavy Industry Group will become a competitive equipment manufacturing group with core technologies at home and abroad. The Group will focus on the development of an industrial chain that will always become the core competitiveness. Through restructuring and integration, Shandong Heavy Industry Group will create new advantages in talents, R&D, and marketing. It will have 620 postdoctoral and postgraduates in management, engineering, and finance, as well as national grades. There are 4 R&D centers and 6 provincial R&D centers, and a market network system with high concentration of market logistics resources and prompt and rapid response has been established.

In recent years, as the process of global economic integration continues to accelerate, competition among equipment manufacturing companies has increasingly manifested itself as competition among industrial chains. Accelerating the adjustment of the structure of equipment manufacturing and optimizing the allocation of various resources have become strategic ideas for upgrading and developing China's equipment manufacturing industry. At the same time, changes in the pattern of the world's equipment manufacturing industry have also provided historical opportunities for domestic enterprises. The establishment of Shandong Heavy Industry is in line with this development trend, relying on the revitalization and development policies of the national equipment manufacturing industry, seizing the historical opportunities, and utilizing structural optimization and chained innovation to take advantage of superior companies in terms of brand, technology, capital and innovation. , Drive the development of other related companies, improve the competitiveness of the entire industry, and promote the optimization and upgrading of the industry.

Weichai Holding Group is a leading power system enterprise group in China with strong innovation ability and competitiveness. Shangong Group is a dominant enterprise in the domestic high horsepower bulldozer industry. SAIC Group has a good development base in the automotive components industry. At present, the three companies have strong correlations in industries and products. The synergies of the reorganized group companies in product, technology, market sales, service, and procurement will be more prominent. The optimized combination of stock assets will be realized, and the rational allocation of incremental inputs will be promoted, and the benefits will be greatly improved.

According to analysis, the three joint reorganizations will not only promote the upgrading of the equipment manufacturing industry in Shandong and even the entire country, but will also affect the pattern of equipment manufacturing at home and abroad. Therefore, it can reduce repetitive investment in the industry, avoid resource waste, and help promote the intensive development of the equipment manufacturing industry. In this way, under the effective allocation of Shandong Heavy Industry Group's resources, we will focus on the development of new products and technologies that are in line with industrial upgrading and enhance the competitiveness of enterprises. On this basis, Weichai Holding Group can further strengthen the independent supporting position of the power system and create a competitive power system manufacturing base. ShanGong Group will continue to maintain its position as the No. 1 bulldozer in the domestic industry and enter the ranks of strong enterprises with 10,000 sets of production capacity in the world. Taking SAAM as the main business entity, it will integrate the auto parts resources distributed in each group of companies, and rely on the general policy of the development of China's auto industry to quickly form a product group with rational product layout, high system integration, and low logistics cost. Vehicle Parts Resource Platform.

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