Yuchai Heavy Industry and Shantui Crawler Chassis and other supporting suppliers signed a strategic cooperation agreement
On November 27, 2010, Yuchai Heavy Industry and Shantui Construction Machinery Tracking Subsidiary and Jining Yongsheng Construction Machinery Co., Ltd. signed strategic cooperation agreements respectively in Jining, Shandong. This indicates that the strategic cooperation between Yuchai Heavy Industries and suppliers has entered a new period of development.
During the ceremony, the two sides of the strategic cooperation uphold the concept of green development and harmony and expressed sincere congratulations on cooperation. At the same time, they agree that strong alliances will be more conducive to the development of enterprises. Shantui Crawler Chassis Company and Jining Yongsheng Co., Ltd. both stated that they will do a good job in the further cooperation between the two parties.
Yuchai Heavy Industry has always attached importance to the cooperation with suppliers. On June 4, 2010, Yuchai Heavy Industry and Japan HYEST Co., Ltd. signed a strategic cooperation agreement. On September 7, 2010, we established a strategic partnership with Donaldson (Wuxi) Filter Co., Ltd. in Changzhou. Strategic cooperation has not only brought reliable supporting resources, stable supply, and favorable prices, but also played a huge role in supporting the company's production and the rapid advancement of medium and large excavators, rotary drills, and other product R&D projects. On the other hand, Yuchai Heavy Industries has tilted its strategic suppliers in terms of ordering, settlement, and payment to enable strategic suppliers to gain a more stable market share in strategic cooperation, which has effectively promoted the long-term sustainable development of both parties.
After the signing of the ceremony, Zhang Shiyong, general manager of Yuchai Heavy Industry and other leaders attended the celebration ceremony for the commissioning and operation of Shantui Caterpillar Track Company's track 2 plant at the invitation of Zhang Xiuwen, chairman of Shantui Stock Co., Ltd.
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