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China National Heavy Duty Truck Group and German Continental Group held a signing ceremony of a strategic cooperation agreement, which marks the formal establishment of the Continental Group's commercial vehicle auto parts project in Jinan, Shandong. Jinan Municipal Party Committee Deputy Mayor Zhang Jianguo attended the signing ceremony and met with Mr. Eisenhardt, President of the Continental Commercial Vehicle Company.
Continental Group is a global company that has grown rapidly relying on market and technology leadership strategies. Last year, sales revenue reached 25 billion euros, ranking among the top 100 in the world's top 500 companies. It is the world’s second largest auto parts supplier in the commercial vehicle sector. . At the same time, its technology ranks among the top three in the world in many fields.
Zhang Jianguo said at the meeting that the automobile industry is one of the pillar industries in Jinan. In order to support the development of the automobile industry, Jinan City has formulated a series of policies and measures to give priority support. CNHTC has further accelerated the pace of development and has become increasingly prominent in the international heavy truck industry. In recent years, exchanges and cooperation between the city and German companies have continued to deepen, and internationally renowned enterprise groups including Siemens have successively invested in and cooperate with them. The signing of a strategic cooperation agreement between Continental Group and CNHTC Group will surely play an important role in further improving the quality of CNHTC. All levels of government in Jinan City will be dedicated to providing services for investors and improve the investment environment and working conditions. I wish the cooperation between the two parties a complete success.
Ma Chunji, deputy director of the Standing Committee of Jinan Municipal People's Congress attended the meeting and attended the signing ceremony.
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