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The Deputy Secretary of the Municipal Committee and Mayor Yan Yanbo met with Cai Dong, General Manager of CNHTC Group at the Yungang International Hotel. The two parties discussed further issues concerning the future development of CNHTC Group Datong Co., Ltd., and between Datong City and CNHTC Group. Cooperation was discussed and exchanged.
Vice Mayor Li Wuzhang and Ma Bin attended the meeting.
According to reports, on November 17, 2008, the municipal government and China National Heavy Duty Truck Group signed a strategic cooperation agreement. The two sides established strategic cooperative relations on several key projects such as engines, superchargers, and vehicles. This is the city's promotion of reforms. Major breakthroughs in strategy and project construction. On November 18th, Sinotruk Group and Dazao Group signed a strategic reorganization and equity transfer agreement. Through the strategic reorganization of the two parties, Dazhe Group can effectively solve the strategic risks and gears and shafts of China National Heavy Duty Truck Group’s transmission resources. The supply of parts is guaranteed. In the next five years, the heavy-duty gearbox demand of China National Heavy Duty Truck Group will be mainly supplied by the restructured Big Gear Company and is expected to reach more than 150,000 units. This strategic reorganization provides the conditions for the next step of great-leap-forward development for Dazhong Company and China National Heavy Duty Truck Group, laying a solid foundation for the Jin and Lu provinces to realize a bigger and stronger auto industry. Cai Dong and his entourage came to the same day to conduct an inspection of the large-tooth relocation and expansion project and implemented a series of reorganization issues.
During the meeting, the two sides communicated on the land use, plant construction and product positioning involved in the reorganization and relocation. Yan Yanbo pointed out that “Daguai†is Datong’s “hero girl†who has found CNHTC, a “good wifeâ€, and its development prospects will be very good. Datong Municipal Committee and the municipal government are full of confidence. He demanded that "Big Gear" strictly organize production according to the technical requirements of China National Heavy Duty Truck and complete the good docking. He also said that in the future, the Datong Municipal Party Committee and the Municipal Government will continue to care about and support the restructuring of the “Big Gear†and create better conditions for its development. We also welcome the Sinotruk Group to continue to invest together. We look forward to new and better Cooperation.
Cai Dong expressed thanks for the great support and help given by the city. He said that through inspections, the Big Tooth Company is currently operating well. It is believed that in time, it will become an important part of China National Heavy Duty Truck. CNHTC also looks forward to further cooperation with Datong City in the future.
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