Sinotruk Group and Zhongtai Securities signed a strategic cooperation agreement.

On February 4th, Shandong Heavy Industry Group and Zhongtai Securities signed a strategic cooperation agreement in Jinan. Wang Zhijian, Party Secretary and Chairman of Shandong Heavy Industry Group, Wang Hong, Party Secretary and Chairman of Zhongtai Securities, and Feng Yidong, Director and General Manager, attended the signing ceremony and held discussions. Ma Changhai, Member of the Party Committee and Vice General Manager of Shandong Heavy Industry Group, and Party Secretary, Chairman, and General Manager of Weichai Group, and Zhang Hao, Member of the Standing Committee of the Party Committee, Vice General Manager, and Board Secretary of Zhongtai Securities, signed the strategic cooperation agreement on behalf of both parties.

Wang Zhijian introduced the development of Shandong Heavy Industry Group. He stated that Zhongtai Securities is an important partner of Shandong Heavy Industry, providing professional support for the Group’s high-end equipment industry development, asset securitization, and internationalization. He expressed hope that both parties would further expand cooperation areas, enhance cooperation capabilities, leverage Zhongtai Securities’ financial service advantages, and assist Shandong Heavy Industry in its strategic transformation and upgrading, as well as its efforts to extend, supplement, and strengthen its industrial chain.

Wang Hong briefly introduced the development of Zhongtai Securities. He said that the two parties had previously carried out extensive cooperation in multiple business areas, jointly creating a number of landmark projects. Zhongtai Securities will take this signing as a new starting point, fully integrate its full range of securities business licenses, and make every effort to ensure the cooperation agreement is implemented effectively, injecting new capital momentum into Shandong Heavy Industry and achieving mutual growth, mutual benefit, and mutual success.

According to the strategic cooperation agreement, both parties will further deepen cooperation in areas such as equity financing, debt financing, wealth management, and industry research, jointly empowering the real economy and promoting high-quality development.