On May 21, Man Shengang, Party Secretary and Chairman of Shandong Heavy Industry Group, visited Hong Kong to conduct research at Weichai Power (Hong Kong) International Development Co., Ltd., Sinotruk (Hong Kong) Limited, and Ferretti Group Asia Pacific Ltd., and convened a Shandong Heavy Industry business scheduling meeting for Hong Kong and Macao. Ma Changhai, member of the Group's Party Committee and Vice General Manager, participated in the research.

Weichai (Hong Kong) Company and Sinotruk (Hong Kong) Company are mainly engaged in the management of listed companies, outbound investment management, financing management and other work. Man Shengang listened in detail to reports on the business development of the two companies. He said that the Hong Kong businesses of Weichai and Sinotruk have maintained a healthy and positive development trend and have achieved unity of purpose and resonance with the overall development of Shandong Heavy Industry Group. Next, they should better leverage Hong Kong's unique advantages in location, international finance and openness to build a strategic support platform for the Group's dual-wheel drive of industrial and financial capital and dual circulation development at home and abroad, and contribute greater strength to the Group's high-quality and international development.

♦ It is necessary to continue to give full play to the role of a bridgehead for financing and investment, broaden horizons and vision, integrate international resources, further improve financing quality and seize investment opportunities.

♦ It is necessary to continue to give full play to the role of a bridge and bond for innovation and talent attraction, do a good job in combining Hong Kong's scientific and technological innovation with the Group's application scenarios, and strengthen the transformation of scientific and technological achievements and the exchange and introduction of talent.

♦ It is necessary to continue to give full play to the role of a booster for market development, rely on Hong Kong's resource advantages such as channel networks and major customers, and radiate and drive business development in Southeast Asia and other markets.

♦ It is necessary to continue to give full play to the role of a frontline position for government services, further deepen exchanges and cooperation with financial institutions, industrial enterprises and commercial enterprises, and continuously broaden the Group's development space.

♦ It is necessary to continue to give full play to the role of a window and calling card for publicizing, promoting and showcasing Shandong Heavy Industry, establish a good international image, highlight the strength of the brand matrix and help the Group build a world-class enterprise.

Ferretti Group Asia Pacific Ltd. is a wholly-owned subsidiary of Italy's Ferretti Group. Relying on Hong Kong's locational advantages, it is responsible for coordinating yacht sales and service work in East Asia, Southeast Asia and Australia. Man Shengang visited Ferretti Asia Pacific to conduct research and listened to a work report by the Ferretti Asia Pacific team. He said that Ferretti yachts, with good brand advantages, quality advantages and innovation advantages, have collaborated with Shandong Heavy Industry Group's resources to continuously deepen the Asia-Pacific market and expand growth space, winning high recognition from customers. It is necessary to continue to give full play to Hong Kong's locational advantages, seize strategic opportunities in the markets of China and neighboring countries, further increase market development efforts and firmly establish a high-end brand image.

Relevant personnel from Weichai, Sinotruk, Ferretti and other Hong Kong companies participated in the activity.