Sinotruk and ZF Cooperate To Achieve Win-win Results

Sinotruk Group and ZF signed a new round of strategic cooperation framework agreement in Shanghai on the afternoon of April 19. Tan Xuguang, chairman of Sinotruk Group, attended the event and signed. Mr. Peter Lyell, Member of the Board of Directors of ZF Group and President of Commercial Vehicle Division, and Mr. Wang Zhijian, General Manager of Sinotruk Group, delivered speeches and signed the agreement on behalf of both parties.

As one of the largest commercial vehicle manufacturers in China, Sinotruk Group has rich experience and resources in the field of commercial vehicles. Zf is one of the world's leading automotive parts and systems suppliers, providing high-quality parts and systems solutions to many automotive manufacturers. The two companies have complementary advantages in their respective fields, so it is of great significance to carry out strategic cooperation.

It is understood that the signing of the strategic cooperation framework agreement, the two sides will be in the intelligent network, new energy, fuel vehicles, lightweight, manufacturing engineering and other fields of in-depth cooperation. The two sides will jointly research and develop new technologies and products, and cooperate in marketing and services to achieve mutual benefit and win-win results.

Mr. Tan, chairman of Sinotruk Group, said that the strategic cooperation between the two sides will help Sinotruk better improve its product technology and service level, as well as promote the development of Sinotruk in intelligent manufacturing and intelligent networking, and achieve higher technological innovation and industrial upgrading.

Peter Lyell, President of ZF Commercial Vehicles Division, said that Sinotruk is one of ZF's key partners in the world, and this strategic cooperation will bring more business opportunities for Sinotruk and ZF, and continue to promote innovation and development in their respective fields.

The signing of the strategic cooperation Framework Agreement marks a new level of cooperation between Sinotruk and ZF. In the future, the two sides will further strengthen cooperation to jointly promote the development of the commercial vehicle industry and provide users with more high-quality and intelligent products and services.