Recently, we learned that Shandong Heavy Industry Group and CATL held a strategic cooperation signing ceremony in Ningde, Fujian. The two parties will cooperate in the fields of supporting products such as heavy trucks, construction machinery, buses, logistics vehicles, forklifts, product development, industrial ecological construction, and business model innovation.

It is understood that Shandong Heavy Industry Group is a multinational industrial equipment group that owns brands such as China National Heavy Duty Truck, Shaanxi Automobile Heavy Duty Truck, Weichai Lovol Smart Agriculture, Shantui Co., Ltd., Zhongtong Bus, and Germany's Kion Group. The business scope includes but is not limited to power systems, commercial vehicles, agricultural equipment, engineering machinery, smart logistics, marine transportation equipment, etc.