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Democratic Republic of Congo and Vingroup sign MOU on urban development and green transportation


KINSHASA, CONGO – Media OutReach Newswire – 25 October 2025 – The Government of Kinshasa, the capital of the Democratic Republic of the Congo, and Vingroup (Vietnam) have signed a Memorandum of Understanding (MoU) to collaborate on research and development of large-scale urban projects and green mobility. The agreement marks an important milestone in the cooperation between Vietnam and Democratic Republic of the Congo, reflecting the shared vision of both sides toward sustainable development and improving quality of life for residents.

Mr. Daniel Bumba Lubaki, Governor of Kinshasa and Ms. Le Thi Thu Thuy, Vice Chairwoman of Vingroup at the MOU signing event
Mr. Daniel Bumba Lubaki, Governor of Kinshasa and Ms. Le Thi Thu Thuy, Vice Chairwoman of Vingroup at the MOU signing event

Under the MoU, the two sides will jointly explore and develop a riverfront mega-urban project covering approximately 6,300 hectares, while gradually converting more than 300,000 gasoline-powered vehicles to electric vehicles, and establishing a comprehensive electric bus network and charging infrastructure.

The project is located between the southern bank of the Congo River and the northern area of N’djili International Airport – a strategic site in the city’s expansion plan. The project is expected to include residential zones, villas, apartments, hospitals, schools, shopping centers, hotels, entertainment complexes, as well as a future administrative district for government ministries and agencies.

The development aims to create a modern new urban center that will serve Kinshasa’s residents while becoming a tourist destination and a symbol of the city’s progress. The city will allocate the land to Vingroup free of charge.

In addition to real estate, both parties agreed to expand cooperation into green transportation projects, including the development of electric bus and taxi systems, and EV charging infrastructure operated by VinFast and GSM.

VinFast will provide suitable vehicle models to support Kinshasa’s plan to gradually replace more than 300,000 fossil-fueled vehicles with EVs. The company will also explore the supply of VinFast electric buses and support the establishment and operation of electric Bus Rapid Transit (BRT) routes. The city has committed to providing land for charging infrastructure to accelerate the city’s green transition

Speaking at the signing ceremony, Mr. Daniel Bumba Lubaki, Governor of Kinshasa, emphasized: “We welcome Vingroup’s presence in Kinshasa. We have witnessed firsthand the remarkable achievements Vingroup has made in Vietnam and many other countries around the world. With its extensive international experience in urban development, housing, and infrastructure, we believe this partnership will mark a significant milestone — paving the way for a more modern, sustainable, and vibrant urban future for the people of Kinshasa.”

Ms. Le Thi Thu Thuy, Vice Chairwoman of Vingroup, shared: “Vingroup is delighted to partner with the Government of Kinshasa in this mission to enhance the quality of life for its people. With extensive experience in developing world-class mega-urban projects and advancing an electrified mobility network, we believe our collaboration will help transform the city’s landscape and foster sustainable development in both the capital and across the Democratic Republic of the Congo.”

Kinshasa is the capital and largest city of the Democratic Republic of the Congo, with a population of approximately 17 million. It is the political, economic, and cultural center of the country and one of the fastest-growing cities in Africa.

Vingroup is Vietnam’s largest private multi-sector conglomerate, perating across five core pillars: Industrials & Technology, Real Estate & Services, Infrastructure, Green Energy, and Social Enterprises, with the vision “For a better life for everyone.”

With its proven reputation, scale, and capabilities, Vingroup is steadily expanding its presence on the global stage. Recently, Vingroup was recognized by TIME Magazine (USA) in its “TIME World’s Best Companies 2025” list – ranking among the Top 1000 global companies for its outstanding achievements in sustainability, innovation, and global impact.

The issuer is solely responsible for the content of this announcement.

Cardiovalve Completes TARGET Study Enrollment for CE Registration Study for Tricuspid Valve Replacement

The Company Advances Toward European CE Mark Submission with 150 Patients Enrolled; On Track for 2027 Commercial Launch

HANGZHOU, China, Oct. 25, 2025 /PRNewswire/ — Venus Medtech (Hangzhou) Inc. (2500.HK, hereinafter referred to as the “Company”) today announced the successful completion of patient enrollment in the Cardiovalve TARGET study for Transcatheter Tricuspid Valve Replacement (TTVR), with a total of 150 patients enrolled. The completion of enrollment marks a major milestone toward European regulatory approval for Cardiovalve’s Transcatheter Tricuspid Valve Replacement (TTVR) system, the company’s flagship solution for treating tricuspid regurgitation.

With enrollment now complete, the company is preparing to submit its CE Mark application to European regulators later this year. Pending approval, commercial launch of the Cardiovalve TR system in Europe is projected for 2027.

Building on this achievement, Cardiovalve is also preparing to initiate its AHEAD study, which will evaluate the safety and performance of Cardiovalve’s mitral valve replacement system in patients suffering from significant mitral regurgitation (MR). The AHEAD study is designed to support a future CE Mark application for the mitral system.

Cardiovalve Participation at TCT 2025

Cardiovalve will present preliminary data for its mitral regurgitation (MR) system at TCT 2025.

The presentation, titled “Transcatheter Mitral Valve Replacement Using the New Generation Cardiovalve System,” will be led by Dr. Christian Frerker.

Session Details:

  • Session: Innovation Session 17 — New Generation Transcatheter Mitral Technologies: Case-in-a-Box Demonstrations
  • Date: Tuesday, October 28, 2025
  • Time: 12:25–12:30 PM
  • Location: Moscone Center, North, Exhibition Level, Hall E- Innovation Theatre

About Cardiovalve

A subsidiary of Venus Medtech, Cardiovalve is a pioneer in transcatheter valve replacement technology, standing at the forefront of innovation in structural heart therapy. With more than 150 approved patents, a highly experienced team, and a state-of-the-art manufacturing facility, Cardiovalve is dedicated to providing physicians with next-generation solutions that improve patient outcomes and quality of life—without the need for open-heart surgery.

About Venus Medtech

Venus Medtech (Hangzhou) Inc. (2500.HK) is a leading innovator in transcatheter heart valve solutions for structural heart disease. The company has developed a comprehensive product pipeline covering all four heart valves — TAVR, TPVR, TMVR, and TTVR —and related accessory products. With global R&D centers in China, the United States, and Israel, The company is committed to providing effective treatment solutions for life-threatening diseases.

Hainan Media Tour: Opening Up to New Opportunities

HAIKOU, China, Oct. 25, 2025 /PRNewswire/ — A report from Hainan International Media Center:

From Oct. 15-17, the Hainan Media Tour took journalists from over 20 domestic and international media outlets, including The Christian Science Monitor, Czech Television, China Arab TV, and Xinhua News Agency on a journey of exploration into the development progress of the Hainan Free Trade Port and the preparations for island-wide special customs operations.


From October 15 to 17, the Media Tour of Hainan was successfully held in Hainan.

During the three day trip, the media representatives attended a group interview for journalists, holding in-depth discussions with Hainan province officials about the Free Trade Port’s policy framework and preparations for special customs operations. The delegation also visited Haikou, Danzhou, Qionghai, Sanya, and other island cities to observe policy implementation, infrastructure development, and industrial development.

The Hainan Free Trade Port will officially launch island-wide special customs operations in December, 2025 as part of the province’s push to become a key gateway leading China’s opening up.

During a conference on the FTP, reporters learned that the initial Hainan FTP policy and institutional framework has been set up, China’s first ‘negative list’ for cross-border trade in services, and first special measures to ease market access have been implemented, and the tariff-free policy for domestic sales of value-added processed goods has been expanded to the entire island.

The media paid close attention to Hainan’s speed of industrial development and made note of Hainan’s international development as the province leads China’s drive to open up. Macau Monthly reporter Qi Jige has engaged in long-term documentation of how Yangpu Port is developing into an international shipping hub through policies and infrastructure. A Vietnamese journalist took a close look at the medical innovations at Boao Lecheng, while Hong Kong Radio reporter Luo Weihao expressed hope for closer cooperation between Hainan and Hong Kong.

Reporters also took the pulse of Hainan’s vibrant consumer sector. Wang Junyue, a China Daily reporter, noted that the duty-free city has been successful in integrating tourism and consumption. The announcement of newly optimized island departure duty-free policies further demonstrated Hainan’s commitment to continuous innovation.

The Hainan Media Tour reported the Hainan FTP’s practices in policy innovation, industry development, and open cooperation to the international community from multiple perspectives, opening a new window allowing the world to gain a better understanding of Hainan.

openvela’s Inaugural Global Developer Conference Concludes Successfully, NuttX Founder Gregory Nutt Joins to Shape AIoT Ecosystem

SAN JOSÉ, Costa Rica , Oct. 25, 2025 /PRNewswire/ — openvela’s first Global Developer Conference has wrapped up successfully, marking a pivotal milestone in the open-source AIoT ecosystem.

Live shot of the meeting
Live shot of the meeting

openvela is an open-source AIoT operating system built by Xiaomi based on NuttX, under the Apache 2.0 license. As the largest contributor to the NuttX community, Xiaomi has been making continuous contributions to the NuttX community since 2017, accounting for over 50% of code submissions. It played a key role in promoting NuttX to become an Apache top-level project in 2022.

Gregory Nutt expressed enthusiastic endorsement for the partnership: “I’m delighted openvela has adopted NuttX. It’s a win-win that makes openvela a stronger platform while advancing NuttX’s development.” NuttX’s 15-year-old industrial-grade stable technology provides a solid foundation for openvela.

openvela, a tailored open-source operating system for the AIoT sector, deeply aligns with the diverse scenario requirements of IoT devices and AI hardware. Across multiple domains such as smart watches, fitness trackers, smart wearables, AI glasses, smart speakers, headphones, and smart home appliances, it has emerged as the preferred choice for developers and enterprises worldwide.

openvela is the open-source version of Xiaomi Vela, an internal operating system developed by Xiaomi. It features an excellent kernel and integrates comprehensive system services including cross-device interconnection, lightweight aesthetics, multimedia, security protection, edge-side AI, lightweight application framework, and diagnostic & testing tools. Designed specifically for IoT devices and AI hardware, this lightweight OS has been widely adopted and rigorously validated across 100 million-level terminal devices. Leveraging the open nature of its open-source ecosystem, it provides a highly efficient and accessible innovation platform for researchers and developers around the globe. By offering low-entry and high-yield R&D support, it helps development teams overcome efficiency bottlenecks in technology implementation, significantly shortening the entire process cycle from concept validation to mass production and delivery, and accelerating the commercialization of AIoT innovations.

Rooted in profound industry insights and technical expertise, openvela continues to lower the barrier to innovation in the AIoT space, fostering collaborative development across the entire industrial chain. It has become a core driving force behind the prosperity of the ecosystem and technological advancements in the field.

A Global Stage, Infinite Echoes: 2025 Chery International User Summit Co-Creates a Sustainable Future

WUHU, China, Oct. 25, 2025 /PRNewswire/ — As carbon neutrality becomes a global consensus and intelligent transformation reshapes industries, the automotive value chain is undergoing a profound shift—from hardware-driven competition to ecosystem co-creation. At this historic juncture, the 2025 Chery International User Summit built an open global platform, becoming a focal point for the entire industry.

With its core theme “Co-Create • Co-Define,” the summit served not only as a showcase of Chery’s global achievements but also as a declaration of future mobility. Positioned as a pioneer in smart and green mobility, Chery is reshaping industry boundaries through user co-creation and shared value—offering systematic, sustainable solutions that unite people, vehicles, and nature.

the 2025 Chery International User Summit built an open global platform
the 2025 Chery International User Summit built an open global platform

Shared Green Vision: Turning Commitment into Global Action

In response to global climate and resource challenges, Chery Group integrates ESG into its core strategy and decision-making, setting an example of responsible growth. Chery has evolved from product export to cultural and lifestyle co-creation, building a sustainable global community.

During the summit, the upgraded Chery Global ESG Advisory Alliance was officially launched under the witness of international dignitaries, marking a new phase of global ESG collaboration for Chery.

Led by Mr. Ban Ki-moon, the 8th Secretary-General of the United Nations and Chery Global ESG Honorary Advisor, the Alliance brings together leading figures from international sustainability organizations and industrial chain partners.

Their participation injects cutting-edge global insight and strong professional support into Chery’s ESG strategy—demonstrating the company’s determination to lead the industry in ESG standard-setting and to advance large-scale sustainable mobility worldwide.”

During the summit, Mr. Ban Ki-moon remarked:

“In today’s changing world, we need vital leadership from all sectors to help transcend the pressing challenges we are facing. Against this backdrop, I believe that Chery’s commercially successful ESG practices could offer a viable new path for the larger automotive industry to forge win-win victories for both business and societal value.”

Mr. Ban Ki-moon particularly emphasized:

“Chery’s concrete actions – such as establishing ‘Green Factories’, developing advanced new energy technologies, building a responsible supply chain, and supporting education – show how broad goals translate into tangible steps, demonstrating timely corporate citizenship. I firmly believe that this shared commitment, and dynamic convergence exemplifies the guiding spirt: ‘actions speak louder than words’.”

Led by Mr. Ban Ki-moon, the 8th Secretary-General of the United Nations and Chery Global ESG Honorary Advisor
Led by Mr. Ban Ki-moon, the 8th Secretary-General of the United Nations and Chery Global ESG Honorary Advisor

At the summit, Chery Group and UNICEF jointly announced a renewed three-year strategic partnership, with an additional USD 6 million commitment to create inclusive, healthy, and safe learning environments for children worldwide.

Meanwhile, Chery will further strengthen its partnership with the International Union for Conservation of Nature (IUCN) through the global “Cherish the Nature” initiative, advancing Nature-based Solutions (NbS) as a cornerstone of its sustainable growth strategy- demonstrating how environmental protection can drive lasting economic and social value.

As the first Chinese automaker (with its first vehicle model) to receive the Sino-Europe Automotive Carbon Footprint Mutual Recognition Certificate, Chery’s ESG system—built on three pillars: low-carbon transformation and nature-positive action, value chain co-creation, and integrity-driven growth—is turning sustainability from corporate vision into measurable, industry-wide practices.

Technology as the Foundation: Innovation with a Human Touch

A solid technological foundation has always been the core strength of Chery Group’s sustainable growth. Amid industry transformation, Chery remains committed to its “Technology-Oriented” strategy—pioneering a path of innovation that is both eco-friendly and value-driven, empowering the global automotive sector toward a sustainable future.

During the summit, more than ten breakthrough technologies were unveiled, including the next-generation hybrid engine, humanoid robots, intelligent digital chassis, amphibious mobility systems, autonomous driving large models, and flying mobility platforms. The AiMOGA Robotics made its independent debut, astonishing audiences by autonomously performing tasks such as pouring juice and assisting as an award presenter—demonstrating its full potential as a reliable, human-centered intelligent companion.

These technological breakthroughs stem not only from years of engineering expertise but also from the synergistic power of Chery’s global R&D network. This open and forward-looking global innovation system continues to fuel “Technology Chery,” while serving as a driving force for the global automotive industry’s green and intelligent transformation. 

Co-Creation and Shared Value: When Users Become Product Designers

If technology is the backbone of Chery’s progress, then user co-creation is its soul.

At the summit, more than 3,000 representatives from Chery’s 17.72 million global users took part as true “product managers,” deeply engaging in defining the brand’s meaning and future direction. Throughout the venue, users from diverse countries exchanged stories about their journeys with Chery. They tested vehicles on professional tracks, shared feedback in design workshops, witnessed automation at Chery’s Smart Factory in Changshu, and even co-created at the world’s first LEPAS Global Boutique Store—all while echoing the OMODA&JAECOO spirit: “My car, my definition!”

“We are not here to listen to stories—we are here to write them,” said a dealer from Brazil at the User Festival. From design customization to user rights, from smart cabin UX to service processes—user feedback is now systematically gathered, refined, and applied to Chery’s product development and brand evolution. No matter who they are or where they come from, every user shares the same goal—to build better vehicles. Co-creation has thus become the new starting point of Chery’s innovation journey.

Chery is transforming its sustainability commitments into measurable and tangible practices—together with global users, at a pivotal moment for the industry
Chery is transforming its sustainability commitments into measurable and tangible practices—together with global users, at a pivotal moment for the industry

From Explorer to Leader: The Time for Evolution Is Now

The 2025 Chery International User Summit was not only a celebration of technology and ecosystem innovation but also a profound practice of co-creation, co-definition, and co-prosperity with users.

As Mr. Yin Tongyue, Chairman of Chery Automobile Co., Ltd. (9973.HK), noted, under the guidance of the “In somewhere, For somewhere, Be somewhere” globalization strategy, Chery Group hope to develop low-carbon and zero-carbon technologies by collaborating with more global partners. It seeks to fulfill its responsibility as a global corporate citizen through practical actions, forming a new global paradigm of shared technology, co-created value, and mutually beneficial growth, ultimately to do good to human beings.

From an automaker to a creator of intelligent mobility ecosystems, Chery is transforming its sustainability commitments into measurable and tangible practices—together with global users, at a pivotal moment for the industry.

Jikayi Village, Garzê Prefecture, Sichuan Province, China: The “World’s Best Village for Tourism” on the Qinghai-Xizang Plateau

DANBA, China, Oct. 25, 2025 /PRNewswire/ — Jikayi Village, located in Danba County, Garzê Prefecture, Sichuan Province, China, was officially designated as a “Best Tourism Village” by United Nations Tourism on October 17, 2025. Through its embodiment of Eastern philosophical wisdom—particularly the principle of harmonious coexistence between humans and nature—alongside robust ecological conservation practices, sustainable development strategies, and the dynamic preservation of a millennium-old cultural heritage, the village has achieved international recognition, offering a compelling representation of the profound essence of Eastern aesthetics.

Jikayi Village, Danba County, Garzê Prefecture, now known as the
Jikayi Village, Danba County, Garzê Prefecture, now known as the “World’s Best Tourist Village” on the Qinghai-Xizang Plateau

Ecological empowerment, “Turning green into gold”

Jikayi Village is situated in the central part of the Moerduo Mountain Provincial Nature Reserve and lies adjacent to the World Natural Heritage Site “Habitat of the Giant Panda.” The village is renowned for its breathtaking natural landscapes, including spectacular sea-of-clouds phenomena and sunrise views, which serve as some of the main attractions drawing visitors from around the globe.

The local government regards ecological preservation as the cornerstone of sustainable development, and is committed to establishing Jikayi Village as an “international ecological and cultural tourism destination.” Leveraging its unique ecological advantages as a “natural oxygen bar,” the village has systematically developed educational tourism programs centering around a “Forest+” theme, attracting over 330,000 visitors from more than 20 countries from January to September 2025. During this period, comprehensive tourism revenue reached 364 million RMB. In 2024, the per capita disposable income of local residents amounted to 34,000 RMB, providing empirical support for the principle that “green mountains and clear waters are as valuable as mountains of gold and silver.”

Comprehensive business integration addresses the seasonal challenges

Under the guidance of Garzê Prefecture’s “all-domains and all-industries” development strategy, Jikayi Village has innovatively expanded its “culture and tourism plus diverse industries” network, effectively overcoming the seasonal constraints inherent to rural tourism. By establishing a year-round thematic activity framework—featuring spring flower viewing, summer cooling retreats, autumn beauty pageants, and winter sunbathing—the village has successfully extended its peak tourism period from the traditionally short spring and summer months to a full-year cycle.

The achievements are remarkable. The proportion of winter tourists has risen from less than 10% three years ago to 22% today. The occupancy rate of Bed & Breakfasts in winter has consistently stayed above 30%. Currently, over 90% of the 92 households in the village are engaged in tourism-related industries. Villagers have transformed into Bed & Breakfast owners, live-streaming influencers, and photographers right on their own doorsteps, steadily enjoying the dividends brought by the development of tourism.

Cultural heritage demonstrates the renewed appeal of “Oriental beauty”

Jikayi Village is one of the important cradles of the Jiarong Tibetan and Dongnü cultures (Dongnü culture centers on women and is characterized by the veneration of the feminine), and as such actively preserves the Tibetan tower-building craftsmanship and the Tibetan folk singing traditions of western Sichuan, among other national and provincial-level intangible cultural heritages.

Jikayi village itself is a living museum of Jiarong architecture. Through the “intangible cultural heritage + tourism and culture” model, local intangible cultural heritage projects such as black pottery making and Jiarong embroidery have been ingeniously integrated into Bed & Breakfast and tourist experiences. The innovative immersive project “A Day in the Life of the Dongnü Queen” combines role-playing games with Jiarong culture and historical legends, allowing tourists to personally experience the charm of China’s diverse cultures. Local specialty products such as pepper coffee, which carry the original ecological quality and cultural elements of the plateau, have successfully entered the domestic and even international markets.

OPPO Redefines Personalized Mobile AI Experiences with Google


MADRID, SPAIN – Media OutReach Newswire – 25 October 2025 – OPPO, a leading global smart device brand, today announced a deeper collaboration with Google to redefine personalized and secure mobile AI, focusing on personalized AI capabilities, AI model deployment, and AI privacy. Through this technical cooperation, OPPO aims to deliver more intuitive, secure, and comprehensive mobile AI experiences to users worldwide.

“Working closely with partners like Google allows us to integrate next-generation AI experiences that are not only powerful but also highly personalized and secure,” said Kai Tang, President of Software Engineering at OPPO. “Our goal is to provide users with an AI assistant that both truly understands their personal needs and is also worthy of being entrusted with their personal data.”

OPPO & Google Gemini

Take Action with Mind Space in Gemini

Central to this collaboration is our app Mind Space available on the upcoming Find X9 Series, designed to help users capture and organize information more intuitively.

With a simple three-finger swipe, content currently on screen—whether text, images, or web pages—can be saved directly into a unified hub. Mind Space automatically categorizes saved content, providing a single, organized location for users’ ideas and information.

To unlock its full potential, OPPO has partnered with Google to connect the app Mind Space with Gemini. This allows Gemini to now pull information and help users take action with content from Mind Space. And you stay in control at all times by choosing what Gemini can see and pull from within Mind Space. For example, a user planning a trip can save articles and notes to their Mind Space, then ask Gemini to create a detailed itinerary using the content that has been saved.

Google Gemini on OPPO Find X9 Series

In addition to Mind Space in Gemini, users can also chat with Gemini to connect to other OPPO applications, share what’s on their screen or camera for help, or edit photos with Gemini’s new image editing model Nano Banana.

With Gemini Live, users can ask about anything they see. They can share their phone’s camera or screen for assistance with storage ideas or step-by-step guidance for fixing their coffee machine. Rolling out now, Gemini can provide visual guidance by highlighting elements directly on your screen, creating a new way to learn and solve problems together.

When editing images, users can use Gemini to get access to Nano Banana -Gemini’s new image editing model. Nano Banana allows users to enhance their photos with creative edits using a simple prompt on generated or uploaded images.

A Foundation Built on Privacy and Trust

As AI becomes more integrated into daily life, OPPO and Google have engineered a solution with user privacy as a core principle. The collaboration utilizes the OPPO AI Private Computing Cloud (PCC), which leverages Google Cloud’s confidential computing services.

This architecture ensures that sensitive data for AI processing is handled in a secure and encrypted environment, making it inaccessible to any third party, including OPPO. Key features such as AI Mind Space, AI Search, AI Call Summary, AI VoiceScribe, AI Recorder, and AI Writer all operate within this secure framework, allowing users to leverage intelligent services with the confidence that their personal data remains private.

Launching on OPPO Find X9 Series

The full suite of these advanced AI features will debut on the upcoming OPPO Find X9 Series and ColorOS 16 on OPPO flagship devices. Purchasers of Find X9 or Find X9 Pro will receive a complimentary three-month subscription to Google AI Pro, which includes higher access to new and powerful features in Gemini and 2TB of cloud storage.

*Google, Gemini and Nano Banana are trademarks of Google LLC. Check responses. Setup required. Compatibility and availability vary. 18+. Mind Space in the Gemini app will be available via ColorOS 16 update.

Hashtag: #OPPO #Google #GoogleGemini

The issuer is solely responsible for the content of this announcement.

About OPPO

OPPO is a leading global smart device brand. Since the launch of its first mobile phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services. OPPO has footprints in more than 70 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.

Weichai partners with global collaborators to advance toward the high end of the value chain

QINGDAO, China, Oct. 25, 2025 /PRNewswire/ — This is a report from the Shandong Office of Hong Kong Business Daily. On October 18, Weichai Group’s 2025 Global Partner Conference was held in Qingdao. Over a thousand global partners and overseas company CEOs from nearly 100 countries gathered to discuss cooperation opportunities and jointly outline a blueprint for building a world-class high-end equipment industry chain with technological leadership and green development.

At the meeting, Ma Changhai, Deputy General Manager of Shandong Heavy Industry Group, Chairman and General Manager of Weichai Group, and Chairman of Weichai Power, stated in his speech that in the first three quarters of this year, Weichai Group achieved a year-on-year revenue growth of 6%. The international business sector made significant breakthroughs in overseas markets, with export revenue in the engine segment increasing by 30%. Facing global volatility and downward economic pressure, Weichai stood shoulder to shoulder with its global partners, fostering mutual trust and withstanding the adverse impact of the industry downturn, maintaining high-quality and stable development.

At the main exhibition hall of the conference, Weichai Power, one of the largest and most technologically advanced enterprises under Shandong Heavy Industry Group, showcased 29 of its brands. These brands displayed new products and technologies across six business segments: power systems, commercial vehicles, construction machinery, agricultural equipment, and marine transportation equipment. Notably, nearly 60 star power system products were exhibited, forming a comprehensive “Power Kingdom” that covers displacement ranges from 2 to 340 liters and power outputs from 18 to 10,000 kW, spanning all series and applications.

Over the past decade, Weichai has invested more than 30 billion yuan in R&D within the engine sector, maintaining a research intensity exceeding 6%. The company has established ten cutting-edge innovation platforms in North America, Europe, Japan, and other regions, creating a globally “unique” full-series “Golden Power” assembly system. It has mastered diverse energy technologies such as high thermal efficiency diesel engines, pure electric vehicles, hydrogen internal combustion engines, methanol engines, hydrogen fuel cells, and solid oxide fuel cells, advancing toward the high-value end of the industrial chain.

Weichai Group was founded in 1946 and is a core subsidiary of Shandong Heavy Industry Group Co., Ltd. It has developed into a leading multinational industrial equipment group with significant global influence in China, achieving an annual total operating revenue exceeding 300 billion yuan.