On the afternoon of January 25, Shandong Heavy Industry Group signed a strategic cooperation framework agreement and a purchase agreement for 120 Zhongtong new energy buses with Jardine Cycle & Carriage Ltd. Zong Changqing, Minister-Counsellor from the Chinese Embassy in Singapore, Fu Siren, Executive Director of Jardine Cycle & Carriage Ltd. in Southeast Asia, and Tan Xuguang attended the event and delivered speeches.
Zong Changqing expressed hope for further deepening cooperation between Jardine Cycle & Carriage Ltd. and Shandong Heavy Industry Group, contributing to the development of bilateral economic and trade relations between China and Singapore and creating a model of win-win cooperation between Chinese and Singaporean enterprises.
Tan Xuguang stated that with a foundation in Singapore and influence across Southeast Asia for over 30 years, Shandong Heavy Industry Group has become the Chinese industrial equipment enterprise with the widest product deployment, highest market share, and best brand reputation in the Southeast Asian market. In the future, Shandong Heavy Industry Group will root itself in Singapore and work together with Jardine Cycle & Carriage Ltd. to contribute to green transportation in Singapore.
Fu Siren mentioned that this cooperation marks a significant milestone for Jardine Cycle & Carriage Ltd.s passenger transport business. In the future, we hope to maintain a long-term strategic partnership with Shandong Heavy Industry Group, advancing together, deepening friendship, and sharing success in the Singaporean and Southeast Asian markets.
Shandong Heavy Industry Group and its subsidiary Zhongtong Bus signed strategic cooperation and new energy bus procurement agreements with Jardine Cycle & Carriage Ltd.
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