Yuchai will cooperate with Caterpillar in diesel engines, small excavators and other fields

Recently, Yu Ping, chairman of Yuchai Group, was invited to visit Caterpillar. After the high-level business meetings between the two sides, they achieved directional consistency: they cooperated in a comprehensive and in-depth cooperation in diesel engines and small excavators.

Founded in 1925, Caterpillar Inc. is one of the world's largest manufacturers of construction machinery and mining equipment, gas engine and industrial gas turbine manufacturers, and one of the largest diesel engine manufacturers in the world. At the invitation of Caterpillar, Fuping and his party had a business visit to the company on April 24. After the visit, the two sides conducted business dialogues on remanufacturing cooperation in diesel engines and their extension areas, global cooperation on small excavators, regional and factory logistics cooperation, and other cooperation. The discussions between the two sides are very extensive and in-depth, and they are also frank and pioneering. They involve the project's cooperation model, the complementary advantages of regional markets, the comprehensive advancement of new industries, and in-depth cooperation. In the discussion process, Caterpillar accepted Fuping's proposal with a rare decision-making speed, set up a special working group for cooperation in the field of remanufacturing, and digging cooperation, scheduled a promotion timetable, and stated that the relevant programmatic The cooperation document was drafted by Caterpillar and submitted to Yuchai within the time agreed by both parties. Junping said that enhancing understanding, gaining trust, and establishing a "win-win" tone are the biggest results of the high-level meeting between the two sides. It is reported that Yuchai will set up a special working group to conduct full docking with Caterpillar's special working group.

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