On February 29, Wang Shuhai, deputy general manager of Foton Motor Group, visited Hunan Construction Investment Group (HCIG) for negotiations with the delegation. Xiong Yongji, deputy general manager of HCIG, warmly greeted them.

Xiong Yongji welcomed the visit of Wang Shuhai and his delegation, and introduced the basic situation of the group and related international business. He mentioned that as a top brand of commercial vehicles in China, Foton has strong strength and outstanding brand advantages, which are worth learning from.

As a new brand and an old enterprise, the newly established HCIG is a responsible and trustworthy state-owned enterprise with strong comprehensive strength, a good team and wide business scope covering the entire industry chain in the construction field. Both sides are expected to take concrete measures based on good communication in the early stage to work together for win-win development.

Wang Shuhai introduced the development history, business architecture, and R&D layout of Foton, and expressed gratitude to HCIG for its long-term trust and support. He said that Foton, established in 1996, is the largest commercial vehicle manufacturing enterprise in China with the most complete range of products. It is committed to becoming a market-leading international enterprise with green technology. Its development direction and strategic measures are highly in line with those of HCIG. Both sides have unique advantages in domestic and international markets. It’s anticipated that the two sides will further enhance understanding and strengthen cooperation in KD factory construction, barter trade, and other fields, so as to achieve resource sharing and mutual benefit.