On June 18th, 2009, Shandong Heavy Industry Group, a company that integrates the three major groups of Shandong equipment manufacturing industry, Weichai Holding Group, Shandong Construction Machinery Group and Shandong Automotive Industry Group, was unveiled in Jinan. Tan Xuguang, chairman of Weichai Holding Group, became chairman of Shandong Heavy Industry Group.

Tan Xuguang, the chief helmsman of Weichai Power, made Weichai one year out of the crisis in 1998 and became a strong brand enterprise in the same industry in China for three years. In 2008, Weichai achieved sales revenue of nearly 50 billion yuan. Under his leadership, Weichai achieved one after another miracle, and the separation of China National Heavy Duty Truck and the merger of the Hunan Torch led him to attract media attention again and again. With the establishment of Shandong Heavy Industry, the spotlight once again hit the legendary entrepreneur. How he will shoulder the heavy responsibility of Shandong to build a 100 billion auto parts group has become the focus of attention.

Establishing the inevitable choice to adapt to the development trend

Not everyone is very optimistic about the establishment of Shandong Heavy Industry. Some people think that this reorganization method does not conform to the market laws and belongs to the “Lang-Lang distribution”. However, according to Tan Xuguang, the establishment of Shandong Heavy Industry is just right. "Overseeing the history of industrial development in the past 100 years, especially the development history of the industrial revolution in the United States in the past 100 years, every financial crisis has created an opportunity for the rapid development of competitive enterprises, whether it is Volvo or Carreraft. In the crisis, all important strategic resources are concentrated in leading enterprises. As a rare enterprise, it is necessary to seize the rare opportunity to implement strategic reorganization. This is of great significance to the competitiveness of the next step.

In Shandong, although sales revenue of all mechanical industries in Shandong exceeded the trillion mark in 2008 and reached 1,090 billion yuan, it ranks second in the industry in the country. However, the contrast with the national competitive enterprises is notable. In the “Eleventh Five-Year Development Plan for Shandong Machinery Industry” issued by the Shandong Provincial Government in 2008, it was pointed out that “the majority of leading enterprises have not yet reached the economic scale and can support and There are fewer large enterprises that promote the optimization and upgrading of the industrial structure, especially large-scale enterprise groups with prominent main business, strong core competitiveness, and strong promotion. Therefore, in line with the development trend of the world equipment manufacturing industry, Shandong Heavy Industry came into being.

Layout synergy is the key

After the establishment of the new group, how will it coordinate the common development of the group-owned enterprises? In the face of reporters' questions, Tan Xuguang said that synergy is the key. He said that Weichai Holding Group had previously used engine production as the main industry, and after absorbing the merger of the Hunan Torch, it had a complete heavy-duty automobile industry chain. Weichai Power, as the leading engine brand, has a strategic position to integrate power technology to build a general-purpose power company. For the community to provide the best quality power products. In the future, Weichai Holding Group will further strengthen the independent supporting position of the power system and build the world's largest power system manufacturing base.

"Shaanxi is a competitive enterprise in the domestic high-power bulldozer industry. It will develop bulldozers in accordance with the requirements of the shareholders of listed companies and the strategic positioning of the board of directors. The new group will actively support the development of Shantui so that it will continue to maintain the first place in the domestic bulldozer industry. It will enter the ranks of companies that will produce 10,000 units of production capacity in the world. The development of Shantui’s shares will also expand Weifang’s power supply range and create a synergy effect.”

“The SAIC Group has a number of passenger car parts companies, which are mainly concentrated in Qingdao, Weihai and Yantai. The Hunan Torch Automotive Group Co., Ltd. was originally an auto parts company. After three years of integration, the Weichai Holding Group also With the passenger car business segment, the products include air conditioners, spark plugs, car transmissions, etc..” After the establishment of the new group, SAIC Group will be the main body of the auto parts resources distributed in the Group's various enterprises to fully integrate, with the help of the Chinese car The general policy for the development of the industry has rapidly formed a passenger car parts resource platform with reasonable product layout, high system integration and low logistics costs within the group. In order to create a China's largest passenger car parts group.

Vision Accelerates Entry into Fortune 500

The establishment of Shandong Heavy Industry Group has realized the idea of ​​building a large-scale auto parts industry group in Shandong Province. It will shoulder the heavy responsibility of building a 100 billion auto parts group in Shandong. According to analysts, this strategic restructuring involving more than 60 billion yuan of assets will affect the pattern of equipment manufacturing in China and even the world. In Tan Xuguang's view, the reorganization means that it is one step closer to the grand goal of reaching 100 billion yuan in sales revenue and entering the world's top 500 companies.

“In 2007, Weichai Group had planned to use 3-5 years to make sales revenue reach 100 billion yuan. Now, the establishment of Shandong Heavy Industry Group has accelerated this plan,” Tan Xuguang said in an interview. “The Weichai Holding Group had revenue of RMB 50 billion last year, Shangong Group about RMB 7 billion, SAIC Group’s RMB 2 billion, and the Big Three Group’s accumulated revenue of about RMB 60 billion. At the same time, the three groups faced the financial crisis at the same time last year. Background: From a development perspective, the products of these three companies will have 100 billion yuan in sales revenue in the future."

It is reported that Shandong Heavy Industry is currently formulating a strategic plan with sales revenue of 100 billion yuan and entering the world top 500.

News background: On June 16th, Shandong Heavy Industry was incorporated in the Shandong Provincial Administration for Industry and Commerce with a registered capital of 30 million yuan, becoming the largest group of listed companies in Shandong Province. It includes Weichai Power, Weichai Heavy Machinery and Shantui Group. Listed companies. On the morning of June 18th, Tan Xuguang became party secretary and chairman of Shandong Heavy Industry Group Co., Ltd.

Shandong Heavy Industry is established through the transfer of all state-owned property rights of Weichai Holding Group, ShanGong Group and Shandong Automotive Group, and Shandong Dezhou Construction Machinery Co., Ltd., which is a subsidiary of Shandong Automobile Industry Group Corporation. The Shandong State-owned Assets Supervision and Administration Commission fulfills the investor's responsibility. After the establishment of Shandong Heavy Industry, it will cancel the Shangong Group, and all its claims and liabilities will be borne by Shandong Heavy Industry Group; Shanhua Group will be renamed Shandong Auto Parts Group Co., Ltd.