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Strategic Cooperation Agreement Signed between FOTON LOVOL International Heavy Industry Co., Ltd. and International Trading Company under Shandong Hi-Speed Group Co., Ltd.

Ren Jingrong, Deputy General Manager of FOTON LOVOL International Heavy Industry Co., Ltd. signed a strategic cooperation agreement with Sun Lei, Deputy General Manager of International Trading Company under Shandong Hi-Speed Group Co., Ltd. in Linyi City of Shandong Province on August 13. Both Parties agreed to complement mutual advantages, make the best of “One Belt and One Road” in China, and jointly expand international markets. Sun Chuanshang, Deputy Secretary General of Shandong Province also participated into the signing ceremony together with Shi Guangliang, Deputy Director of Department of Commerce of Shandong Province, as well as Bian Feng, Deputy Mayor of Linyi City.

Shandong Hi-Speed Group Co., Ltd. is a modern, international, highly efficient and comprehensive enterprise group integrated with roads, highways, bridges, railways, rail transits, ports and logistics. Its total assets reach RMB 350 billion. International Trading Company under Shandong Hi-Speed Group Co., Ltd. is a wholly-owned subsidiary of Shandong Hi-Speed Group Co., Ltd. Its infrastructure projects of overseas investment and construction have been extended across 106 countries and regions enjoying high reputation in the world.

The cooperation is a powerful combination between FOTON LOVOL International Heavy Industry Co., Ltd. and International Trading Company under Shandong Hi-Speed Group Co., Ltd. With complementary advantages, the cooperation will boost overseas market promotion.