On November 30, 2016, general manager of NORINCO International Cooperation Ltd. (NORINCO International) Mr. Wang Yuetao met with vice president of Beiqi Foton Motor Co., Ltd. Mr. Chang Rui. The two sides conducted frank and in-depth talks. Chairman of the board of Beijing North Vehicle Group Corporation Mr. Wang Jinhua was present.
Mr. Wang Yuetao first introduced development history, business sector and performance of China North Industries Corporation (NORINCO), with an emphasis on operation and advantage of NORINCO International and Beijing North Vehicle Group Corporation. Thereafter, Mr. Wang Yuetao made comments on combined point and cooperation direction between the two parties and raised some proposals for specific projects.
Having a detailed introduction to company profile, core competence and major products of Beiqi Foton Motor Co., Ltd., Mr. Chang Rui showed his willingness to further strengthen cooperation with NORINCO International to achieve powerful alliance and better implement the national strategy of "going global". Also, he made some discussion on the topic of strategic mode of cooperation.
Mr. Wang Jinhua emphasized Beijing North Vehicle Group Corporation’s achievements on international production capacity cooperation and had discussion on cooperation with Beiqi Foton Motor Co., Ltd. in the future.