Shandong Heavy Industry Group signed a strategic cooperation agreement with MNC Group from Indonesia during a ceremony held in Singapore on July 27.

Tan Xuguang, chairman of Shandong Heavy Industry Group, held talks with Hary Tanoesoedibjo, CEO of MNC Group, before signing the contract.

MNC Group will leverage the resource advantages in Indonesia to provide support to Shandong Heavy Industry Group in terms of financial leasing, brand promotion, and market promotion, and continue to expand cooperation in new areas to help Shandong Heavy Industry expand its leading market position, said Tanoesoedibjo.

By cooperating with MNC Group, a leading company in finance, media, and energy in Indonesia, Shandong Heavy Industry Group will improve its competitiveness in products, finance, and branding to further promote its products to the Indonesian market, said Tan.

Shandong Heavy Industry Group signs a strategic cooperation agreement with MNC Group from Indonesia in Singapore on July 27. [Photo/WeChat account: cnhtc-sinotruk]