AVIC INTL and Shandong Heavy Industry Sign Strategic Cooperation Agreement

On June 24, a strategic cooperation agreement between the AVIC INTL and Shandong Heavy Industry was signed in a “cloud signing” ceremony through video conference, which implied that both parties would jointly build a comprehensive strategic partnership to realize complementarity in technology, talent, management, market, and resource, etc. They will seek for an all-round strategy cooperation in engineering construction and equipment procurement, international business, high-end equipment R&D and supporting, industrial park building, and other fields to boost mutual benefit and mutual development.

The singing of the agreement will bring the two parties’ partnership to a new level on the basis of the previous cooperation. It will gather the resource advantages and expand the depth and extent of the cooperation. In addition to cooperation in the entire industry chain in the international market, cooperation opportunities will be further searched in the domestic market. The two parties will not only cooperate in the import and export procurement of hardware such as complete machines and spare parts, but also deepen the integration and output of the soft power resources such as vocation education, technology R&D, training, and talent services.

In the future, both parties will uphold the concept of win-win cooperation, continuously innovate and optimize the business cooperation modes and make great efforts to develop global market, jointly stepping on a new journey full of opportunities and challenges.