Shandong Heavy Industry Group held a mobilization meeting entitled “Striving for a Strong First Quarter and Focusing on a New Beginning,” thoroughly implementing the spirit of the Fourth Plenary Session of the 20th CPC Central Committee and the Central Economic Work Conference, fully implementing the arrangements of the Provincial Party Committee’s Economic Work Conference, summarizing the Group’s work achievements in 2025, systematically planning the work for the first quarter of 2026, unifying thinking, strengthening responsibilities, seizing opportunities, and striving for a strong start in the first quarter. Wang Zhijian, Secretary of the Party Committee and Chairman of the Group, presided over the meeting and delivered a speech.
Shandong Heavy Industry Group
In 2025, Shandong Heavy Industry Group effectively responded to the severe challenges of domestic and international market competition, delivering a high-quality development report card. The group’s annual revenue is expected to reach 600 billion yuan, a year-on-year increase of 9.1%, reaching a new level and placing it at the forefront of the industry. The leading advantages of its power systems and commercial vehicle businesses have been further expanded. The proportion of high-end, high-value-added products such as large-bore engines, large-scale construction machinery, and power shift tractors has continued to increase. Export revenue exceeded 100 billion yuan for the first time, and domestic new energy business revenue increased by more than 140% year-on-year.
Wang Zhijian pointed out that 2026 is the first year of the 15th Five-Year Plan, and the group has set more challenging goals. Early planning, early deployment, and early action are crucial to achieving a strong start in the first quarter. The group must strive for advancement, ensuring new breakthroughs in the domestic market, maintaining double-digit growth in sales volume and market share, and enhancing product competitiveness and brand influence. It must also maintain collaborative efforts to ensure new breakthroughs in overseas business, deepening the integrated layout of “R&D, production, supply, sales, service, finance, and brand,” accelerating the construction of overseas platform companies and local manufacturing projects, and consolidating long-term advantages. Furthermore, it must benchmark against best practices to ensure new breakthroughs in green transformation, achieving industry-leading competitiveness and penetration rate in new energy vehicles. Finally, it must focus on value-added services across the entire supply chain to ensure new breakthroughs in strategic businesses, accelerating digital transformation and aftermarket business model innovation, and creating industry-leading integrated smart solutions.
Shandong Heavy Industry Group
Wang Zhijian emphasized that the group must adopt a customer-oriented and precise benchmarking approach to build continuously leading technological competitiveness, industry-class quality competitiveness, optimal TCO cost competitiveness, and customer-satisfying service competitiveness. We must strengthen resource guarantees, directing all factors of production towards the front lines of production and the market, and achieving efficient delivery while ensuring product quality and safe production. We must strengthen workforce support, encouraging marketing and technical personnel to go to the forefront of domestic and international markets to enhance frontline operational capabilities. We must strengthen institutional guarantees, improving the care and service system for employees in overseas, remote, and hardship areas, vigorously fostering a culture of perseverance, pioneering spirit, and striving for excellence, and continuously enhancing the cohesion and combat effectiveness of all employees.
Some of the Group’s subsidiaries presented their work reports. Relevant leaders and cadres from the Group headquarters and its subsidiaries participated in the meeting both online and offline.
