Two Major Central State-Owned Enterprises Join Forces: Sinomach and Beidahuang Group Sign Strategic Cooperation Agreement

en.Wedoany.com Reported - Zhang Xiaolun, Secretary of the Party Committee and Chairman of Sinomach, held talks with Wang Zhaocheng, Secretary of the Party Committee and Chairman of Beidahuang Group, and Chen Youfang, Deputy Secretary of the Party Committee, Vice Chairman, and General Manager of Beidahuang Group, and witnessed the signing. Li Xiaoyu, Member of the Standing Committee of the Party Committee and Vice President of Sinomach, and Miao Liqiang, Member of the Party Committee and Vice President of Beidahuang Group, signed the agreement on behalf of both parties. Yu Bingkun, Member of the Party Committee and Vice President of Beidahuang Group, attended the event.

During the talks, Zhang Xiaolun introduced Sinomach's business development and its "15th Five-Year Plan" development strategy. He stated that Sinomach and Beidahuang Group have strong industrial complementarity and high strategic alignment. The two sides have maintained long-term close collaboration and mutual support in areas such as the R&D, manufacturing, and promotion of high-end agricultural machinery, fostering deep cooperative ties and a solid foundation for industrial synergy. Embarking on the new journey of the "15th Five-Year Plan," he expressed hope that both parties would take this signing as an opportunity to continuously deepen comprehensive, multi-level strategic cooperation, fully leverage Sinomach's advantages in the modern agricultural machinery industry chain and Beidahuang Group's strengths in large-scale agricultural scenarios, and further deepen cooperation in the R&D and promotion of high-end intelligent agricultural machinery and smart agriculture applications, contributing greater strength to advancing agricultural modernization and consolidating the foundation of national food security.

Wang Zhaocheng introduced Beidahuang Group's recent achievements in deepening reform, industrial layout, and modern agricultural development. He stated that Sinomach, as the "national team" in China's agricultural machinery sector and the chain leader of the modern agricultural machinery industry chain, while Beidahuang Group possesses vast agricultural machinery application scenarios, a complete agricultural industry chain, and rich industrial resource advantages, the two sides share a deep foundation for cooperation and broad prospects. He expressed hope that both parties would further elevate the level of cooperation, promote the strategic partnership with more pragmatic measures, focus on smart agriculture and digital agriculture development, delve into key areas such as the industrialization and scenario-based application of high-end intelligent agricultural machinery, and jointly demonstrate greater responsibility and contribute greater strength in serving national food security and building China into an agricultural powerhouse.