On March 18th, Sunwoda founder Wang Mingwang and Chairman Wang Wei, visited Dongfeng Corporation headquarters for exchange and discussions. They were warmly received by Yang Qing, Chairman and Secretary of the Party Committee of Dongfeng Corporation. Both parties expressed their commitment to enhancing communication, deepening mutual trust, leveraging each other's resource advantages, and jointly promoting the high-quality development of their joint venture, Hubei Dongyu Xinsheng New Energy Co., Ltd.
During the meeting, representatives from Dongfeng Corporation, Sunwoda, and Dongyu Xinsheng respectively presented their recent development status. Discussions revolved around topics such as strategic cooperation, project advancement, resource stability, and strengthening Dongyu Xinsheng.
Yang Qing emphasized the high quality and rapid construction progress of Dongyu Xinsheng. This year marks the first complete year after production, and the focus is on transitioning quickly from the construction phase to high-quality development. Shareholders are expected to leverage their respective strengths to empower the development of Dongyu Xinsheng. Both joint venture partners need to enhance communication, ensure transparency in related data, and strengthen mutual trust. The management team of Dongyu Xinsheng is urged to demonstrate the determination to excel and become the best factory for both shareholders. They should benchmark the quality, cost, and delivery time of the most advanced domestic battery production companies, strive for excellence, and aim to be the best. Additionally, they should strengthen party organization construction, create a clean and ethical operating environment, and ensure the healthy and orderly development of the enterprise.
Wang Mingwang highlighted that Sunwoda is a leading enterprise in the global lithium-ion battery industry, dedicated to innovative development and consistently focusing on product excellence and service quality to meet customer needs comprehensively. In recent years, Sunwoda's power battery business has been expanding, with an increasing number of customers both domestically and internationally. Sunwoda looks forward to deepening cooperation with Dongfeng Corporation, strengthening and optimizing their joint venture, ensuring the implementation of various plans, and positioning the joint venture as the most competitive power battery production enterprise, achieving steady and sustainable development.
