· Changan Automobile and Ford signed a strategic partnership

On August 29th, China Changan Automobile Group and Ford Motor Company signed a memorandum of deepening strategic partnership in Beijing, marking the new stage of cooperation between the two parties. Tang Dengjie, director, general manager and deputy secretary of China Southern Industry Group, Alan Mulally, president and CEO of Ford Motor Company, deputy general manager of the China Southern Industry Group, deputy secretary of the party group, and Xu Liuping, chairman of China Changan Automobile Group Li Shouwu, deputy general manager of China Southern Industries Group, Bob Shanks, executive vice president and chief financial officer of Ford Motor Company, and Han Ruizhen, vice president of Ford Motor Company and president of Ford Motor Asia Pacific and Africa, attended the signing ceremony. Zou Wenchao, President of China Changan Automobile Group, and Xiao Dawei, Chairman and CEO of Ford Motor (China) Co., Ltd., signed the agreement on behalf of both parties.

Before the signing ceremony, Tang Dengjie met with Alan Mulally and his party. Tang Dengjie conveyed the cordial greetings from Chairman and Party Secretary Xu Bin to Allen Mulally. Tang Dengjie summed up the achievements since the cooperation between the two parties: As one of the most important partners, China Southern Industries Group Corporation attaches great importance to deepening cooperation with Ford Motor Company. Especially since last year, the pace of cooperation between the two sides has been accelerating, and a series of gratifying achievements have been made. The second plant of Changan Ford has been successfully put into operation. The third plant was successfully laid on August 27, and the fourth plant in Hangzhou will be laid. Expanding and extending to the heavy-duty truck sector, the cooperation level is even broader, thanks to the sincere cooperation between the two parties to ensure the steady advancement of the “3158 Strategy”. In the future, we will further deepen our cooperation with Ford to achieve mutual benefit and win-win results.

Alan Mulally thanked Tang Dengjie for his hospitality. He said that as a key partner of Ford Motor Company in the world, Ford Motor attaches great importance to cooperation with China Southern Industries Group Co., Ltd. The cooperation between the two parties has been very pleasant in the past 11 years and has achieved a series of remarkable achievements. Three years ago, the two sides jointly identified the "3158 Strategy", which further accelerated the development of Changan Ford. With the joint efforts of the two teams, the Changan Ford Mazda Separation Project has passed the examination and approval of the National Development and Reform Commission, laying a solid foundation for the future comprehensive and deep cooperation between the two parties. Ford will further deepen its strategic cooperation with China Southern Industries Group Co., and strive to win even greater. Success.

Mr. Hu Rongjian, inspector and deputy director of China Southern Industrial Group Corporation, Lian Gang, vice president of China Changan Automobile Group, and Liu Qing, vice president and general counsel of Ford Motor Asia Pacific and Africa, attended the signing ceremony and attended the meeting.

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