Strategy and resources to achieve effective coordination with the US PSI company applauded for Tan Xuguang

“By cooperation with Weichai , PSI has gained a lot. The most important thing is to introduce high-power products. Moreover, we can also use Weichai's world-class supply chain and engineering equipment.” When PSI cooperated with Weichai, the first development When the high-power natural gas engine passed the US EPA certification, PSI CEO John Miller said excitedly.

In March 2017, Weichai Power invested in the US listed company PSI and officially entered the North American power system market. Later, Tan Xuguang led the team to the US PSI company to communicate with the company's management and employees. In the face of the question of 600 employees of PSI, he said three words: First, Weichai is to help PSI, we will carry out all-round cooperation with PSI, especially high-power non-mobile engines, fully realize gas engines. The second step is that as long as everyone works together, PSI will surely get out of the predicament and realize profitability. I will make up the salary of the employee in arrears. Third, Weichai promises not to let an employee be laid off. We will give PSI It is not just investment, but more importantly, the greater development of PSI, and the leap-forward growth in sales of gas engines and diesel engines within five years.

The staff installed the weichai engine
Tan Xuguang attended the PSI staff meeting

Three sentences won the warm applause of all the staff of PSI, bringing confidence and passion to all employees. Weichai's strategic acquisition of PSI has injected vitality and vitality into the development of PSI. In the subsequent development, the two teams worked closely together to achieve effective synergy in terms of strategy and resources, and PSI's various businesses achieved rapid growth. Weichai also successfully entered the North American market with the help of PSI, achieving a synergistic development of 1+1>2.

Reading volume: Source: Chinese network of truck: Le Feng

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