Sinotruk and Weichai Holding signed agreement involving sales and procurement of parts
On December 16, 2019, Sinotruk, the company (itself and on behalf of its subsidiaries) and Weichai Holding signed a master agreement, according the the agreement ,SINOTRUK Group will sell sinotruk spare parts to Weichai Group and purchase some spare parts from Weichai Group.
For the 2020 Parts Sales Agreement, It will start from the sign date to December 31,2020.
Weichai Holdings is a limited company established in China. According to public information, the main businesses of Weichai Group (including Weichai Power and its subsidiaries) are manufacturing and sales of engines, heavy trucks, transmissions, heavy duty truck parts and assemblies, and Hydraulic controls Parts