Tan Xuguang, the 2008 National Enterprise Management Innovation Conference, delivered an acceptance speech

Good morning, esteemed Honorary President Yuan Baohua, Honorary President Wang Zhongkai, Distinguished President Zhang Yanning, distinguished leaders, guests, and friends. It is a great honor to stand before you today as a representative of 30,000 Weichai employees. I am truly thrilled to be here on this stage, receiving recognition from our leaders and being awarded by Mr. Yuan Baohua. This moment is not only a personal achievement but also a reflection of the hard work and dedication of every colleague at Weichai. From this platform, I would like to share three key thoughts that have guided us throughout our journey: First, we must continue to pursue management innovation with Chinese characteristics. Over the past 60 years, especially in the last decade, Weichai has always remained committed to developing its own path of innovation. While learning from the best practices of global enterprises, we have integrated these ideas with our unique corporate culture, constantly evolving and innovating in a way that suits our needs. Second, we must maintain a balanced approach between product management and capital management. As a state-owned enterprise with over six decades of history, we have come to realize that true leadership requires not just strong products, but also smart capital strategies. Understanding how to manage capital effectively based on product performance is essential for sustainable growth. Third, we must never stop innovating in our management practices. Management is not a fixed system; it must adapt to the changing internal and external environments. Innovation is the driving force behind our progress, and only through continuous improvement can we stay ahead in an ever-evolving market. Finally, I would like to express my sincere gratitude to all the leaders, colleagues, and supporters who have contributed to Weichai’s success. Your trust and encouragement mean the world to us. Thank you very much. Tan Xuguang Chairman and CEO, Weichai Power Co., Ltd.

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