Dongfeng Group acquires the assets of Shenlong Company, whic...

Dongfeng Group acquires the assets of Shenlong Company, which benefits the optimization of the new energy business. It is expected that Shenlong will focus on the research and sales of electric vehicles. With the export market demand of heavy truck industry, Weichai Power's profits are growing. The company's resilient development depends on overseas market demand, increase in market share of Lovol brand, gains from the rise in exchange rates, and the expansion of new energy projects.