Company News

Feb 27, 2024

Indonesian Ministry of Small and Medium Enterprises Development Delegation Conducts In-depth Investigation at Hengwang Group

On February 27, 2024, Hanon, the Deputy Minister of Small and Medium Enterprises Development of Indonesia, led a delegation to visit Shandong Hengwang Group with the aim of strengthening cooperation between small and medium-sized enterprises (SMEs) of the two countries and exploring new opportunities. The department is responsible for supporting and developing Indonesian SMEs and cooperatives through training, technical support, and other measures to enhance their market competitiveness, while also formulating policies to promote sustainable development.

Wonderful Visit, In-depth Exchange

During their visit, Liu Xiaowei, the General Manager of Shandong Hengwang Group, and Liu Fangtao, the Minister of Foreign Trade and Business, warmly hosted the delegation. Hanon and his team visited the Hengwang Group's product showroom, as well as the excavator and bulldozer production workshops, with a particular focus on the manufacturing processes of crawler excavators and bulldozers. The Indonesian delegation highly recognized the manufacturing capabilities and technological innovation of Hengwang Group through on-site observations of their advanced production lines and technical levels.

Building Dialogue, Jointly Seeking Development

After the visit, both parties held a discussion meeting in the conference room of Hengwang Group. Deputy Minister Hanon and members of his delegation engaged in in-depth discussions with the management of Hengwang Group on topics such as SME development strategies, market expansion, technical exchanges, and future cooperation opportunities. During the meeting, both sides reached a broad consensus on strengthening cooperation and jointly promoting the development of SME cooperation between China and Indonesia.

Deputy Minister Hanon expressed his appreciation for Hengwang Group's technological innovation and market development capabilities, and looked forward to deeper cooperation between the two sides in the future in areas such as technical exchange, product sales, and market development. Liu Xiaowei, General Manager of Hengwang Group, stated that the visit of the Indonesian delegation not only deepened mutual understanding and friendship but also laid a solid foundation for future cooperation between the two sides.

Looking Forward to the Future

Looking to the future, as globalization deepens, business cooperation between China and Indonesia becomes increasingly important. The visit of Deputy Minister Hanon of the Indonesian Ministry of SME Development not only marks a new chapter in the cooperation between Shandong Hengwang Group and Indonesian SMEs but also provides new opportunities for future cooperation between enterprises of the two countries. Hengwang Group will continue to uphold the spirit of open cooperation, committed to establishing cooperation with enterprises from more countries, and jointly promoting the prosperity and development of global SMEs.

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