[Weichai Power and BYD sign Strategic Cooperation Agreement] Weichai Power and BYD signed a strategic cooperation agreement in Shenzhen on the morning of 12 May. Weichai Power Chairman and CEO Tan Xuguang and BYD Chairman and President Wang Chuanfu attended the event and saw the signature. The two sides plan to make use of their respective advantages to establish a more comprehensive and in-depth strategic cooperative relationship in the field of new energy, jointly produce power batteries and build a power battery R & D and manufacturing base in Shandong.