Weichai creates another miracle in the world

News, 2023-6-28

On June 27, at 9:00 AM (3:00 PM Beijing time) in Milan, Italy, Weichai Group's Italian Ferretti Group was officially listed on Euronext Milan. Italy's Milan Euronext and China's Shandong Weifang Weichai Group headquarters held a ceremony by video link. Tan Xuguang, Chairman of Weichai Group and Chairman of Ferretti Group, Glass, CEO of Ferretti Group, Danila Santanci, Minister of Tourism of Italy, and Claudia Pazani, Chairman of Euronext Milano, delivered speeches respectively.


Grass, CEO of Ferretti Group, said: We are most grateful to Chairman Tan Xuguang, if there were no Weichai, Ferretti would not be here today. In 2012, all investors turned their noses up at Ferretti, whose business model was very different then. Mr. Tan Xuguang, from Shandong, China, saw an opportunity that the Italian investors did not see and immediately seized it. We are able to achieve this achievement today because of Chairman Tan Xuguang's visionary strategy.

Italian Minister of Tourism Danila Santanci delivered a speech: Today is an important day for Italy, it is a proud day for Italians, today is an important event for Ferretti Group, I would like to thank Chairman Tan. Ferretti Group is an ambassador of Italy around the world, with classic and historic brands that tell the story of Italian history, which is why I am here, because I want to reflect the ability and intelligence of the Italian people.

Claudia Pazzani, Chairman of Euronext Milano, said: "I am very excited to see Ferretti return to its home town after a year of listing in Hong Kong, and the return to Italy makes Ferretti's made-in-Italy identity and the brand's historical heritage even more evident. Ferretti has many brands that are symbols of luxury, high-end lifestyle, Made in Italy and other things that make Italians proud.


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