Recently, Wang Zhizhong, Chairman of Lingong Group, Yu Mengsheng, Chairman of LGMG, and Li Liangang, Vice President of LGMG, and other executives have made in-depth investigations to the front line of the European market and visited LGMG Europe, accompanied by Kevin Liu, General Manager of LGMG European Regions, and Robin Wang, General Manager of LGMG Europe.

During the visit, the delegation led by Chairman Wang, listened in detail to the work report of LGMG Europe in the areas of business management, finance, legal affairs, human resources and tariff, and fully understood the dynamics of the European market and the operation of LGMG Europe. Chairman Wang stressed the need to focus on the promotion of differentiated products, accelerate the integration of resources of LGMG Mexico, and improve the global supply chain synergy mechanism and service system construction. It is worth mentioning that this is the first time for Chairman Wang to visit LGMG Europe. During the visit to the product display area, storage and logistics centre and training base, he highly appreciated the professional ability and localized operation results shown by LGMG Europe team, and encouraged the team to continue to innovate, actively expand the market, and effectively respond to market fluctuations and challenges!

During the investigation, Mr Yu Mengsheng, Chairman of LGMG, listened to the report of LGMG Europe's operation performance in the first quarter and the work plan in the second quarter, and carried out in-depth exchanges with the local team on the key topics, including product optimisation and upgrading, and the synergy mechanism with headquarter. After inspecting the parts management area, Chairman Yu fully affirmed the operation improvement and team cohesion, and proposed to continue to consolidate the management foundation and build LGMG Europe into a benchmark model for the Group's overseas development.

LGMG Europe is the first overseas subsidiary established by LGMG, and it has become a very mature internationalised overseas subsidiary after years of operation, steady and gradual development. In the future, LGMG Europe will continue to improve the channel construction of key customers and dealers to promote its own business growth, and achieve a win-win situation for both the company and its customers. The trip to Europe by the senior management not only pointed out the direction for the business development in Europe, but also greatly boosted the confidence of the team, injecting new momentum for deepening the Group's globalization strategy.