· WABCO and Jiangling signed a long-term supply agreement

On August 19th, WABCO announced that it has reached a number of long-term supply agreements with the same new Chinese customer, Jiangling Heavy Duty Truck Co., Ltd. Jiangling Heavy Duty Truck is a prestigious truck manufacturer in China and is currently entering the heavy truck market.
Under the agreement, WABCO will supply the Jiangling Heavy Duty Truck with wheel end solutions including pneumatic disc brakes, automotive brake systems, other brake components and clutch booster technology. WABCO will support two new independent product platforms, Jiangling Heavy Duty, which will be used in medium and heavy trucks of different brands of Jiangling Heavy Duty Truck. Mass production of vehicles is expected to start within three years, and products are expected to be exported to Southeast Asia while supplying the Chinese market. With wheel-end solutions tailored to meet local market demands and with cost-effective performance, WABCO further highlights the ability to provide JMC's products and services with unique differentiation advantages.
Together with several other technologies to improve vehicle safety and efficiency, WABCO will provide the industry-leading MAXX Pneumatic Disc Brake System (ADB) for JMC. WABCO MAXX? Pneumatic Disc Brake is the single-cylinder pneumatic disc brake system for commercial vehicles with the lightest weight and best performance in the commercial vehicle industry. With its excellent engineering design and compact size, it is suitable for all sizes of wheels ranging from 17.5 inches to 22.5 inches in diameter. It fully supports all kinds of vehicles such as trucks, buses and trailers, and can match all kinds of light, medium and heavy. Various application environments. As a result, the WABCO MAXX Pneumatic Disc Brake System is hailed as a breakthrough product in the industry and can be used in almost all commercial vehicle wheels of all sizes.
In addition to world-class Chinese engineering teams and manufacturing facilities, WABCO will also leverage the company's global engineering team, supply chain and manufacturing resources in Europe, Turkey and Brazil to provide full service to JMC. Jiangling Heavy Vehicle Co., Ltd. is located in Taiyuan City, Shanxi Province and is a wholly-owned subsidiary of Jiangling Motors Co., Ltd.
“Weiboko is very proud to be the new preferred supplier of Jiangling Heavy Duty Truck. We fully foresee the various safety and efficiency requirements of Jiangling Heavy Duty Truck on different vehicle platforms to help customers better serve the Chinese market and potential The Southeast Asian economy," said Ms. Yu Sujie, Vice President of WABCO Group and President of Asia Pacific. “By providing the industry's best cost-effective solutions and meeting industry-leading quality, reliability and service standards, WABCO has successfully demonstrated its differentiated competitive advantage and helped JMC to upgrade its full range of products. Competitiveness in the market, especially at the critical moment when customers try to break into the new business of heavy-duty vehicles."
“Winning this new business further demonstrates how WABCO can effectively leverage our technological leadership, global design and manufacturing capabilities, and superior execution in the face of differentiated and diverse market demands. Customers create and deliver differentiated value,” Yu Sujie said.

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