Ten Years of Production and Sales Increase 30 Times: The Rise of China National Heavy Duty Truck

In a short span of ten years, from a single series of 78 models to a series of more than 2,700 models, the annual sales volume has increased 30-fold to 125,000 vehicles, and has become one of the top three in the world heavy-duty truck industry; from zero patent technology to accumulative countries More than 600 patents have been authorized, becoming the most patented enterprise in the national automotive industry; from exporting to the financial crisis, export orders have exceeded 5,000 for five months, and products have been sold to 94 countries...

Since reform and reorganization in 2000, CNHTC has insisted on independent innovation of “magic weapon”, relied on accelerating product research and development to enhance its core competitiveness, vigorously implemented its internationalization strategy, “breakthrough” the fiercely competitive international market, and seized new energy vehicles and remanufactured engines. The new frontier of the country has emerged as a way to change the way, adjust the structure, and achieve scientific development.

Independent Innovation Transforms China's Heavy Duty Trucks from Small to Large

According to statistics from China National Heavy Truck Production Express, as of the end of May, China Heavy Duty Trucks' sales and heavy-duty trucks both exceeded 95,000 vehicles, setting a record high. It is estimated that in the first half of this year, China's heavy-duty truck production and sales are expected to exceed 110,000 units, which is equivalent to 88% of the annual production and sales volume.

As the earliest enterprise producing heavy-duty vehicles in China, China Heavy-duty Truck Group Co., Ltd. is known as the "cradle" of domestic heavy-duty vehicles. However, before the reform and reorganization in 2000, there were only one series and 78 models of CNHTC's products, and the patented technology was zero.

Faced with the predicament of enterprises and fierce competition within the industry, CNHTC has always focused its efforts on enhancing the ability of independent innovation and accelerating the transformation of its economic development mode since the first year after restructuring, and continued to increase. Investment in technology research and development to improve the company's core competitiveness.

“Independent innovation has enabled China Heavy Duty Truck to achieve a transformation from small to large, not only solving the problem of the survival of the company, but also making the company a new level and achieving leapfrog development for ten consecutive years.” Chairman of CNHTC Group Ma Chunji said.

New energy heavy trucks and engine remanufacturing "fly together"

While developing traditional heavy-duty vehicles, China's heavy-duty trucks will have their sights on the field of new energy vehicles and remanufactured engines that are suitable for future development, energy conservation and environmental protection, and will achieve structural adjustment during the transition process.

China National Heavy Duty Truck Group's Jining Commercial Vehicle Company has successfully developed CNG (compressed natural gas) and LNG (liquefied natural gas) natural gas vehicles. Eight Haoyun series of CNG new energy vehicles have been approved by the Ministry of Industry and Information Technology to enter the market.

In order to create a “low-carbon economy”, Sinotruk vigorously developed a circular economy while launching new energy vehicles. Jinan Fuqiang Power Co., Ltd. is a wholly-owned subsidiary of China National Heavy Duty Truck Group. It is also the first domestic company that is engaged in the remanufacturing of auto parts, a member of the North American Engine Remanufacturing Association, the National Development and Reform Commission, and other departments. Auto parts remanufactured pilot units.

After years of development, Fuqiang Power Company has now formed more than 20 varieties based on re-manufactured Steyr engines; it has developed into a professional engine remanufacturing enterprise that ranks first in the country, advanced in the world, and has the highest utilization rate of resources in the world.

Internationalization Strategy "Breakthrough" Fierce Market Competition

In 2010, the international trade environment is still facing the impact of the fragile recovery of the world economy, the withdrawal of stimulus policies from some countries, the continued rise in prices of primary products, and international trade protectionism. However, with the internationalization strategy implemented in recent years, China Steam's development in the international market has continued to show good momentum.

In April of this year, the first batch of 500 HOWO-A7 tractors from China National Heavy Duty Truck was shipped to Venezuela in Qingdao. This is the year after China National Heavy Duty Truck has harvested many large orders in markets such as Africa, Central Asia, Southeast Asia and South Africa. Another big single, international emerging markets are constantly being tapped.

In recent years, China National Heavy Duty Truck Co., Ltd. has vigorously implemented its internationalization strategy and actively explored the international market. Particularly in the face of the international financial turmoil, it has diversified its export markets and promoted sustained growth in foreign trade.

Ma Chunji introduced that in 2009, China National Heavy Duty Truck achieved sales revenue of more than 55 billion yuan, an increase of approximately 10% year-on-year; an industrial added value of 6.1 billion yuan, an increase of approximately 41.9% year-on-year, and all economic indicators hit a record high. In 2010, China National Heavy Duty Truck Group will ensure the production and sales of 140,000 complete vehicles, and strive to reach 150,000 vehicles, laying a solid foundation for achieving the target of over RMB 100 billion in sales revenue at the end of the “Twelfth Five-Year Plan” period.

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