Leading the industry strongly, China National Heavy Duty Truck handed over the report card of high-quality development in 2024

Poster News reporter Yan Xiaohui reports from Jinan

The total revenue is expected to be 194 billion yuan, a year-on-year increase of 10%; The total profit and tax is expected to be 12 billion yuan, a year-on-year increase of more than 15%; Vehicle sales are expected to be 370,000 units, up 10% year-on-year...... On December 8, at the China National Heavy Duty Truck 2025 Partner Conference held in Jinan, Shandong, Wang Zhijian, Secretary of the Party Committee and Chairman of China National Heavy Duty Truck Group, announced the brilliant report card of China National Heavy Duty Truck in 2024 in the keynote speech.

On the same day, the 2025 China National Heavy Duty Truck Partner Conference with the theme of "We Are One - One Family, One Heart, Work Together, and Surely Succeed" opened at the Shandong International Convention and Exhibition Center. One-stop release of Sinotruk's high-precision technology and subdivision scene products.

Accelerate the layout of overseas industrial chains, and export exports in the international high-end market have grown rapidly

In 2024, SINOTRUK will accelerate the layout of overseas industrial chains, fully enter the global high-end market, and compete head-on with first-tier international brand rivals, which will greatly improve Sinotruk's competitiveness in the international market. Under the new competitive ecology, this year, China National Heavy Duty Truck is expected to export 135,000 heavy trucks, and the export revenue is expected to be 45.1 billion yuan. Among them, the high-end market is growing rapidly: Saudi Arabia's exports increased by 74%, and Australia's exports increased by 98%. Under the accelerated layout of the overseas industrial chain, SINOTRUK currently has 29 overseas KD factories, 4 registered subsidiaries, 226 dealers, 246 service outlets and 217 parts networks. In September, seven models of China National Heavy Duty Truck were unveiled at the Hannover International Commercial Vehicle Expo, including the Yellow River hydrogen internal combustion engine traction train, Shandeka hydrogen fuel cell tractor, Bosheng pickup, Howo commander pure electric light truck and other products, which were highly praised. The overseas market is the only way for China National Heavy Duty Truck brand to take the road of internationalization. After years of overseas layout, SINOTRUK's exports have spread all over the world, including Africa, Southeast Asia, South America, the Middle East, Central Asia and other developing countries and regions, as well as some mature markets such as BRICS countries and Australia and New Zealand. It is worth mentioning that thanks to the "Belt and Road" initiative, SINOTRUK's heavy truck products are exported to the "Belt and Road" countries, helping the construction of major projects and becoming a trusted partner of customers. SINOTRUK's marketing network, supply chain partners and customer groups are spreading all over the world.

The market segment continues to break through, and it has made a strong breakthrough in green and low-carbon development

In 2024, Sinotruk will continue to focus on market segmentation. In the case that the domestic traditional energy heavy truck industry is expected to decline by 12% year-on-year, heavy trucks and light trucks are the first in the growth rate of the top five groups, and the sales volume, market share and export of heavy trucks in the same industry in China are the first; The annual sales of new energy heavy trucks are expected to be 8,600, a year-on-year increase of 280%, and the sales of new energy light trucks are expected to be 3,300, a year-on-year increase of 15%. At the same time, Sinotruk has developed 10 firsts in medium and long-distance compound transportation, gas trunk transportation, dangerous goods transportation, container transportation, AMT heavy trucks, new energy coal transportation, express transportation, urban construction muck transportation, high-end special vehicles, warehouse light trucks and other market segments.

6 new product launches, technology empowers the full range of commercial vehicle layout

Focus on scientific and technological innovation and accelerate breakthroughs in key core technologies. The reporter of Volkswagen learned from the conference site that in 2024, China National Heavy Duty Truck will invest 3.1 billion yuan in R&D, leading the industry in R&D. Among them, the new generation of medium and heavy trucks has 307 patented technologies, modular configuration multi-energy sharing platform, drag coefficient 0.43 flat-head cab, highly integrated modular chassis...... A number of core technical indicators are internationally leading. New technologies lead to new products. At the conference site, six SINOTRUK new products and standards were intensively launched to show the participants a new full range of product matrix. At the launch of SINOTRUK's new energy full-scene series of new products, five new energy products - SITRAK 423kWh pure electric dump truck, HOWO TX 612kWh pure electric dump truck, HOWO TX 600kWh central drive charging tractor, HOWO TX 500kWh electric axle charging tractor, and HOWO Commander PRO series electric axle light truck made a shocking debut. At the new product launch conference of Sinotruk Pioneer V wide-body large and light bus, six models, including freight version, multi-functional version, business travel version, line version, special vehicle basic version and business version, set up a new height of high-end light bus. China National Heavy Duty Truck New Generation Heavy Truck Platform Press Conference launched a new generation of high-end heavy trucks specially built for the field of long-distance trunk lines - a new generation of fuel tractors. The press conference of SINOTRUK's new HOWO TX7-N shows that HOWO TX7-N adheres to the integrated optimization and weight reduction measures of high quality, high safety and high carrying capacity, which can be called the king of cost performance in the field of coal/combined transportation. The launch of the 2025 light truck of SINOTRUK HOWO showed that the vehicle has reached the leading level in terms of fuel economy, power output and reliability. The press conference of SINOTRUK used car certification standards not only reflects SINOTRUK's emphasis on the construction of vehicle life cycle service ecology, but also is a strong proof of its commitment to continuously creating higher value for partners. In the face of the upcoming 2025, "we will work with our partners to anchor the goal, deepen the market, seize the development opportunities of the industry, and jointly move towards the world-class." Wang Zhijian proposed that China National Heavy Duty Truck should lock in the target of 450,000 vehicle sales, a year-on-year increase of more than 20%, and become an indisputable leader in China's commercial vehicle industry. Customer first, win-win future. On the same day, SINOTRUK officially launched five actions for mutual benefit and win-win in 2025: work together to build a full range of products that make customers the most profitable, work together to build the most trusted sales channel network for customers, work together to build the most intimate and efficient service support system, work together to establish a rapid linkage mechanism that reaches the market, and work together to provide maximum product life cycle value. "One family, one heart, work together, will succeed", SINOTRUK will continue to stand firmly by the side of every partner.