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In recent years, China National Heavy Duty Truck Co., Ltd. has been able to say that through capital, technology, brand investment, etc., it has successively controlled Liuzhou Yunli Special Purpose Vehicle Co., Ltd. and Hubei Warwick Special Purpose Vehicle Co., Ltd.; in 2010, it successfully launched a year together with Chengdu Wangpai Auto Company. The commercial vehicle base with a production scale of 400,000 vehicles is planning to build a commercial vehicle kingdom.
China National Heavy Duty Truck Group is the major domestic heavy-duty truck manufacturer and the cradle of China's heavy-duty auto industry. It has developed and manufactured China's first heavy-duty truck, the Yellow River JN150, and successfully introduced the Steyr Heavy-duty Truck Vehicle Technology Project. The HOWO series heavy truck was developed and Sinotruk is known at home and abroad. Since reform and reorganization in 2001, China National Heavy Duty Truck has fully implemented the four strategies of “internationalization, technology leadership, product regionalization, high quality and low costâ€, based on the domestic pursuit of rapid development, and building the “Sinotruk SINOTRUK†brand for the international market. Through independent innovation, the company's core competitiveness has been continuously improved and it has successfully entered a new stage of leaping development. It has been hailed as “the world’s fastest growing, most competitive and growing company in the heavy truck industryâ€. At present, China National Heavy Duty Truck has an annual production capacity of 250,000 complete vehicles, 250,000 engines, and 230,000 transmissions, which firmly holds the major share of the domestic heavy truck market.
China National Heavy Duty Truck invested 12 billion yuan to carry out technological transformation of the company, which has brought its manufacturing process and production scale closer to the international heavy truck advanced companies. At present, it has developed nine series of complete vehicle products such as HOWO with independent intellectual property rights, with more than 2,700 models and more than 1,060 national authorized patents. It has become the most patented enterprise in the national automotive industry. Assiduously on the road of technology, Sinotruk can follow the general trend of energy conservation and emission reduction, and will focus on adapting to future development, energy-saving and environmentally friendly new energy vehicles and lightweight vehicles, and gradually realize the adjustment and upgrading of product structure.
Sinotruk cooperated with German commercial vehicle giant MAN to produce heavy-duty engines and heavy-duty trucks, and later carried out a series of large-scale mergers and acquisitions in China. The involved automobile companies include Sino-foreign joint ventures and local agricultural vehicle companies; product line coverage Heavy, medium, light, and micro full range of commercial vehicles, as well as other special vehicles and modified vehicles, have formed a large enterprise group integrating trucks, passenger cars and engines, mechanical engineering production, and procurement and marketing. China National Heavy Duty Trucks plans to rank among the world's top three commercial vehicle manufacturers in five to 10 years, and its ambition is evident.
As of the end of October 2010, the production and sales of heavy-duty trucks of China Heavy Duty Truck exceeded 160,000 vehicles, an increase of more than 60% year-on-year, exceeding the full-year target two months ahead of schedule, and continued to maintain the status of the best operating quality in the domestic heavy truck industry. In 2010, China National Heavy Duty Truck is expected to complete production and sales of 190,000 vehicles and realize sales revenue of 80 billion yuan.