Sinotruk, the first domestic company to export over 10,000 heavy-duty trucks in a single month

On the afternoon of October 31st, the event "Sinotruk Wins with the World - The First Domestic Heavy Truck Exporter to Exceed 10,000 Units in a Single Month" was held in the Golden Hall of Shandong Hotel. Liu Qiang, member of the Standing Committee of the Shandong Provincial Committee of the Communist Party of China and Secretary of the Jinan Municipal Committee of the Communist Party of China, Yu Haitian, Deputy Secretary of the Jinan Municipal Committee of the Communist Party of China and Mayor of Jinan, Tan Xuguang, Party Secretary and Chairman of Shandong Heavy Industry Group and Party Secretary and Chairman of Sinotruk Group, and leaders from relevant departments of Shandong Province and Jinan City attended the event. More than 310 distributors and customer representatives from over 100 countries around the world participated online.

Sinotruk, the first domestic company to export over 10,000 heavy-duty trucks in a single month

The event site of "Sinotruk Wins with the World - The First Domestic Heavy Truck Exporter to Exceed 10,000 Units in a Single Month"

At 4:00 p.m., with the command "Let's go" given by Liu Qiang at the main venue, 55 Sinotruk heavy-duty trucks, decorated with red ribbons and banners, led by the Sinotruk Sinotruk C7H, successively drove out of the Jinan Comprehensive Bonded Zone and successfully cleared customs. This marked that Sinotruk's heavy-duty truck exports in a single month successfully exceeded 10,000 units, setting a new record for the highest monthly export volume of domestic heavy-duty truck enterprises This is of milestone significance in the export history of China's heavy truck industry.

Sinotruk, the first domestic company to export over 10,000 heavy-duty trucks in a single month

Liu Qiang, member of the Standing Committee of the Shandong Provincial Committee of the Communist Party of China and Secretary of the Jinan Municipal Committee, announced that the newly rolled heavy-duty trucks would "set off" for the customer's location

Tan Xuguang said that the rapid growth of foreign trade exports has played a significant role in stabilizing the economy. This is a concrete action taken by us to implement the spirit of the 20th National Congress of the Communist Party of China and to stabilize the economic situation. Today, Sinotruk has become the top overseas brand of Chinese commercial vehicles, a pioneer in entering the mid-to-high-end overseas market for Chinese commercial vehicles, and an industry benchmark in implementing the "Belt and Road Initiative" and integrating into the new development pattern of "dual circulation". We will firmly strive towards world-class standards, create a brilliant global business card for Chinese commercial vehicles, and share opportunities, seek common development and win the future together with our partners.

Sinotruk, the first domestic company to export over 10,000 heavy-duty trucks in a single month

Yu Haitian, the secretary of the Jinan Municipal Committee of the Communist Party of China and the mayor of Jinan, delivered a speech

Since its reorganization and reform in 2018, Sinotruk has entered a fast lane of high-quality development. Since the beginning of this year, in the face of the impact of the epidemic and other factors, the domestic heavy truck industry has experienced a sharp decline. According to data from the China Association of Automobile Manufacturers, the sales volume of domestic heavy trucks in the first three quarters decreased by 58% year-on-year. Despite the downward pressure on the industry, Sinotruk's market share in heavy trucks increased by 4.35 percentage points compared with the same period last year, rising to the top of the domestic industry. This fully demonstrates the strong resilience brought about by the reorganization and reform.

Sinotruk, the first domestic company to export over 10,000 heavy-duty trucks in a single month

Tan Xuguang, the Party Secretary and Chairman of Shandong Heavy Industry Group and the Party Secretary and Chairman of Sinotruk Group, delivered a speech

Among them, foreign trade exports have made outstanding contributions to Sinotruk's rise to the top of the industry. From January to October this year, Sinotruk exported 76,000 heavy-duty trucks, a year-on-year increase of 54%, accounting for more than half of China's industry exports. Especially in the expansion of overseas high-end markets, new breakthroughs have been continuously achieved. High-end heavy-duty truck products such as SITRAk and HOWO T series have received unanimous praise from overseas customers. The export sales volume of high-end heavy-duty trucks in the first three quarters increased by 258% year-on-year. The annual export volume of Sinotruk's heavy trucks has risen from 30,000 units in 2020 to 50,000 units in 2021, and it is expected to exceed 100,000 units this year.

Sinotruk, the first domestic company to export over 10,000 heavy-duty trucks in a single month

The 10,000th new Sinotruk Sitrak C7H rolled off the production line

Ricardo Melesio, the sales director of Aite Company in Mexico, said in a live interview that Sinotruk's heavy-duty trucks are very popular in Mexico. The vehicles are of good quality, high cost performance and prompt after-sales service. Especially Sinotruk's high-end heavy-duty truck models, the number of vehicles in Mexico is increasing at present. Sinotruk, made in China, is really great!

The breakthrough of Sinotruk in the international market can be traced back to a series of innovative and reform measures taken by Shandong Heavy Industry and Sinotruk over the past four years since their reorganization. The reform of the three systems, the separation of main and auxiliary businesses, the marketing system reform, independent and forward-looking research and development, and the layout of a full range of commercial vehicles have accelerated the competitiveness of Sinotruk products towards the first-class level, endowing them with stronger anti-cyclical capabilities than those in the same industry.

Sinotruk, the first domestic company to export over 10,000 heavy-duty trucks in a single month

The event site of "Sinotruk Wins with the World - The First Domestic Heavy Truck Exporter to Exceed 10,000 Units in a Single Month"

The significant growth of Sinotruk's overseas exports is closely related to Shandong Heavy Industry Group's overall planning and coordinated advancement of its overseas export business. In the first three quarters of this year, Shandong Heavy Industry Group's export revenue reached 38.5 billion yuan, an increase of 66% year-on-year. The export of products from its subsidiaries such as Sinotruk, Shaanxi Automobile Group, Weichai Group, Shantui Group and Zhongtong Bus has all achieved historic breakthroughs. Among them, the total export of heavy-duty trucks reached 90,500 units, representing a year-on-year growth of 60%. Engine exports reached 38,500 units, representing a year-on-year increase of 54%. A total of 2,023 bulldozers were exported, representing a year-on-year increase of 40%. 1,823 excavators were exported, representing a year-on-year growth of 50%. A total of 2,671 buses were exported, representing a year-on-year increase of 69%.