The first quarter ended with Sinotruk Jinan Truck Co.Ltd(000951) heavy truck sales winning against the trend

Recently, China’s heavy truck sales data in the first quarter of 2022 was released. Sinotruk Jinan Truck Co.Ltd(000951) with a brilliant achievement of 55000 vehicles, became the sales champion in the first quarter, with a market share of 23.7%, an increase of 6.9 percentage points over the same period last year, and the share among China’s mainstream commercial vehicle enterprises increased the most.

Due to objective factors, China’s heavy truck market failed to continue the glory of “golden March” in previous years this year. From January to March, the overall sales volume of China’s heavy truck market was 232000, a decrease of 56.4% over the same period last year. In the face of the downturn in the market, Sinotruk Jinan Truck Co.Ltd(000951) made a good start in sales in the first month after the new year, achieved “not light in the off-season” with brilliant results in February, maintained a steady momentum in March, and finally boarded the champion of heavy truck sales in the first quarter. With a good start, it has accumulated profound potential energy for the whole year.

Sinotruk Jinan Truck Co.Ltd(000951) always has insight into the market, is forward-looking in product research and development and market layout, and makes accurate attacks. While achieving a “good start” in the first quarter, it has also achieved a “stable opening”: on the day HOWO Max truck was launched, it recorded a sales volume of 137 vehicles; In the rush buying season of shandeka s-amt16 tractor, the daily sales volume of Linyi alone reached 568; “Baicheng Haowo Spring Festival Group worship meeting” was held to achieve sales performance of more than 4000 vehicles per month; “German quality and wisdom enjoy the future – Sinotruk Jinan Truck Co.Ltd(000951) Shande truck product tasting and customer appreciation meeting”, 289 units were sold on site; HOWO light luxury version marketing meeting, completed 292 orders

Batch after batch of brilliant sales “report cards” and wave after wave of customers’ product praise are derived from the “intelligent” manufacturing concept of SINOTRUK, which always adheres to quality, and also from the “intelligent” manufacturing proposition of SINOTRUK’s long-term adherence to R & D investment and product innovation. From the sales performance in the first quarter, in the changing market situation, Sinotruk Jinan Truck Co.Ltd(000951) has found the best balance between persistence and innovation, so as to achieve a significant increase in market share in the adverse trend and further consolidate its position as a leader in the industry.

The logistics and transportation industry has fully entered the new era of the national six year plan. Sinotruk Jinan Truck Co.Ltd(000951) ahead of schedule, a full range of commercial vehicle products of the national six year plan have been laid out to help card users start a new journey of wealth creation of the national six year plan. At the beginning of the new year, before the implementation of the new regulations of light truck blue card, we have achieved full compliance of light truck products and created a highly competitive tool for wealth creation in the new blue card era. At the new energy track, Sinotruk Jinan Truck Co.Ltd(000951) has comprehensively laid out three technical routes of pure electric, hybrid and hydrogen fuel cell, four categories of vehicle types of traction, cargo, engineering and special use, developed a full range of new energy commercial vehicle products and a full range of self-developed electric drive bridge technologies, and promoted the two-way integration of the profit goal of purchasing and transporting people and the national double carbon goal.

Junma knows that it has a long way to go. Sinotruk Jinan Truck Co.Ltd(000951) as an industry leader, Junma is well versed in the competition in the field of commercial vehicles in China Sinotruk Jinan Truck Co.Ltd(000951) always takes “customer satisfaction is our purpose” as the core value. Starting from the needs of customers, we not only create products to help customers create wealth, but also focus on the driving experience of customers in various transportation scenes, so as to develop high-quality products that can generate income and enjoy experience for customers. In 2022, Sinotruk Jinan Truck Co.Ltd(000951) , which successfully “leads” in the first quarter, will drive the development of heavy truck industry in a new future with the power of scientific and technological innovation.

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