Competing with the industry Sinotruk Jinan Truck Co.Ltd(000951) outperformed the market in the first quarter

In China’s heavy truck market, March has always been a high expectation sales season. In March this year, the overall sales volume of China’s heavy truck market was 76000, an increase of 28.7% month on month compared with February. However, compared with 230000 in March last year, it decreased by 66.6%, which is less than one third of that of last year. Under the pattern of “three consecutive declines” from January to March, the cumulative sales volume of heavy trucks in China in the first quarter was 232000, a decrease of as many as 300000 compared with 531000 in the same period last year, with a year-on-year decrease of 56.3%, while Sinotruk Jinan Truck Co.Ltd(000951) won the “sales crown” and outperformed the market with the brilliant achievements of 55000.

the era of industry downturn and steady progress has come

In July 2021, after the full implementation of the national six emission regulations, the overall monthly sales volume of the heavy truck industry decreased. The total sales volume of 1.395 million vehicles in 2021 decreased by 13.8% compared with 1.619 million vehicles in 2020. Some people in the industry even made a pessimistic prediction that the annual sales volume of China’s heavy trucks in 2022 was less than 1 million. In the downward trend of the industry as a whole, if we want to rise against the trend, we should be both stable and fast. We might as well WATCH Sinotruk Jinan Truck Co.Ltd(000951) ‘s champion advanced journey.

In the second half of last year, Sinotruk Jinan Truck Co.Ltd(000951) after winning the monthly sales champion for five consecutive months, with the cumulative sales of 286400 vehicles in the whole year, it took the second place in the industry, with a market share of more than 20%, an increase of 2 percentage points year-on-year, and the growth rate was the first in the industry. In the first quarter of this year, Sinotruk Jinan Truck Co.Ltd(000951) withstood the adverse factors such as the global economic downturn, repeated epidemics, high oil prices, more cars and less goods, and achieved the top sales volume in the first quarter with 55000 heavy truck sales. The market share expanded by 6.9 percentage points to 23.7% compared with the same period last year, with the largest increase in share. You know, the strength of leading enterprises in the industry can not be underestimated. Under the fierce competition, even 1% increase in market share requires enterprises to make a huge breakthrough.

It is understood that in the first quarter Sinotruk Jinan Truck Co.Ltd(000951) put on the market shandeka c9H and HOWO Max Light luxury version, the listing of each new product has caused a lot of “noise” in the truck circle; At a time when customers pay more and more attention to the whole operation life cycle, Sinotruk Jinan Truck Co.Ltd(000951) ‘s “family service” also greatly caters to customers’ operation needs Sinotruk Jinan Truck Co.Ltd(000951) sales rose against the trend, just in response to the sentence “there is no certain good industry, but there are certain good enterprises.”

multiple positive release of market opportunities

Although the start of the heavy truck market in 2022 is not satisfactory, it is still a fact that it is better month on month. Taking Sinotruk Jinan Truck Co.Ltd(000951) as an example, the sales volume of 15300 vehicles in March was 27.5% higher than that of 12000 vehicles in February.

In January and February, new infrastructure projects were successively announced, and the good is expected to be gradually transmitted to the heavy truck market in the second half of the year; On April 10, the release of the opinions of the CPC Central Committee and the State Council on accelerating the construction of a national unified market will also be conducive to the product sales and launch of the automobile industry; The epidemic situation in various regions has been effectively controlled and continued to improve, which has promoted the process of returning to work and production in various regions. With the increase of transportation capacity demand, it will also inject vitality into the heavy truck market. The successive release of a number of positive at different levels will bring good opportunities for the rebound of the heavy truck market in the second half of the year.

With eight months left in 2022, there is still plenty of time for major heavy truck enterprises. After stepping out of the gloomy haze of the first quarter, what kind of pattern changes will the heavy truck market usher in? We’ll see you in the second quarter.

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