China National Heavy Duty Truck intends to “bottom” its peers


"We must prepare for the industry restructuring." At today's press conference of China National Heavy Duty Trucks Corporation, when asked how to deal with the ongoing financial crisis, CNHTC Chairman Ma Chun-chi revealed that he wanted to "Diversity" peers.

Affected by the financial crisis and economic slowdown, this year, especially since the second half of the year, the domestic and foreign markets of heavy-duty trucks have experienced a sharp decline. In the coming year, we will respond to the ongoing financial crisis and the uncertain economic situation, and become the reporters at today’s press conference. The most problem. “Either psychologically or in other respects, we must be prepared to meet the opportunities for industry restructuring.” Ma Chunji said that SINOCHEM should grasp this rare opportunity under the premise of controlling risks. Another senior executive also bluntly said when answering questions. Heavy Gas will further integrate its industrial chain upwards and downwards next year. Linking to the financial crisis is making many companies struggling, and the sound of “bottom-bottoming” has constantly emerged. This undoubtedly reveals that CNHTC should take the opportunity to “take the battalion” peers.

In fact, just in November, SINOCHEM just signed a strategic reorganization and equity transfer agreement with Shanxi Datong Gear Group, which will produce an annual output of 120,000 sets of heavy-duty vehicles and 600,000 gears of automobile engines. Heavy truck transmission base. Earlier this year, SINOCHEM has successively "eaten" two peer companies. At the end of October, SINOPEC Hubei Warwick Special Automobile Project was officially signed. Hubei Huawei is the largest special-purpose vehicle manufacturer in Hubei, and CNHTC will build it into its own special-purpose vehicle production base. In the first half of this year, China National Heavy Duty Truck Co., Ltd. has already acquired 60% of the shares of Liuzhou Yunli and established China National Heavy Duty Truck Liuzhou Yunli Special Purpose Vehicle Co., Ltd. Liuzhou Yunli is the largest manufacturer of tank-type special vehicles in southwest China. It will become another special vehicle production base for CNHTC.

Ma Chunji also revealed today that China National Heavy Industry Motor recently set up a "National Cooperation and Development Leading Group." The purpose of establishing this group is to promote "industry restructuring" better. However, he did not disclose the specific restructuring plan in the future. According to the analysis, taking into account the current economic situation and market demand, it is estimated that even if the heavy-duty trucks have to “bottom the bargain,” it is estimated that they will not rush.

"Next year, the Group will strive to achieve the goal of producing and selling 125,000 heavy-duty vehicles throughout the year, of which 20,000 will be exported and 25,000 vehicles will be secured. The market share will increase by 3 to 5 percentage points." Chairman of China National Heavy Duty Truck Group Ma Chunji Today at the group's 2009 business conference.

In 2008, China National Heavy Duty Truck Corporation continued to steadily increase its production and operation under the condition of declining trend in the whole industry. It is estimated that the annual production and sales of heavy trucks will exceed 112,000, and the production of engines will be 128,000 units. The annual sales revenue will exceed 500. Billion yuan, a year-on-year increase of 30%. Ma Chunji said frankly that under the influence of the current international financial crisis, the market situation next year will not be optimistic. However, with the gradual implementation of a series of national policies, the heavy-duty truck industry will take the lead and the market is expected to rebound significantly in the second quarter of next year. It can be concluded that the market situation in the second half of next year will be better than the second half of this year.

Focusing on the goals for the next year, CNHTC will put emphasis on strengthening the establishment of a marketing system. Next year, we will strive to achieve a sales income of 2 billion yuan for accessories, and actively explore exchanges and cooperation with large-scale logistics companies at home and abroad. At the same time, global procurement of key assemblies will be conducted to guide foreign companies to invest in Jinan to build factories to support local production and effectively reduce costs. In addition, we will continue to strengthen exchanges and cooperation with international automotive R&D institutions and carry out state-level science and technology project construction activities to provide technical reserves for the sustainable development of enterprises.
View related topics: China National Heavy Duty Truck Breaks Monthly Sales Record for National Heavy Truck Industry


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