[Sinotruk, Win Together with the World] Sinotruk achieved a breakthrough in overseas sales again with a record monthly heavy truck export of over 10,000 units, reaching new heights. On October 31, 2022, at 16:00, please lock onto the Transporter Network live stream.

On the evening of October 30, Sinotruk (000951) released its third-quarter report, with operating revenue of 7.124 billion yuan and net profit attributable to shareholders of listed companies of 36.4971 million yuan. Amid the difficult situation of a significant industry downturn, it brings a glimmer of hope to the commercial vehicle industry.

According to data from the China Association of Automobile Manufacturers, from January to September 2022, domestic heavy truck enterprises sold a total of 523,000 heavy trucks, a year-on-year decrease of 57.6%, with monthly sales experiencing "17 consecutive declines." Against this backdrop, Sinotruk withstood the downward pressure. In the first three quarters of 2022, Sinotruk sold 126,000 heavy trucks, with a market share of 24%, up 4.4 percentage points from the same period last year. Especially in September, Sinotruk's heavy truck market share reached an astonishing 26.1%, firmly holding the position of "dual first" in sales and market share among domestic heavy truck enterprises amid the industry headwinds.

Sinotruk, Win Together with the World: The first domestic enterprise to exceed 10,000 units in monthly heavy truck exports officially begins!

Tan Xuguang, Secretary of the Party Committee and Chairman of Shandong Heavy Industry Group, and Secretary of the Party Committee and Chairman of Sinotruk Group, delivered a speech: In the difficult situation of a significant industry downturn, Sinotruk brings hope to the commercial vehicle industry. Foreign trade exports have played a very important part in Sinotruk's journey to becoming the first. In recent years, Sinotruk's R&D investment has consistently maintained an average annual growth rate of over 30%, recruiting nearly 2,000 university graduates each year, establishing a highly market-oriented incentive mechanism, and fostering a healthy ecosystem for entrepreneurship... These preparations for the future have given Sinotruk stronger anti-cyclical capabilities compared to peers during the industry downturn, becoming Sinotruk's strongest confidence.

Liu Wei, Vice President of Sinotruk Group, witnesses the 10,000th heavy truck exported in a single month driving out of customs!

Sinotruk, Win Together with the World: The event for the first domestic enterprise to exceed 10,000 units in monthly heavy truck exports concludes successfully!