On December 5th, a new heavy truck, the HOWO-A7, entered the final inspection of China National Heavy Duty Truck Group Co., Ltd. The new car was officially unveiled at the 2009 Sinotruk Business Conference in mid-July.
The HOWO-A7 is China's latest generation of heavy-duty truck products that was carefully built by China National Heavy Duty Truck Group after three years of trials in various complex environments. It not only placed a heavy load on China's heavy-duty trucks to break the market, but also impacted. The hopes and dreams of the top level of the world's heavy-duty trucks are also the front-runners in the sluggish market environment of China National Heavy Duty Truck.
Thirty Years of Reform and Opening-up - The Fed's interest rate cuts 75 points to 0.25% Zhuang Xinyi implied that the trial time of margin financing and securities lending delays CCB's exposure to gold's deposits. When they slumped, Siemens' three Chinese affiliates paid bribes and Bush was attacked. Attackers Rib Fractures Reform and Opening 30 Years 30 Years [Stock Case] ​​Wang Xiaoshi Yi An Technology Yin Guangxia In the second half of this year, under the impact of the international financial crisis, China's heavy truck industry is facing severe challenges, and China Heavy Duty Truck has fully developed its capabilities. With technological advantages, product advantages, and financial advantages, the company actively carried out strategic layouts and achieved sound development.
According to Ma Chunji, chairman of China National Heavy Duty Truck Group, as of the end of October, China National Heavy Duty Truck Co., Ltd. has produced and sold more than 100,000 heavy-duty vehicles, produced and sold 115,000 heavy-duty engines, and achieved sales revenue of 45.9 billion yuan, an increase of 47.1% year-on-year; foreign exchange revenue was US$420 million. , an increase of 26.4% year-on-year, completed two months ahead of schedule as the main operating indicators for the year, and stayed at the leading level in the industry.
As the leader of China's heavy-duty auto industry, China National Heavy Duty Truck Group's technological superiority is its market advantage. It regards independent innovation as the original driving force for enterprise development and has always pursued an innovative strategy.
In the upgrade of emission standards, most Chinese enterprises have adopted high-pressure common-rail engines. The core technology of high-pressure common-rail engines is in the hands of a few foreign companies. In the face of this engine shortage, the price of high-pressure common-rail core components has remained high, priced at more than 20,000 yuan. However, at this time, Sinotruck launched an EGR engine with completely independent intellectual property rights. Compared with high-pressure common-rail engines, EGR engines have reduced their price by about 14,000 yuan per unit, and parts have more than 70% versatility. Maintenance costs are far lower than high-pressure common-rail engines, and 5 liters per 100 kilometers.
With the introduction of EGR, CNHTC's production and sales rapidly picked up. In October, high pressure common rail products had to be cut prices urgently. The EGR engine broke the blockade of engine emission technology by foreign companies and opened up a new road for China's heavy truck industry. According to industry experts, EGR engines not only bring huge economic benefits to consumers, but also compete for two to three years for domestic related parts and components companies.
However, as the heavy trucks gradually pick up, the advent of the international financial crisis has caused the monthly sales of vehicles in the heavy truck market to be less than half of the average in the first half of the year, and some companies are even less than a quarter of the hot months. As a result, China National Heavy Duty Truck launched its well-established high-end heavy-duty HOWO-A7 series, striving to turn crisis into opportunity, and further expand market advantage.
The HOWO-A7 series heavy trucks are based on the concept of maximizing user value, adopting the latest international technology, driving comfort, active and passive safety, reliability, and electronic level to meet the highest international standards. The newly designed China National Heavy Duty Truck D12 series engine is currently the most representative heavy-duty engine in China. Its large displacement and high power make the D12 provide sufficient power from a low speed, and at the same time, it has a wide range of maximum torque values ​​in the speed range. It determines the perfect fuel economy and drivability of the D12 engine to achieve the best fuel economy. The smart shift manual transmission, disc brakes, and 430 pull-type diaphragm spring clutches were adopted for the first time in China.
On November 17, 2008, Sinotruk signed a strategic cooperation agreement with Datong City to establish a strategy for several key projects such as engines, superchargers, complete vehicles, modified vehicles, special vehicles, construction machinery, automobile logistics and commercial banks. Partnerships to achieve the advantages of complementary, mutually beneficial and win-win goals. On November 18th, Sinotruk Group and Shanxi Datong Gear Group signed a strategic reorganization and equity transfer agreement. This specialized transmission manufacturer with more than 50 years of history has been included in China National Heavy Duty Trucks. This move can not only effectively solve the supply and demand bottleneck problem of China National Heavy Duty Truck's transmission and realize gearbox self-sufficiency, but also reorganizes Shanxi Datong Gear Group to extend the Chinese heavy-duty gas industrial chain to the upstream and promote both endogenous growth and gradual development. Several major assemblies are exported to effectively improve the company's ability to resist risks.
Before that, China National Heavy Duty Truck has successively controlled China National Heavy Truck Liuzhou Yunli Special Purpose Vehicle Co., Ltd. and China National Heavy Duty Truck Warwick Special Purpose Vehicle Co., Ltd. (Suizhou City, Hubei Province) to become China’s heavyweight through capital, technology and brand investment. Steam builds an important part of the steel network and integrates local resources to strengthen regional strategies.
At the same time, Sinotruk is also actively seeking strategic cooperation with upstream and downstream companies, working together with upstream and downstream companies to fight against the international financial crisis. Recently, Sinopec and Jigang Group, Shanshui Group, Yankuang Group and Xinjiang Non-ferrous Metallurgy Group and other upstream and downstream companies and related large-scale enterprises have initially reached a strategic cooperation agreement and formed a strategic partnership. All parties will give full play to their respective strengths, support each other with preferential policies and financial support, and work together to cope with the operational pressure brought about by the international financial crisis and tide over the difficulties.
"To overcome the crisis, we must first strengthen our confidence." Ma Chun-chi said.
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