Sinotruk Group And Henan Fengbao Group Successfully Signed A Strategic Cooperation Agreement.
On November 18, the strategic cooperation signing ceremony between Sinotruk Group Co., Ltd. (hereinafter referred to as Sinotruk Group) and Henan Fengbao Group was successfully held at Henan Fengbao Heavy Industry Technology Co., Ltd. (hereinafter referred to as Fengbao Heavy Industry), located in the Hongqi Canal Economic and Technological Development Zone. This marks a new phase in the collaborative development between the two major groups.
As the cradle of China's heavy-duty truck industry and a leading enterprise in the commercial vehicle sector, Sinotruk has cultivated renowned independent brands such as “Shan Dekka” and ‘Howo’ through decades of dedicated development. In recent years, Sinotruk has steadfastly pursued the concept of “Green Intelligent Manufacturing and Low-Carbon Transportation,” advancing rapidly in new energy transformation and internationalization. The company not only leads in domestic sales but also exports products to over 110 countries and regions worldwide.
Building upon its traditional auto parts industry foundation, Henan Fengbao Group has accelerated its transformation and upgrading, cultivating new productive forces to become a modern enterprise with core competitiveness in the fields of special steel and automotive components. Facilitated by our city's “Ten Thousand People Assisting Ten Thousand Enterprises” initiative, Henan Fengbao Group partnered with China National Heavy Duty Truck Group and has rapidly grown into an outstanding supplier for CNHTC.
China National Heavy Duty Truck Group and Henan Fengbao Group signed a strategic cooperation agreement, committed to building a regionally influential hub for new energy commercial vehicle applications. Liu Zhengtao, Party Secretary and Chairman of China National Heavy Duty Truck Group, remarked that this partnership represents both parties seizing the pulse of the times and advancing the “dual carbon” goals, while also embodying China National Heavy Duty Truck Group's pragmatic commitment to serving Linzhou's green transportation system development and accelerating its green transformation through high-end new energy equipment.
During the signing ceremony, Sinotruk delivered the first batch of 20 new energy heavy-duty truck tractors to Fengbao Heavy Industry. Li Jingmin, Chairman of Fengbao Heavy Industry, stated that this marks a new beginning where we transition from unilateral supply to mutual empowerment, and from complementary strengths to deep integration. Fengbao Heavy Industry will carry forward the spirit of the Red Flag Canal, deeply integrating Sinotruk's visionary strategy and technological advantages with Fengbao's dedication, resilience, and industrial foundation to jointly forge a new industrial channel where “green energy is the lifeblood and intelligent technology is the soul.”
Fengbao Heavy Industry's “New Energy Trailer Power Generation Axle” product made its official debut at the signing ceremony. According to the company's R&D lead, this product offers advantages including lightweight design, low cost, and high integration, enabling seamless compatibility with Sinotruk trailers. These product strengths, combined with production capacity and cost advantages, form a solid foundation for Fengbao Heavy Industry's “smart manufacturing” to compete in the new energy commercial vehicle market.