Group News

On Dec 18, 2011 Business Conference of SINO TRUK Group as well as SINO TRUK (Hong Kong) Limited was seriously held in Jinan.

More than 2000 people, including from the siontruk group, such as processing and modification of such cooperative units of staff, on behalf of customers, financing and investment institutions and reporters attended the meeting.

Ma Chunji gave speech on the Conference. He said, the outgoing 2011 was the year in which SINO TRUK Group recognized itself, conquered itself and realized new development; was the year in which SINO TRUK Group implemented the 12th Five-year Develop Program, fully launched great project of “Starting the New Undertaking” and obtained a good commence; was the year in which SINO TRUK Group realized breakthrough in the forging of complete series commercial truck by the virtue regarding heavy duty truck industry as principal work; was the year in which SINO TRUK Groupcomprehensively promote lean management, improve the quality of products; was the year in which SINO TRUK Group actively promoted each work of the construction of MAN Project, with an obvious improvement of the quality of staff; was the year in which SINO TRUK Group persisted in Scientific Outlook on Development to transform development mode and adjust structure, and both of the two tasks were accomplished.

Ma Chunji said, in this year, SINO TRUK Group  overcome all kinds of difficulties, made outstanding achievements in the development of whether many adverse effects, such as administrative macro-control policy tightening, tightening monetary policy and the complicated and changeable economic situation. It was predicted that the annual production and sales volume would reach 175,000 units, including 143,000 units of heavy duty truck. The production and sales volume of heavy duty truck with an exhaust capacity above 9L continued occupying the first place within domestic market; exported 20,000 units of entire truck, realizing the volume doubled compared with the same period of last year, with a realization of total volume of profit and tax of 4.5 billion Yuan, So that enterprises increased significantly more than the industry average of the proceeds, with their companies to maintain a stable and healthy development.SINO TRUK further optimized the product structure, with the complete series commercial truck beginning to take shape, and to strengthen and improve quality management model, with the level of quality products recognized by the market; China National Heavy Duty Truck also scientifically adjust the management mode of the enterprise, has a higher efficiency and standardize the operation of enterprises, innovation of administrative management system of the enterprise overall level of great improvement, man project in full swing, smooth operation, main products of the prototype has been completed, the entire project is actively promoting the according to the provisions in the contract.

Ma Chunji pointed out: the target of SINO TRUK Group in 2012 was to ensure the production and sales volume of 240,000 units of entire truck, including 165,000 units of heavy duty truck, with each major index higher than the average level within the industry; ensure that the high degree of competition ability of heavy vehicle products, customers and the obvious role of the market in the high degree of satisfaction, in the industry with advanced level; to ensure the realization of the advanced position in the industry.

President of SINO TRUK (Hong Kong) Liminted Cai Dong put emphasis on new products promoted by SINO TRUK for 2012, network construction thoughts and business policies.

SINO TRUK signed strategic cooperative agreements with China Everbright Bank and Postal Savings Bank of China respectively.

At last, the seriously unveiling ceremony for HOWO-T5G was held on the Conference.