August 2nd, the 3rd, by the Commission by letter of Shandong Province commissioned Jinan City Commission by letter chaired technological innovation projects in Shandong Province and acceptance of new products will be identified.Sinotruk bear ZZ1164F5216C1 type truck and chassis development, ZZ3317N4267C1/S1WA type dump truck and chassis, ZZ2311N3871C belt conveyor truck chassis, Sinotruk Bus Network Intelligence technology innovation projects in seven provinces passed the appraisal inspection.
The experts reviewed the project identification and acceptance data, listened to the project undertaker reports. The field questions and discussion, the Committee agreed that the seven identified development project is successful, its main performance indicators are in line with the mission statement and the relevant design standards and reached advanced domestic similar products (lead) levels.
By virtue of heavy-duty truck up to Euro V emission standard into international market, Sinotruck has accepted export orders of over 14,000 units so far, which kept it ranked as the No. 1 within the industry. Ma Chunji, president of Sinotruk, said “Innovation is where the soul of Sinotruk is.” According to Ma Chunji words, Sinotruck has always set independent innovation as its lifeline of its development. Introducing international advanced technology, Sinotruck also focuses on innovation ability after taking in other’s technology and establishes technical innovative system of new products and technology catering for market. Thus, its core competitiveness is enhanced.
Since the reform and reorganization of 2000, Sinotruck has invested over 15 billion Yuan on technical transforming and product R&D and realized product upgrading. Both technology and quality of product come close to world’s advanced technology of heavy-duty trucks.
At present, heavy-duty trucks of Sinotruck has increased to over 3,000 kinds of nine series from the original 78 kinds of one series, which made it become an enterprise with the most kinds of drive and power.
So far Sinotruck has gained 2,218 national patents from nothing, in which 68 are patents for invention. Thus, Sinotruck is the enterprise with the most patents within this automobile industry.
In these years, Sinotruck launched its natural gas engines and electric EGR engines up to National Ⅲ, completely depending on its own R&D and filling the blank of domestic field. It became the unique heavy-duty truck enterprise with independent ECU control system as its own patent.
Owing to consecutive 20 various production lines of vehicle, key assembly and parts with international advanced level established, Sinotruck became a heavy-duty truck enterprise with the most advanced vehicle equipment. Quite a lot of key technologies are almost close to international advanced level.
Ma Chunji said that independent innovation was not equal to being blind. From the early introduction of Styer technology of Austria to corporation with MAN of Germany, Sinotruck always pays much attention to taking in and absorbing of foreign advanced technology.
It’s in 2009 that Sinotruck and MAN of Germany started their comprehensive strategic corporation and introduced whole advanced technology of MAN simultaneously. Now Sinotruck has already built production lines of engine, axle, drive room and vehicle assembly in MAN project for quantity production.
Compared with the world’s mainstream engine technology, engine manufactured with MAN technology is almost advanced 15 years in design, technology, material and performance.
Meanwhile, Sinotruck implements international strategy, focusing on green environmental friendly heavy-duty trucks of high quality. At the beginning of 2011, based on success development of heavy-duty truck engine up to Euro V, Sinotruck achieved its independent R&D of National V and Euro V engine.
In May of 2012, the first 400 out of 2,000 Euro V heavy-duty trucks to export to Brazil by Sinotruck were successfully delivered. This is the first batch manufacturing of Euro V heavy-duty trucks in China and the first export in batches of over Euro IV.
In Nov.2012, Sinotruck and part of dealers and customers signed a long-term corporation agreement and an order of 2,800 vehicles.
On account of the most severe emission standard in our HK market, it is always occupied by heavy-duty trucks of Europe and the States. In this June, 300 Euro V heavy-duty trucks by Sinotruck successfully entered HK market, which is the first big batch of Euro V heavy-duty trucks into HK by enterprises in mainland. What’s more, Sinotruck is the first to be registered in HK.
According to Ma Chunji, the batch heavy-duty trucks into HK market again proved that our domestic product could totally satisfy the present most severe emission standard and even compete with heavy-duty giants in Europe and the States.
At present, Sinotruck has six sections around the world, providing service to Southeast Asia, Middle East, Southern Africa, Northern Africa, Central Asia, Russia and South America by its over 600 service stations. With more than 40 offices throughout the world, Sinotruck basically realized its market coverage in developing countries.
In 2012, Sinotruck export of heavy-duty trucks exceeded 26,000 units. Ma Chunji pointed out that banking on advanced technical advantages, Sinotruck stood out in the developing international markets with the background of depressed heavy-duty truck market. Hence, annual export is expected to exceed 30,000 units in 2013.
Source:http://www.cnhctc.com/news/164.htmlTo improve gas engines in the plateau environment adaptability, July 2 -28,Sinotruk organization team's Tibetan plateau calibration tests carried out on the plateau calibration gas engines.
The trial is the first time China's heavy truck engine calibration bench plateau, from the technical center power design institute, Fuqiang Power's technical staff engineer with the U.S. ECI lasted 27 days, to overcome the difficulties, at different elevations test point calibration tests , travel over 3000 km, collecting the gas engine operating data plateau, and procedures to optimize engine control calibration, test success.
The Bench calibration of high-altitude areas, depending on altitude changes, the engine control calibration correction procedures to enhance the heavy truck gas engines altitude performance, the engine at high altitudes can still maintain adequate power, and with a more low gas consumption, in order to expand the Chinese heavy truck range of products in the market of natural gas lay a solid foundation.
In mid-June, Sinotruk Sales Shenzhen Branch Shenzhen City Times Tiancheng collaborative Motors Ltd. in Yantian District, Shenzhen logistics key markets organized a half month tour, and stir together.
Sent T7H tractor tour as a show car, the invitation and visited more than 30 large logistics companies, and a large parking lot and in various secondary roads along the publicity tour, through subsidiaries and distributors related personnel operational staff the T series features detailed explanations and related video playback, so that the majority of users of the Chinese heavy truck logistics HOWO --- T series trucks had a strong interest.
During the tour, the customer T7H heart "MC11" particularly concerned about the engine, around the branch staff and ask the dealer for the advantage of the engine and maintenance details. After the staff patiently explain and video presentations, and to raise the cab and then allowed to see the real engine test drive, our customers greatly satisfied. Part of enthusiastic customers for our country to the world advanced level re-Qatar excited about, he became a free guide, pull his friend and passionate commentary on the test drive.
Tour last week, show car parked in the Acciona exhibition, all day exhibition attracted a large field of logistics and procurement staff are interested onlookers asked. Large logistics company CEOs Shencai Logistics Ltd. is personally came to the scene held talks with dealers, and the scene closed to pay a deposit, laid down a five T7H.
July, Sinotruk Sales Shenzhen Branch "T7H" sales in Shenzhen, a major breakthrough for the 50 large single tractor.
On July 30, 2013, Goodyear Tires announced fiscal reports in Q2 and the first half year. It has gained considerable growth in terms of business profits in chinese truck manufacturers in Q2. Also, the sales volume of tires maintains a rising trend in it four key chinese truck suppliers,which are Sinotruk,Shcman,Jaw,Foton.
In Q2, the chinese truck suppliers contributes 10 million USD to its operating income, accounting for around 6%, but declining 4.5% compared with 13 million USD in Q2 2012. The net profit in this region maintains a steady growth, hitting 1.5 million USD, growing by 10% compared with 13 million USD in Q2 2012.
In the first half year, the overall sales performance still declines by 9% year on year, totaling 6 billion USD; and the net profit hits 4 million USD, soaring by 24% compared with 5 million USD in the first half of 2012.
Regarding the investment strategy in auto industry in the second half of 2013, researcher Feng Chong from auto and part industry of Huatai Securities makes analysis on the commercial vehicle sector that the growth rate in Q1 is higher over last year, in Q2 the growth rate declines but still maintain double-digital growth, in Q3 it climbs up month by month and is expected to be 20% in September, and in Q4, the monthly growth rate is going to maintain 15-17%. It is estimated 15.5 million commercial vehicles in a narrow sense (including car, MVP and SUV) will be sold in 2013, up by 16.5% year on year.
In the first half year, in the capital market, the value of assessment reflects the growth rate of profits of auto industry in 2013 is between 15%-20%. The value of assessment is rational. Under such a background, companies that have breakthroughs could win in this market. Combined with features and characteristics of the market, the following companies are recommended to invest stocks: Sinotruk,FAW, JAC, Changan and Great Wall Motor.
In terms to medium and heavy duty trucks, the market underwent deepening adjustment in 2012 with a sales volume of 630,000 units, far less than normal demands. The sales volume of heavy trucks in 2013 is expected to be 750,000 units, more than 15% year on year. In June, the sales volume of heavy trucks is 75,000 units, up by 50.8% year on year. In Q2, the sales volume of heavy duty truck is 234,000 units, up by 39.1% year on year. The whole trend of heavy truck industry in Q2 is beyond expectation.
With respect to buses, the sales volume is stable but a little weak in 2013. In the first five months of 2013, the growth rate of sales volume only increases by 2.0%, lower than that in the past two years. The growth rate in the whole year is estimated to be less than 5%, and the growth remains from public city buses, exports, school buses and tour coaches.
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