On the afternoon of October 31, the activity of "Sinotruk and the world win-win - the first domestic export of heavy trucks exceeding 10,000 vehicles in a single month" was held in the Golden Hall of Shandong Building. Liu Qiang, Member of the Standing Committee of the Shandong Provincial Party Committee and Secretary of the Jinan Municipal Party Committee, Yu Haitian, Deputy Secretary of the Jinan Municipal Party Committee and Mayor, Secretary of the Party Committee and Chairman of Shandong Heavy Industry Group, Tan Xuguang, Secretary of the Party Committee and Chairman of China National Heavy Duty Truck Group, and leaders of relevant departments in Shandong Province and Jinan City participated in the event . More than 310 dealers and customer representatives from more than 100 countries around the world participated online.
At 4:00 p.m., following Liu Qiang's "departure" instruction from the main venue, 55 Sinotruk heavy trucks, wearing red and hanging colors, drove out of the Jinan Comprehensive Bonded Zone one by one under the guidance of the Shandeka C7H, and successfully exited the customs, marking the Sinotruk heavy truck list. The monthly export successfully exceeded 10,000 vehicles, creating the highest single-month export record of domestic heavy truck enterprises, which is a milestone in the export history of my country's heavy truck industry.
Tan Xuguang said that the rapid growth of foreign trade exports has played an important role in stabilizing the economy. This is our concrete action to stabilize the overall economic market. Today, Sinotruk has become the No. 1 overseas brand of China's commercial vehicles, the pioneer of China's commercial vehicles entering the overseas mid-to-high-end market, and an industry benchmark for practicing the "Belt and Road" and integrating into the new development pattern of "Dual Cycle". We will firmly move towards world-class, build a bright business card of Chinese commercial vehicles in the world, share opportunities with partners, seek common development, and win-win future.
Since the reorganization and reform in 2018, Sinotruk has entered the fast lane of high-quality development. Since the beginning of this year, in the face of the impact of the epidemic and other factors, the domestic heavy truck industry has fallen off a cliff. According to data from the China Automobile Association, domestic heavy truck sales in the first three quarters fell by 58% year-on-year. Sinotruk has withstood the downward pressure of the industry, and its market share of heavy trucks has increased by 4.35 percentage points compared with the same period last year, ranking first in the domestic industry, which fully demonstrates the toughness brought about by restructuring and reform.
Among them, foreign trade exports have made outstanding contributions to Sinotruk's move towards the top of the industry. From January to October this year, Sinotruk exported 76,000 heavy trucks, a year-on-year increase of 54%, accounting for more than half of my country's industry exports. In particular, new breakthroughs have been continuously made in the expansion of overseas high-end markets. High-end heavy truck products such as Shande Truck and Howo T series have been well received by overseas customers. The export sales of high-end heavy trucks in the first three quarters increased by 258% year-on-year. Sinotruk's annual export volume of heavy trucks has increased from 30,000 in 2020 to 50,000 in 2021, and is expected to exceed the 100,000 mark this year.
Ricardo Melesio, the sales director of Aite Mexico, said in an online interview that Sinotruk’s heavy-duty trucks are very popular in Mexico, with good quality, high cost performance and timely after-sales service. The number of holdings is getting higher and higher, Sinotruk, made in China, awesome!
China National Heavy Duty Truck's breakthrough in the international market, and its root cause, benefited from a series of reform and innovation measures in the past four years since the reorganization of Shandong Heavy Industry and China National Heavy Duty Truck. Three system reforms, main and auxiliary separation reforms, marketing system reforms, independent positive research and development, and a full range of commercial vehicle layouts have accelerated the competitiveness of Sinotruk's products to become first-class, and have stronger anti-cyclical capabilities than the same industry.
The substantial growth of Sinotruk's overseas exports is closely related to Shandong Heavy Industry Group's overall layout and coordinated promotion of overseas export business. In the first three quarters of this year, the export revenue of Shandong Heavy Industry Group reached 38.5 billion yuan, a year-on-year increase of 66%. Its subsidiaries such as Sinotruk, Shaanxi Heavy Truck, Weichai Group, Shantui, Zhongtong Bus and other enterprises have made historic breakthroughs in export. Among them, the overall export of heavy trucks was 90,500 units, a year-on-year increase of 60%; the export of engines was 38,500 units, a year-on-year increase of 54%; the export of bulldozers was 2023 units, a year-on-year increase of 40%; the export of excavators was 1823 units, a year-on-year increase of 50%; the export of passenger cars was 2671 units , an increase of 69% year-on-year.
