Shandong News Network 丨 China National Heavy Duty Truck gets a good start in the

Posted by bruce zhu on February 24th, 2021

On the evening of February 7, Shandong Satellite TV's "Shandong News Network" reported that Shandong howo Heavy Industry Group has focused on the reform of state-owned enterprises, fully released the synergistic effect of the reorganization and effect post-warping, and fully achieved the "good start" of the first month, surpassing the new development of Shandong equipment manufacturing industry. The speed set the example for the high-quality development of the province's "14th five-year plan" to get off to a good start. In January of this year, the group's operating profit increased 71% year-over-year and total profit increased 104% year-over-year.

By cooperating with Weichai, Sinotruk howo heavy trucks and medium and light trucks under 460 horsepower are equipped with Weichai engines, thus achieving the goal of promoting growth and filling gaps. The synergy effect is significant and the efficiency of resource allocation and market competitiveness have been significantly improved.

With the successive launch of a series of improved products, the product presentation has become more and more comprehensive, and howo truck has achieved the transformation from marketing-oriented to product-oriented. In January of this year, vehicle sales grew 147% year-on-year, and operating profit increased 140% year-on-year. Total profit increased by 380% year on year and industrial added value by 103% year on year, making a "good start" for the first month of the new year.