Report by Ouyang Jie, a reporter from the newspaper: In 2004, after three years of restructuring and restructuring of China National Heavy Duty Truck, the major business indicators increased by an average of 65% year-on-year, and the first consecutive increase in the national heavy truck automobile industry in three years. In 2004, China National Heavy Duty Truck Co., Ltd. formulated four strategies: “Technology-leading strategy, low-cost leading strategy, regionalized leading strategy and internationalization strategyâ€. It insisted on innovation and development and won the market with diversified products. It is estimated that 45,000 heavy-duty trucks will be produced and sold this year, and 155,000 Steyr engines will be produced and sold. The sales revenue will be 22.6 billion yuan, and the main indicators will double compared to the same period of last year. In the context of the slowdown in the growth of the national heavy-duty vehicle market, China National Heavy Duty Truck's market share has continued to rise, from the 4.5% three years ago to the current 13%. Especially in the heavy tonnage heavy truck market, China National Heavy Duty Truck has an absolute advantage. In the heavy-duty truck market of over 15 tons, China National Heavy Duty Truck Group holds more than 35% of the country's total sales, 20 tons or more accounts for more than 60%, and 25 tons or more accounts for more than 80%. The new product with independent intellectual property rights has reached 4 times the previous year's production and sales of King Steyr.
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