China National Heavy Duty Truck Group Co., Ltd.
中国重型汽车集团有限公司
TypeState-owned enterprise
IndustryTruck manufacturing and sales
Founded1935
FounderKuomintang government of the Republic of China
Headquarters
Jinan, Shandong
,
China
Area served
Worldwide
Key people
Ma Chunji (Chairman)
ProductsTrucks
Revenue110,049,530,000 renminbi (2018) Edit this on Wikidata
OwnerChinese Central Government
ParentThe SASAC
SubsidiariesSinotruk (Hong Kong) (51%)
Websitewww.cnhtc.com.cn

China National Heavy Duty Truck Group Co., Ltd., CNHTC or Sinotruk Group is a Chinese state-owned truck manufacturer headquartered in Jinan, Shandong province.[1] It is currently the third largest truck manufacturer in Mainland China. It is known for developing and manufacturing China's first heavy duty truck - "Huanghe" (黄河, lit. Yellow River) JN150.

History

Huanghe JN150, the earliest model built by Jinan Automobile Works
A Steyr 91 built by CNHTC

CNHTC was founded in 1935 by Kuomintang Government of the Republic of China era on the basis of Jinan Automobile Works. It started developing heavy-duty trucks in 1956, with its first truck modeled after Skoda 706RT. In 1984, Jinan Automobile Works began to produce Steyr 91 with technology imported from Steyr-Daimler-Puch. Since the reform and restructure in 2001, the company has got rid of the operating losses for previous years.

Most of the group assets was now listed on the Stock Exchange of Hong Kong in 2007, as a Hong Kong-incorporated company, Sinotruk (Hong Kong).[2] Another subsidiary (subsidiary of Sinotruk (Hong Kong)), Sinotruk Jinan Truck (SZSE:000951), was listed on the Shenzhen Stock Exchange.

After the collaboration with Steyr, Sinotruk had done collaboration with Volvo Trucks (which terminated around 2009), sold under the Howo nameplate,[3][4] and later, collaboration with MAN AG, sold under Sitrak nameplate.[5]

Some Howo model like Howo 7 series uses Volvo FL10 derived cabin,[6] others like Howo A7 uses Volvo FH derived cabin.[7] Sitrak models on the other hand, uses MAN TGA derived technology.[8]

Sinotruk sells trucks in various South American countries. They came to Brazil in response to a group of businessmen with experience in the transportation industry. Sinotruk has sold 2,000 vehicles thus far. Sinotruk began building their first plant outside China in 2013 with an initial investment of more than 300 million dollars. Its location will be in Lages, Brazil.

Sinotruk also produces trucks in Pakistan through a joint venture with Dysin Automobiles.[9]

They are also active in the Philippines as well since 2011 through dealership, selling light and heavy trucks.[10][11]

In October 2019, Shandong Heavy Industry became the controlling shareholder of "China National Heavy Duty Truck Group", acquiring a 45% stake.[12]

References

  1. ↑ "Introduction CNHTC." China National Heavy Duty Truck Group. Retrieved on July 8, 2010. "The headquarters of China National Heavy Duty Truck Group Co., Ltd. (CNHTC) is located in Jinan city, Shandong Province, P. R. China."
  2. ↑ "Profile of China National Heavy Duty Truck Group Company Limited". Archived from the original on 2008-05-08. Retrieved 2008-05-04.
  3. ↑ "CVNews 商業車誌:VOLVO Trucks確定與中國重汽中止合作關係！". www.cvn.com.tw. Retrieved 2023-04-01.
  4. ↑ "Volvo to end Sinotruk tie, may resume Dongfeng talks". Reuters. 2009-07-22. Retrieved 2023-04-01.
  5. ↑ "CVNews 商業車誌:德國MAN集團獲准投資中國重汽！". www.cvn.com.tw. Retrieved 2023-04-01.
  6. ↑ "重汽的自卸车越来越有看点了，带您见识一辆配曼技术发动机的豪沃自卸车". 提加商用车网 (in Chinese (China)). Retrieved 2023-04-01.
  7. ↑ "国产卡车滴血认亲之路：模仿过沃尔沃的卡车都有谁？_腾讯新闻". new.qq.com. Retrieved 2023-04-01.
  8. ↑ "SITRAK Brand Overview". en.sinotruk.com. Retrieved 2023-04-01.
  9. ↑ "DYSIN - AUTOMOBILES LTD". www.dysin.com.pk. Retrieved 2023-05-13.
  10. ↑ "About Us". 25 March 2015.
  11. ↑ "Message from Yang Zhengxu (President of Sinotruk International) and Yuan Zhongbo (Executive Director and President of Sinotruk International for Southeast Asia and Oceania area)". Retrieved 2023-05-13 – via PressReader.
  12. ↑ 种昂 (29 September 2019). 山东重工控股中国重汽集团 开创先整合后重组模式 [Shandong Heavy Industry controls China National Heavy Truck Corporation, creating an integration model before the reorganization]. The Economic Observer (in Chinese (China)). Retrieved 2 January 2020.
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