Sinotruks revenue and net profit both increased in the first quarter, further consolidating its leading position
Time:05-19-2025
Since 2025, the heavy-duty truck market has shown a warming trend, but the industry as a whole is still under pressure. According to data from the China Association of Automobile Manufacturers, the cumulative sales of heavy-duty trucks in the first quarter were 265,000, a year-on-year decrease of 2.81%. When accepting investor surveys, China National Heavy Duty Truck Group said that the current production and operation situation is good, and the output and sales volume still maintain a year-on-year growth trend, which is generally better than the industry level.

As a leading enterprise in the production and sales of heavy-duty trucks, the company continues to be market-oriented, and through accelerating technology iteration and product structure optimization and upgrading, it has achieved simultaneous improvement in product economy and power performance, further consolidating its market leading position. In the field of natural gas heavy-duty trucks, the company seized the policy dividend of this year's "old for new" policy to include natural gas heavy-duty trucks in the subsidy scope, seized the opportunity, and made a long-term strategic layout; in the rapidly growing field of new energy heavy-duty trucks, the company's market share has continued to increase, and the growth rate is better than the industry level. Export is the company's traditional advantage area. With the help of the reasonable overseas market layout system of Sinotruk International, the company's market share continues to be at the forefront of the domestic heavy-duty truck industry.
Market analysts pointed out that the heavy-duty truck market is gradually recovering in a rational manner. With the full release of domestic infrastructure and logistics demand, the recovery of the heavy-duty truck market will also continue effectively. Haitong Securities said that in 2025, China National Heavy Duty Truck Group is expected to maintain long-term growth momentum under the domestic heavy-duty truck trade-in policy, high-end heavy-duty trucks and refined logistics operations.
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