About SINOTRUK Company

affaires The Group is one of the leading truck manufacturers in China, specializing in the development and manufacture of heavy trucks, medium and heavy trucks, light trucks, etc., as well as related major assemblies and components. The Group's products serve a wide range of customers in different major industries such as infrastructure, construction, container transportation, logistics, mining, steel and chemicals. The Group is a truck manufacturer with independent R&D and manufacturing capabilities and a complete industrial chain, with its own production of key components and assemblies such as engines, cabs, axles, frames and transmissions. The engines produced by the Group not only meet their own needs, but also sell truck engines and engines for construction machinery to third parties. The Group's products are not only sold domestically, but also sold to other countries and regions around the world. In addition, the Group provides financial services to those involved in the production and sale of the Group's products and the Sinotruk Group. operation The Group's business is divided into the following four segments according to the nature of the products and services provided: (I) Heavy truck division The main part of the Group's revenue comes from heavy truck sales. The Group's main product brands include SITRAK (Shandeka), HOWO (Howo) and Huanghe. Each brand includes multiple product lines, and product sales target different market segments. The main production sites are located in Jinan and Jining, China. In addition, the Group is also engaged in vehicle modifications and the manufacture of various special vehicles. (II) Light trucks and other divisions The Group's light truck brands mainly include HOWO, Hauman and Ace, and its production bases are mainly located in Jinan, Fujian and Chengdu, China. The division also manufactures and sells buses, medium and light trucks, and other vehicles. (III) Engine Division The Group currently produces the vast majority of heavy truck engines to meet its own needs, but it also sells engines for engineering and construction machinery to third parties. In addition, the Group also produces other major assemblies and components for heavy trucks, such as transmissions and various types of castings and forgings. Engine production sites are located in Jinan and Hangzhou, China. (IV) Financial Division The Finance Division provides financial services to those involved in the production and sale of the Group's products and the Sinotruk Group, including absorption of deposits, loans, discounts on commercial and bank notes, issuance of commercial notes, automobile financing service credits, and supply chain finance service credits. The division also cooperates with banks and enterprises to provide credit for automobile financing services and build a credit network for automobile financing services. Financial services spread to most parts of the country.