China National Heavy Duty Truck invests 1.2 billion to relocate and complete the industry's most complete industrial chain

There is no rhetoric, China Heavy-Duty Truck Group Co., Ltd. can always do some real events. After successfully winning Datong Gear Co., Ltd. last year, China National Heavy Duty Truck Group once again spent 1.2 billion yuan to carry out its overall relocation and rebuild the key link of the relatively weak transmission.

The overall relocation, upgrading and upgrading project of the Grand Tooth Company that was started recently will require an initial land acquisition of approximately 969.6 mu. The total investment of the new project will increase by 1.2 billion yuan. The first phase construction will be completed by next year, forming a gearbox comprehensive capacity of 110,000 units; by 2012 it will reach annual production capacity. Production capacity of 220,000 gearboxes, production of 100,000 pairs of bridge gears, production of engine gears and 2 million gears for construction machinery; annual projected operating income of 3 billion yuan, total profit of 250 million yuan, and taxation of 200 million yuan after the project reaches the production program .

According to reports, the overall relocation and upgrading project of Dajiao Company is not a simple relocation but an industrial optimization and upgrading. According to the strategic plan of CNHTC Group, Dajia Group will build four major bases in Datong in the future.

Ten months after the reorganization, China National Heavy Duty Truck Group has greatly enhanced the gearbox competitiveness of its large gears by providing funding and technical support to Big Gear. Chairman of China National Heavy Duty Truck Group Ma Chunji emphasized that CNHTC hopes that Dazhong will achieve overall upgrading through this overall relocation and transformation project, achieve significant improvement in its level and capability, reach international advanced level in key processes and product quality, and Innovation ability, product R&D capability, management level, factory appearance, and employee quality are all improved.

China National Heavy Duty Truck Group, which has the most complete industrial chain advantage in the industry, has maintained a good momentum of development under the background of the general downturn in the global heavy truck industry. Sinotruk's sales in 2008 exceeded 112,000. From January to August this year, the production and sales exceeded 90,000 vehicles, an increase of 8% year-on-year, and the market share increased by 6 percentage points, continuing to maintain the leading position in the domestic heavy truck industry.

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