The stable development of Sinotruk relies on the Group's strategic planning. The company is mainly responsible for the production of heavy-duty trucks. A large number of parts needed for production need to be purchased from other companies within the group. The launch of new products depends on the efforts of the Group's technical center. The company's steady development depends on the group's strategic planning.
The layout of the Group's industrial chain has become more complete and internal coordination has been further strengthened. Through the listing of the Group's assets in Hong Kong as a whole, the Group's industrial chain layout has gradually become complete. The Group's three engine companies have a clear division of labor and the positioning of five special vehicle companies is becoming clearer, which is conducive to the stable development of the company. At the same time, the Group restructured the large gears, making it possible for commercial vehicle companies that may compete with the company to develop internal resources to develop in the direction of medium-heavy trucks, which is beneficial to the long-term development of the company. Finally, the Group achieved a customer-oriented business philosophy through measures such as the “One-Line Communication†letter management system, which is conducive to promoting the Group’s differentiated development.
The group may be the leader in all segments of heavy trucks. In January-February 2009, the company’s market share was 34.32%, a year-on-year increase of 11.87 percentage points, sales volume fell by 20.59%, and heavy truck industry sales fell 48.05%. We believe that the increase in the share of the group companies is mainly reflected in the market advantage formed by EGR heavy trucks. We expect that the Group is expected to occupy the leading position in all market segments in 2009.
EGR heavy trucks help boost the company's market share. Taking into account the "three high" experimental problems, in addition to other heavy truck companies outside China launched EGR heavy truck at least in the third quarter, while the heavy truck industry's peak season is mainly concentrated in the 1-2 quarter, so the EGR truck advantage will help the company before the third quarter Continue to maintain strong growth momentum. With the increase in the production capacity of Jinan's power engines and transmissions, the proportion of the company's foreign purchases has decreased, further strengthening the company's cost control capabilities and helping to improve the company's profitability.
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