Chairman of CNHTC: Cooperating with German Man Company to extend industrial chain


China National Heavy Duty Truck Group Chairman Ma Chun-chi told NetEase that China National Heavy Duty Truck Co., Ltd. will also cooperate with the company in the field of passenger cars, in addition to the German company in the heavy truck field. The details of the current cooperation have not been disclosed to the outside world. Ma Chunji only stated that the cooperation of passenger cars has also been mentioned in the cooperation contract between Sinotruk and MAN.

On December 20 last year, Sinotruk announced a high-profile announcement of its entry into the passenger car segment. Cai Dong, general manager of China National Heavy Duty Truck Group, said that in 2010, China National Heavy Duty Trucks will try a small knife in the passenger car market, and has built a new factory for this purpose. The product has already appeared at the company's business conference.
Ma Chunji said that China National Heavy Duty Truck will soon achieve mass production of passenger cars in the near future and achieve an annual production and sales of 2,000 units. In the medium term, it is currently achieving the production scale of tens of thousands of vehicles. The long-term goal is to become one of the strongest passenger bus companies in China. World convergence.

China National Heavy Duty Truck Group is the leading company in the heavy truck industry in China, and is the only commercial vehicle company to participate in the industry restructuring in the “Regulations for the Revitalization of the Automotive Industry”. In 2009, it produced and sold more than 125,000 heavy vehicles, an increase of 11.59% year-on-year, from the scale of production and sales. It is said that it has entered the forefront of the world heavy truck industry.

On July 15, 2009, Sinotruk and German Man Corporation reached an agreement on long-term strategic cooperation at the technical and capital level. Sinotruk introduced German Man as a long-term strategic partner and shareholder, and Sinotruk and parent company acquired Hong Kong and Germany. Man injected 560 million euros (approximately HK$6.378 billion) in funds, and German Mann holds a 25% stake in Sinotruk (Hong Kong). The German company Mann is the third largest manufacturer of heavy trucks in the world. The group produces trucks, passenger cars, diesel engines and so on.

Ma Chunji stressed that China National Heavy Duty Truck is facing four tasks this year. The first is "good" and takes the lead to ensure that the growth of economic efficiency is better than the growth of production and sales. On the basis of sales revenue of 56.9 billion yuan last year, it strives to achieve a sales revenue of 66 billion yuan this year. yuan;

Secondly, the cooperation with German Mann has been substantively promoted. Now the layout of the production line plant has been studied. According to the current progress, this project can be completed at the end of the year and will be gradually produced in the next year, and mass production will be realized in 2012. Heavy trucks will be China's heavy trucks entering the international advanced level. The last step is to strengthen the construction of the sales network and the management of the business.

Ma Chun-chi said that in addition to the strongest truck heavy truck, China National Heavy Duty Truck Co., Ltd. also needs to extend the industry chain, such as truck assembly and axles; followed by heavy truck-related industries; and also to complete the extension of the product itself, such as passenger cars. , China Unicom, vans, light trucks, pickup trucks, etc., China National Heavy Duty Truck will assume the task of national revitalization and industrial adjustment, and it will take five to ten years to develop into the world's most powerful commercial vehicle company.

When talking about foreign cooperation, Ma Chunji believes that international cooperation is important to introduce, absorb, and innovate. Cooperation is to enhance oneself. Cooperation projects should have good cooperation models and attitudes. While they are learning modestly, they must not lose the dominant right of independent innovation and grasp initiative to truly promote independent innovation.
View related topics: China's auto industry recommence mergers and acquisitions wave


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