China National Heavy Duty Truck Group Co., Ltd.

China National Heavy Duty Truck Group Co., Ltd. (hereafter as CNHTC) is the leading enterprise of Chinese heavy duty truck industry. The predecessor of CNHTC was Jinan Auto Works which was founded in 1956. Jinan Auto Works trial-produced China's first heavy duty truck--the 8-ton Huanghe JN150 in April, 1960, which ended the history that China could not make heavy duty trucks and received great compliment from state leaders such as Mao Zedong and Zhu De. Inspired by the belief of "Making Huanghe trucks and being Huanghe people", during over half a century, several generations of Huanghe people have been carrying out the self-reliant, hard-working and unremitting spirit and making tremendous contributions to the development of China's heavy duty truck industry.
At present, CNHTC owns nine series and over 2,700 types of heavy duty trucks including HOWO, Sitaier King, Sitaier, Golden Prince, Haojun, Haoyun and Huanghe, etc. CNHTC has become the heavy duty truck company with the most complete driving types and tonnages. The company has developed the brand-new HOWO-A7 series, which makes her become the only heavy duty truck enterprise manufacturing automatic transmission in large scale. "CNHTC" and "SINOTRUK" brands have also become heavy duty truck brands with acknowledged international reputation. The "Qinren" service brand has turned out to be the first registered service brand in the auto industry, which wins widespread praise. On November 28, 2007, CNHTC was listed on the Hong Kong stock market and raised nearly 10 billion Hong Kong dollars. The company then acquired 6.3 billion Hong Kong dollars from MAN Company in July, 2009. The successful capital operation offers CNHTC with solid financial strength and pushes the company into the golden ages.
Since the reorganization in 2001, CNHTC has handled the relationship between inheritance and innovation, created features and made great accomplishments in building enterprise culture. During the development of CNHTC, the company keeps integrating her cultural vision and forms the company target of "Build a century-aging company and ascend to world first class", the core value of "State-of-the-art products are made with morality and personality, and dedicate to the society" as well as the core vision of "Scientific development, rational operation, careful operation, to obtain maximum benefit." CNHTC guides the developing direction of enterprise with advanced cultural vision and promotes cohesion and creativity with enterprise value so as to accomplish self-realization and make contributions to the society.