China National Heavy Duty Truck (CNHTC) has made remarkable progress in the global and domestic heavy truck industry. According to the 2006 rankings by the International Automobile Manufacturers Association (OICA), CNHTC ranked 48th globally in total output. However, when it comes to single-engine heavy-duty trucks, it holds the top position within China. This dual achievement highlights its strong presence in both the national and international markets. Over the years, CNHTC has consistently achieved impressive growth. From a production and sales volume of 3,800 units before reorganization to 7,800 units during the reorganization year in 2001, the company saw a dramatic increase, surpassing 60,000 units by 2006—more than 16 times in just six years. This rapid expansion has solidified its status as one of the fastest-growing companies in the heavy truck sector, both in China and globally. In the first seven months of this year alone, CNHTC reported a 73.4% year-on-year increase in heavy-duty vehicle production and sales, with engine production up 76.2%, revenue rising 62%, and profits and taxes increasing by 101%. These figures mark new historical highs for the company, showcasing its sustained momentum and operational excellence. CNHTC has also focused on technological innovation and brand building. Over the past six years, it has invested over 4 billion yuan in R&D, introducing more than 100 new models annually. The company now offers nine major product series, including HOWO, Steyr King, and King Prince, with model numbers growing from 78 to over 2,100. This extensive range covers a wide variety of drive types and tonnage levels, making CNHTC one of the most comprehensive heavy truck manufacturers in China. In 2005, the independently developed HOWO heavy truck reached international standards, selling over 10,000 units and exporting 4,000 units that year. Today, HOWO accounts for 75% of China's heavy truck sales. In just two years after entering the cement mixer market, CNHTC captured a 30% market share, demonstrating its ability to adapt and dominate new segments. With over 1,000 patents, CNHTC is the most patent-active company in the domestic auto industry. Its engine division has also seen significant growth, achieving a fuel efficiency advantage of over 3 liters per 100 kilometers compared to similar engines. This performance has earned widespread recognition and helped build a strong reputation for CNHTC’s power systems, both domestically and internationally. The company has expanded its global footprint, with exports increasing from just a few dozen vehicles to over 6,000 units in 2006. Its sales and service network now spans dozens of countries, supported by more than 80 4S stores and distribution centers abroad. In 2006, CNHTC became the largest exporter of heavy trucks in China, earning praise from state authorities and being named a recommended export brand by the China Chamber of Commerce for Machinery and Electronic Products. Internally, CNHTC has modernized its operations, implementing an order-based production model that enables zero inventory management. It has also advanced its informatization efforts, creating a comprehensive information network across the company. These initiatives have brought its management practices to world-class standards. To further expand its production capacity and strengthen its technological edge, CNHTC has invested over 10 billion yuan in large-scale technological upgrades, bringing its equipment to leading domestic and even global standards. Through strategic restructuring, CNHTC has reorganized into several specialized entities, including the Jinan Truck Company, Commercial Vehicle Company, and Special Vehicle Company. Its sales and import/export divisions have also expanded significantly, enhancing its market reach and competitiveness. In 2006, CNHTC was recognized among the "Top Ten Enterprises in Efficiency" in the national automobile industry. Over six years, it has bridged the gap with the industry leaders, positioning itself as a global player in the heavy truck sector. Looking ahead, CNHTC aims to produce and sell 125,000 heavy trucks by the end of the Eleventh Five-Year Plan period, with one-third of new products in the market and one-third of its products exported internationally. This ambitious plan reflects its long-term vision and commitment to global leadership. CNHTC continues to break records, innovate, and grow, solidifying its place as a key player in the global automotive industry.

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