Sinotruk is bounding ahead to become a world-class technology enterprise

The SinoTruk Science and Technology Innovation Award Annual Conference 2024 was recently held in Jinan, China on March 2, 2024, to celebrate major scientific and technological achievements and recognize innovative talents since 2022. Tan Xuguang, Chairman of Shandong Heavy Industry Group and China National Heavy Duty Truck Group, was in attendance and delivered a report on the theme of “Steadily stride forward, embracing change in science and technology”.

In the past five years, Sinotruk has invested nearly RMB 15 billion in research and development, a significant increase compared to previous years. This investment has allowed Sinotruk to establish a full-process independent research and development system, positioning the company at the forefront of the national industry. Sinotruk has set new standards for heavy-duty trucks in China, with high-tech indicators leading the industry. The company’s market share has grown from 16.5% in 2018 to 26% in 2023, making it the top heavy-duty truck manufacturer in China for two consecutive years. In 2023, Sinotruk achieved a record-breaking export volume of over 130,000 vehicles, positioning the company as the largest single-brand global exporter in the world.

Tan Xuguang emphasized the importance of dedication, innovation, and long-term commitment to achieving success in the industry. He encouraged engineers to continue learning, growing, and creating value through global cooperation and project training, ultimately contributing to the development of the heavy truck industry. With a focus on passion and vitality, Tan Xuguang inspired attendees to strive for a better future in the heavy truck industry.

Overall, the SinoTruk Science and Technology Innovation Award Annual Conference 2024 showcased the innovative achievements of Sinotruk and highlighted the company’s commitment to shaping the future of the heavy truck industry. With a strong emphasis on technology and innovation, Sinotruk continues to set new standards and lead the way in the global market.(Source: Sinotruk)

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