Leaders of the two countries arrive at the agreement signed by Sinotruk and overseas companies

On August 13, 2017, witnessed by Vice Premier Wang Yang and Pakistani Prime Minister Shahid Kakan Abramovich, Ma Chunji, Chairman and Party Secretary of China National Heavy Truck Group Co., Ltd., China Hong Kong Control Company and Pakistan’s Gwadar Port Authority The bureau formally signed the strategic cooperation framework agreement.

In recent years, China National Heavy Duty Truck has actively responded to the call of the country, closely followed the direction of the state policy, and actively carried out structural reforms on the supply side, and recently officially launched the "China Heavy Duty Truck Redevelopment Development Grand Project", clearly proposed to seize the "One Belt and One Road." It is an opportune time to realize the overseas recycling of China National Heavy Duty Truck. From January to July this year, China National Heavy Duty Truck produced and sold 174,000 vehicles, an increase of 60.1% year-on-year, including 115,000 heavy trucks, an increase of 76% year-on-year, and 56,000 medium- and light-duty trucks, an increase of 38.9% year-on-year, 28% higher than the industry average. Percentage. The sales revenue was 58.6 billion yuan, a year-on-year increase of 56%, and the profits, profits and taxes increased by 223% and 128% respectively. It is one of the best quality and profitable companies in the industry. In addition, Sinotruk continues to lead the industry in the international market. The sales volume in traditional regional markets has increased significantly. Emerging markets, especially in developed countries and regions, have begun to perform. From January to July, the total vehicle exports were 18,800, an increase of 32.6% year-on-year; the heavy truck export orders reached 28,600, a year-on-year increase of 51%, and a new breakthrough was achieved.

The signing of this strategic cooperation agreement is a strategic deployment of the “Belt and Road” and “China-Pakistan Economic Corridor” advocated by China National Heavy Duty Truck Group’s General Secretary for Peacekeeping Practice Jinping, vigorously advancing China-Pakistan’s “1+4” cooperation arrangement and making use of the Gwadar port strategy. Regional advantages, the promotion of Sinotruk's international development strategy, the development of international capacity cooperation, the full development of the Pakistani market and the powerful measures to radiate the Middle East and other markets, is also an important arrangement for Sinotruk to re-build overseas heavy truck strategy.