In October 2010, at the Jinan International Truck Show, China National Heavy Duty Truck announced that it will be holding a Sinon China National Gas Corporation 2011 Business Conference on December 8, 2010 in Jinan. According to reports, at the 2010 China Business Conference, there will be at least 30 new models on display, of which the key model is the high-end heavy truck produced by the German MAN technology. In the latest batch of national automotive product announcements, CNHTC launched the main products of the future to open up the market, the mass production type “Judeka†heavy trucks and the domestically-manufactured MAN D20 series engines.
The announcement of the 217th batch of automobile products issued by the Ministry of Industry and Information Technology includes the tractor ZZ4187N351BC1K traction car of China National Heavy Duty Truck Co., Ltd., and the ZZ4187V351BC1K traction car of the Qideka. This shows that China National Heavy Duty Truck completed all road tests with the HOWO A7 heavy truck upgraded by German MAN technology, and will formally mass-produce and put on the market in 2011. Heavy truck products upgraded by German MAN technology will become a single product sequence, after which China Steam owns the "Star-Steyr" brand product developed by Austrian Steyr Technology and the HOWO series brand "Hopeland" brand developed by Sweden's Volvo heavy truck technology.
It is understood that in July 2009, Sinotruk and German Mann signed a strategic cooperation agreement. The latter invested 560 million euros to purchase 25% of the shares of Sinotruk Hong Kong, after which Sinotruk Hong Kong invested 90 million euros. The best-selling TGA vehicle technology, as well as a full range of D08, D20 and D26 series engines, complete axle and part driveline technologies. In the joint venture agreement, the two parties agreed that the domestic TGA vehicle product will be completed by Jinan Commercial Vehicle Company, a wholly-owned subsidiary of China National Heavy Duty Truck Hong Kong Company. At the same time, China National Heavy Duty Truck Hong Kong Corporation may be authorized to fully introduce technology to upgrade its subsidiary Sinotruk Ji'nan Trucking Company. The company's products, China National Heavy Duty Trucks Hong Kong Company holds 51% of the shares in Jinan Trucking Company.
China National Heavy Duty Truck Group Corporation adopts a steady strategy for domestically produced TGA vehicle products and has no urgency to produce TGA vehicle products in the form of SKD. By using its unique ability to absorb and digest technology, the imported engine, axle and chassis components have been locally made, and these technologies have been used to enhance the best-selling products on the domestic market.
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