Following the reorganization of Shanxi Dadai Group and Liuzhou Canal, the reorganization of China National Heavy Truck Group Co., Ltd. in the auto parts industry will continue to accelerate. Chairman of China National Heavy Duty Truck Group and Chairman of China National Heavy Duty Truck (Hong Kong) Co., Ltd. Ma Chunji stated at the 2009 Business Conference held on the 20th that the financial crisis has also given companies a good opportunity for restructuring and development. Sinotruk will accelerate Industry integration to expand and enhance the competitiveness of enterprises.
Ma Chunji said that the global financial crisis has caused a great impact on China's economy, which will lead to deep structural adjustments and industrial upgrading. This will also give companies a good opportunity for reorganization and development by accelerating industry consolidation, especially for auto parts companies. The reorganization will help Sinotruk strengthen technical improvement, expand and enhance the strength of the company, and achieve the goal of becoming bigger and stronger.
The restructuring of Sinotruk in the industrial sector has accelerated. On November 18th, the signing ceremony of Sinotruk Group's strategic restructuring and equity transfer agreement with Shanxi Dajiao Group was held. Dagu Group and its excellent gearbox technology were incorporated into China National Heavy Duty Trucks Corporation at the same time, further improving Sinotruk's Heavy truck industry chain.
According to statistics, Shanxi Big Tooth was built in 1958 and has now become an annual production capacity of 120,000 heavy-duty vehicle gearboxes and 600,000 automobile engine gears. After being reorganized by CNHTC, Shanxi Big Tooth will become the transmission base of China National Heavy Duty Truck.
Prior to that, Sinotruk also reorganized two special vehicle companies, Liuzhou Yunli and Hubei Warwick, with a More rational network layout and improved conversion capabilities and technical support.
"As the leading company in heavy truck field, China National Heavy Duty Truck Co., Ltd., how to develop the next step? First, increase efforts to do a good job heavy trucks, and second, in the circumstances as far as possible, the heavy truck industry will be developed to the upstream and downstream. Shanxi big tooth and Liuzhou transport capacity Such companies are just in line with this kind of development thinking.†In response to the reporter’s guiding ideology on reorganization and development, Wang Wenyu, Senior Specialist of China National Heavy Duty Truck Group, said.
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