Core Viewpoint - China National Heavy Duty Truck Group (China National Heavy Duty Truck) shares rose over 4%, reaching HKD 24.32, with a trading volume of HKD 24.1759 million, indicating positive market sentiment towards the company [1] Industry Summary - As of September 2025, the heavy truck market in China is expected to sell approximately 105,000 units (wholesale, including exports and new energy), representing a month-on-month increase of 15% and a year-on-year growth of about 82% [1] - The heavy truck market has experienced six consecutive months of growth, reflecting a recovery in economic conditions [1] - Guotai Junan Securities suggests that with the economic recovery and the introduction of the "old-for-new" policy for heavy trucks in 2025, domestic heavy truck sales are likely to gradually rebound [1] - The growth potential in the heavy truck industry remains, driven by domestic market recovery and continuous growth in exports [1] - The development of natural gas heavy trucks is expected to raise industry entry barriers, which may enhance the profitability of leading companies [1]