中国重汽再涨超4% 11月国内重卡销量同比增长46% 全年有望突破110万辆

Core Viewpoint - China National Heavy Duty Truck Group (China National Heavy Duty Truck) shares rose over 4%, reaching HKD 29.14, with a trading volume of HKD 71.04 million, reflecting positive market sentiment driven by strong sales data in the heavy truck sector [1] Industry Summary - In November, China's heavy truck market sold approximately 100,000 units, representing a significant year-on-year increase of about 46% [1] - Cumulatively, from January to November, the heavy truck market in China achieved total sales of 1.03 million units, marking a year-on-year growth of approximately 26% [1] - The total sales volume of heavy trucks is nearing 1.1 million units [1] Company Summary - China National Heavy Duty Truck's management reported that the company is on track to meet its annual sales target of 300,000 units [1] - The company is steadily advancing its sales and profit margin goals for 2025, with a cautious capital expenditure plan of no more than RMB 2 billion per year from 2025 to 2027, focusing on overseas production base development in countries like Kazakhstan, Brazil, and Indonesia [1] - The company anticipates a dividend payout ratio of no less than 55% for the years 2025 to 2027 [1]