TIBET SUMMIT(SH:600338) 第一商用车网·2025-09-28 07:00Core Viewpoint - The domestic natural gas heavy truck market showed signs of recovery in August 2025, with sales reaching 16,700 units, a year-on-year increase of 36%, ending a five-month decline [1][4][13]. Group 1: Market Performance - In the first eight months of 2025, cumulative sales of natural gas heavy trucks reached 122,200 units, representing a year-on-year decline of 12%, with a net decrease of approximately 16,700 units compared to the same period last year [1][17]. - The sales of natural gas heavy truck engines in August 2025 were 16,700 units, marking a 36% increase year-on-year, and surpassing the sales from August 2024 by over 6,600 units [4][13]. Group 2: Engine Specifications - The main displacement ranges for natural gas heavy truck engines in the first eight months of 2025 were 12-13L and 14-15L, accounting for 42.60% and 40.07% respectively, while engines over 15L accounted for 3.80% [6]. - In terms of horsepower, the primary ranges were 400-500 horsepower and 500-600 horsepower, comprising 37.34% and 44.76% of the market, with super high horsepower (≥600 horsepower) models accounting for 15.48% [9][10]. Group 3: Market Share and Competitors - In August 2025, five companies sold over 1,000 units of natural gas heavy truck engines, with Weichai leading with 9,048 units and a market share of 54.17%, marking its eighth consecutive month at the top [15]. - For the first eight months of 2025, Weichai sold 63,400 units, holding a market share of 51.88%, while Cummins (Fukang + Dongkang) sold 24,100 units with a market share of 19.75% [21]. Group 4: Future Outlook - The natural gas heavy truck market has shown signs of recovery in August, but the cumulative decline of 12% raises questions about the potential for a turnaround in the remaining months of 2025 [27]. - The market currently has only eight active participants, prompting speculation about the possibility of new entrants in the future [27].