开放•共享：共启科技盛宴 此次公众日开放活动，不仅是一次简单的企业参观，更是一场"可触摸、可互动、可带走"的品牌深度体 验之旅。 活动现场以"全景式、沉浸式"展览体验区为核心，系统呈现了中国重汽在新能源、数智化、自动驾驶等 关键领域的最新成果。从数智化解决方案展区到新能源整车及核心技术展示，从汕德卡、豪沃等明星产 品矩阵到覆盖重、中、轻、微、客、特全系列商用车的完整产业链布局——参观者仿佛步入一座移动 的"科技博物馆"，亲眼目睹中国重汽覆盖全场景、全产业链的强大产品矩阵与硬核技术实力。 转自：新华财经 12月21日，"科技引领 全链共赢"山东重工中国重汽集团2026年合作伙伴大会公众开放日在济南落幕。 本次活动共吸引1万余人现场体验，近距离感受重汽产品的澎湃力量，共同见证中国重汽的科技突破与 人文情怀。 图为公众开放日活动现 场 中国重汽在开放中展现的，不仅是技术创新成果，更是一种开放、包容、共享的品牌姿态。让公众走进 来，让品牌价值走出去——这场活动成功将每一位参观者转化为"品牌价值的传递者"，将技术创新、品 质坚守、责任担当的品牌基因，通过深度体验和情感共鸣的方式，深植于公众心中。 连接•共鸣：讲述品牌温 ...

12月21日，济南的冬意被一场别开生面的盛会驱散——"科技引领 全链共赢"山东重工中国重汽集团2026年合作伙伴大会公众开放日如约而至。活动现 场人流如织，超过一万名中国重汽员工、家属及济南市民汇聚一堂，近距离触摸"中国制造"的脉搏，共同感受一家领军企业厚重历史与人文温度的交融。 "我们希望通过开放日，让大家看到的不只是车，更是车背后的人、技术、故事与情怀。"活动现场，中国重汽工作人员表示，"让公众了解中国重汽， 让员工家属理解亲人的工作，让市民为家乡企业自豪，这是我们举办此次活动的深层意义。" 自豪感在对话中流淌 在采访中，浓浓的归属感与自豪感成为贯穿始终的情感主线。 "我爸爸在重汽干了二三十年，今天终于能深入地感受到爸爸的工作场景，太震撼了！"一位中国重汽职工家属兴奋地说，"以前只知道爸爸是'造大卡 的'，今天看到这么多先进的科技和巨大的成就，我特别为他骄傲。" SIN 2001 中 Member of SDHi Group - 山东重工中国重大集团202 SPHI SINOTRUK 2026 PARTN r 作伙伴 ONFERE 打开大门赢得人心 此次中国重汽举办的"公众开放日"，在国内商用车行业尚属首 ...

转自：智通财经 当行业竞争进入生态化博弈、客户价值需求持续升级，当新能源与智能化转型成为时代主旋律，中国重 汽始终稳立潮头，以一系列硬核成就持续定义行业标杆：重卡产销量全球第一、连续21年出口销量第 一、十大细分市场销量第一……这一系列"第一"的背后，是中国重汽对市场需求精准洞察、对科技创新 坚定投入、对全球布局深度耕耘的综合体现。 本次大会以"科技引领 全链共赢"为主题，以新能源、新业态为核心，旨在打造一个深度聚焦用户"买、 用、管、养、换"全生命周期价值的共创平台，实现上、下游全生态链的价值共创和整体跃升。 而今，站在新的起点，中国重汽即将开启一场汇聚行业智慧、共塑未来格局的重量级盛会——山东重工 中国重汽集团2026年合作伙伴大会，将于12月18日正式拉开帷幕！这场聚焦行业高度关注的盛会，将会 释放哪些重塑认知的行业信息？又将如何描绘商用车产业的全新图景？值得期待！ 唯有共赢，方能致远。中国重汽以开放协同为抓手，以创新共赢为要领，赋能所有伙伴在科技进步的浪 潮中获得新发展动能。12月18日，让我们共同期待这场以"科技引领 全链共赢"为主题的行业盛会，看 其如何以实力与智慧，点燃商用车高质量发展的新引擎！ ...

Summary of China National Heavy Duty Truck Group (CNHTC) Conference Call Industry Overview - CNHTC is a leading player in the domestic heavy-duty truck industry, benefiting from the replacement cycle, domestic demand policies, and increasing penetration of new energy vehicles [2][6][12] - The heavy-duty truck market is expected to see a peak in vehicle replacements driven by policies, particularly for scrapping older vehicles [2][14] Company Performance and Financials - CNHTC has maintained the highest market share in China since 2022, optimizing its product structure towards high-value models like tractors, which has improved profitability [2][8] - The company reported a robust financial performance with an increase in gross margin and a decrease in operating expenses [2][11] - Revenue target for 2025 is set at 109.1 billion yuan with a profit margin of 8% [2][10] Growth Drivers - The demand for heavy-duty truck replacements is primarily policy-driven, with significant subsidies for replacing older vehicles with new energy trucks [2][14] - Export markets are expanding, particularly in regions outside of the US and Europe, with a focus on Australia, the Middle East, Africa, Southeast Asia, and Latin America [2][15][20] - The penetration of new energy heavy-duty trucks is expected to rise significantly, with projections indicating a market share of nearly 20% by 2024 [2][23] Competitive Advantages - CNHTC benefits from a strong partnership with Weichai Power, providing technological and financial support [2][7] - The company has a diversified ownership structure that enhances its competitive edge in the market [2][7] - CNHTC's vehicles are competitively priced, often at half the cost of similar foreign products, which strengthens its position in international markets [2][15] Market Outlook - The overall market for heavy-duty trucks is expected to grow, with a projected sales increase of 16% in 2025, reaching 1.04 million units [2][18] - The company is well-positioned to capture growth in emerging markets, particularly in regions with rapid infrastructure development [2][21][22] Investment Considerations - CNHTC's valuation is relatively low compared to its A-share counterparts, with a projected compound profit growth rate of 15% and a valuation of less than 8 times earnings by 2025 [3][25] - The company offers a high dividend yield of approximately 7% in the Hong Kong market, making it an attractive investment option for both growth and income [9][25] Future Goals - The company aims to achieve a revenue target of 125.5 billion yuan by 2026, with a profit margin of 8.5% [10][26] - The management is focused on driving performance improvements and profit growth through strategic initiatives [10][26]