Core Insights - The China National Heavy Duty Truck Group (CNHTC) held its 2025 Global Partner Conference in Qingdao, focusing on showcasing its product range and technological capabilities across seven core application scenarios [1][6][22] Financial Performance - In the first nine months, CNHTC achieved a consolidated revenue of $22.89 billion, a year-on-year increase of 14.9%, and sold 335,000 vehicles, up 22.8% [3] - The heavy truck export volume reached 111,000 units, marking a 24.5% increase, with September exports surpassing 15,000 units, setting a new monthly record for the industry [3] Strategic Direction - CNHTC is committed to five transformation strategies: green, digital, service-oriented, international, and diversified, aiming to provide high-quality commercial vehicle solutions [5] - The company plans to export 250,000 heavy trucks, 100,000 light trucks, 50,000 light vehicles, and 3,000 mining trucks by 2030, with a target of $1 billion in overseas aftermarket revenue [5] Product Showcase - The conference featured over 30 vehicles across seven application scenarios, including end-to-end logistics, infrastructure, mining, comprehensive logistics, comfortable living, special operations, and new energy [1][6] - The new energy section highlighted flagship products like the pure electric Shandeka G7H and hybrid models, showcasing a comprehensive technology system aimed at zero-carbon transportation [8][10] Application Scenarios - In the end-to-end logistics section, the Shandeka C9H and C3 electric light truck were showcased for their efficiency and high performance [10] - The infrastructure section introduced the HOWO TX PRO and Shandeka G7S, optimized for heavy-duty construction tasks [12] - The mining section presented the Huanghe 135 and new generation Shandeka heavy-duty electric dump trucks, emphasizing their robust design for high-intensity operations [14] - The comprehensive logistics section featured the HOWO T3H refrigerated truck, which boasts an impressive fuel efficiency improvement of over 11.8% [16] - The comfortable living section highlighted customized vehicles like the VAN business travel version and S9 off-road pickup, catering to diverse user needs [18] - The special operations section introduced the Shandeka 6X6 all-wheel drive tractor and HOWO TX all-wheel drive dump truck, designed for extreme conditions [20]

Core Insights - The recent global partner conferences held by Shandong Heavy Industry and China National Heavy Duty Truck Group focused on themes of technological empowerment and global collaboration, gathering 620 partners from 97 countries to discuss industry trends and future strategies [1][3]. Group 1: Strategic Leadership - 2025 is identified as a pivotal year for the transformation and high-quality development of China's commercial vehicle industry, with significant growth in new energy vehicle sales, which increased by 300% year-on-year from January to September [3]. - China National Heavy Duty Truck Group achieved the world's highest production and sales volume of heavy trucks in the same period, marking a new milestone in the global commercial vehicle industry [3]. Group 2: Future Upgrades - The company plans to collaborate with global partners to advance three core upgrades: comprehensive product upgrades, lifecycle win-win upgrades, and a fully upgraded marketing system [5]. - The focus will be on expanding the entire series of commercial vehicle businesses and deepening engagement in the aftermarket and vehicle lifecycle sectors [5]. Group 3: Industry Solutions - The exhibition showcased immersive application scenarios across seven core areas, including logistics, infrastructure, mining, and new energy, highlighting the company's product and innovation capabilities [5]. - The new energy section featured flagship products designed for diverse operational scenarios, promoting a mature and comprehensive new energy technology system aimed at achieving zero-carbon transportation [5]. Group 4: Product Highlights - The showcase included advanced vehicles such as the HOWO TX PRO and the Shandeka G7S, optimized for construction and mining operations, demonstrating enhanced performance under extreme conditions [10][12]. - The HOWO T3H refrigerated truck was highlighted for its significant fuel savings of over 11.8%, making it a preferred choice for cold chain logistics [15]. Group 5: Commitment to Collaboration - The conference emphasized the importance of global partnerships in achieving a green, efficient, and intelligent future for commercial vehicles, reflecting the company's commitment to collaborative growth [23].