2024-09-04 00:46Group 1: Heavy Truck Industry Outlook - In the first half of 2024, the heavy truck industry sold approximately 504,000 units, representing a year-on-year growth of 3.3% [1] - The heavy truck market is expected to experience stable growth throughout 2024, driven by replacement cycles and policy support [1] - The penetration rate of natural gas heavy trucks is anticipated to remain high, with a positive outlook for the domestic market [1] Group 2: Large Bore Engine Business Performance - The sales of the M series large bore high-speed engines reached approximately 3,600 units in the first half of the year, remaining stable compared to the same period last year [3] - The company expects a steady year-on-year growth in large bore engine sales for the entire year, with significant product structure optimization [3] - The development of global data center businesses presents a favorable outlook for the large bore engine industry, with the company maintaining sufficient production capacity [3] Group 3: Measures to Achieve 2024 Equity Incentive Goals - The sales profit margin for the first half of 2024 was 7.9%, close to the annual equity incentive target [3] - The company plans to adjust product structures to enhance market share of high-margin products such as natural gas heavy truck engines and large bore engines [3] - Continuous improvement in operational quality across various business segments is aimed at enhancing profitability and achieving stable growth [3]