2024-09-09 09:25Group 1: Heavy Truck Industry Outlook - In the first seven months of 2024, the heavy truck industry sold approximately 563,000 units, representing a year-on-year growth of 2.4% [1] - The heavy truck market is expected to experience stable growth throughout 2024, driven by domestic demand and policy support [1] - The penetration rate of natural gas heavy trucks is anticipated to remain high, with significant opportunities for market expansion in exports [1] Group 2: Weichai Lovol Smart Agriculture Performance - In the first half of 2024, Weichai Lovol Smart Agriculture sold approximately 77,000 units of various agricultural machinery, marking a year-on-year increase of 17.5% [3] - The revenue from agricultural machinery reached approximately 9.8 billion yuan, reflecting a year-on-year growth of 28.1%, achieving the best historical performance for the same period [3] - Net profit for the agricultural segment was around 560 million yuan, with a year-on-year increase of 34.8% [3] Group 3: Smart Logistics Business Performance - In the first half of 2024, the German KION Group, a subsidiary, achieved revenue of approximately 5.74 billion euros, a year-on-year increase of 2.1% [3] - Forklift business revenue was about 4.31 billion euros, while supply chain solutions generated approximately 1.45 billion euros [3] - The net profit for KION Group was around 180 million euros, reflecting a year-on-year growth of 24.1% [3]