2025-11-21 07:32Group 1: Market Performance - In the first three quarters of 2025, the Chinese semi-trailer market saw sales of 100,000 units, representing a year-on-year growth of 10.2% [2] - The revenue from the Starlink semi-trailer and tank truck market in China increased by 16.3% year-on-year, with a gross margin improvement of 2.6 percentage points [3] - The North American semi-trailer market demand remained weak in Q3 2025, with new order volumes at historical lows due to uncertainties from U.S. tariff policies [3][4] Group 2: Strategic Initiatives - The company is implementing the "Big White Bear Plan" to enhance global supply chain resilience and maintain strategic focus amidst external challenges [4][5] - The establishment of the "Western Great Camp" integrated marketing service company aims to address competitive pressures in the northwest region [3] - The company is actively constructing high-end chassis and upper assembly component factories in Europe to ensure stable supply and product reliability [7][8] Group 3: Product Development - The "Hannover Plan" has defined the product technology platform for electric head trailers, with prototypes for electric dump trucks and concrete mixers developed [6] - Future plans include the comprehensive construction of EV-RT and EV-ALFA+ operational support bases, and the exploration of automation and robotics for EV-Trailer installations [6] - The company aims to create a closed-loop ecosystem for electric head trailers, focusing on commercial models, technology, and application scenarios [6]