Sinotruk Jinan Truck (SZ:000951)2024-02-02 09:25Group 1: Industry Performance - In 2023, the heavy truck industry in China sold over 91,000 units, with a growth rate of 35% [2] - The company's production and sales in the second half of 2023 slightly exceeded those in the first half, with strong growth in heavy truck exports [2] Group 2: 2024 Industry Outlook - The heavy truck industry is expected to maintain slight growth in 2024, supported by the ongoing recovery of the domestic economy and export demand [3] - The company anticipates a positive performance for natural gas heavy trucks, particularly in the tractor segment, as the price gap between oil and gas widens [3] Group 3: Dividend Planning - The company emphasizes shareholder returns and will consider market conditions, operational performance, cash flow, and future funding needs to determine a reasonable dividend ratio for 2023 [3] Group 4: New Energy Heavy Trucks - In 2023, the heavy truck industry saw sales of 34,000 new energy vehicles, with a penetration rate of 5.7% [3] - The company plans to optimize its new energy products and expand market share through its subsidiary focused on new energy vehicles [3]