CIMC VEHICLES(SZ:301039)2023-09-05 10:08Group 1: Business Model and Strategy - The company has established a "cross-ocean operation and local manufacturing" business model, combining direct sales and distribution to expand customer base and secure orders [2] - The company is optimizing its organizational structure and strategic direction to enhance operational efficiency and expand business in the light truck sector [3] - The company has over 600 R&D personnel and more than 1,400 registered patents, contributing to significant technological innovations [3] Group 2: Market Expansion and Growth - The company aims to integrate resources from 7 semi-trailer factories to significantly increase market share, sales, and profits in the domestic semi-trailer market [4] - Emerging markets are experiencing rapid growth in infrastructure and logistics demand, presenting high growth opportunities for the company [4] - The company is actively expanding into Southeast Asia, the Middle East, South Africa, and Central America to capitalize on growth opportunities in emerging markets [4]