Sinotruk Jinan Truck (SZ:000951)2024-06-04 10:31Group 1: Market Performance - In the first five months of 2024, China's heavy truck market sold approximately 431,000 units, representing a 7% increase compared to the same period last year [2] - In May 2024, heavy truck sales reached about 76,000 units [2] - The company has improved product quality and competitiveness, with production and sales performance exceeding industry levels [2] Group 2: Export Trends - The company relies on China National Heavy Duty Truck Group International Company for product exports, with a positive trend in overseas market sales [3] - Product export volumes have seen rapid growth in recent years, supported by the group's strong market presence and brand influence [3] - Heavy truck product exports have maintained good performance in 2024 [3] Group 3: Dividend Policy - The company has consistently increased its dividend payout ratio over the past five years, reaching 50% for the 2023 fiscal year [3] - Future dividend ratios will be determined by considering market conditions, operational performance, cash flow, and funding needs for development [3]