China National Heavy Duty Truck: Do not give up the reorganization of the bus, have brewing


On the morning of the 20th, CNHTC Group and China National Heavy Duty Truck (Hong Kong) Co., Ltd. 2010 business conference was held in Shandong Building. After the meeting, China National Heavy Duty Truck Group Chairman Ma Chun-chi revealed to reporters that China National Heavy Duty Truck did not abandon the restructuring of the passenger bus , still "has brewing."

China National Heavy Duty Trucks has attracted a lot of attention at the latest bus passenger car prototype at this business conference. Cai Dong, president of China National Heavy Duty Truck , said that Sinotruk has never given up on the production of passenger vehicles. At present, there are several buses operated by Sinotruk in Beijing and Jinan. The passenger cars produced by China National Heavy Duty Truck are relying on the German car company TGA vehicle technology and have achieved technological breakthroughs in gearboxes, suspensions, and natural gas engines.

The reporter noticed that at present, China National Heavy Duty Truck has set up a passenger car division, which is located in Wuyingshan Middle Road, Jinan, but its subordinate bus business advantage is not obvious. The bus company originally located in Huangtai, Jinan has become a parts processing base and no longer produces passenger vehicles. However, neither Cai Dong nor Li Fujun, general manager of the Bus Division, disclosed the production of the prototype cars displayed at the business conference.

There is news that the beginning of 2009, China National Heavy Duty Truck intends to acquire capital means passenger vehicle business, broaden the product line, the object directed at restructuring Shandong giant bus - the bus pass.

When China National Heavy Duty Truck Co., Ltd. once again started to produce passenger cars, does it mean that it will abandon the restructuring of the passenger bus and use it to enter the field of passenger cars? In this regard, Ma Chunji said, "This is not necessarily."

Ma Chunji told reporters, "There is no definite news about the reorganization of Zhongtong Bus , but it is brewing." In the capital market in the coming year, "China Heavy Duty Truck will also be actively operating to create more new advantages. The direction of integration. It will mainly focus on improving the industrial chain."

According to the analysis, the restructuring of Sinotruk and Zhongtong Bus can complement each other, unify the passenger car resources in Shandong Province, and maximize the resources and benefits. In addition to achieving technology, parts and components sharing, and platform production, it is also possible to take advantage of the scale advantages, personalized product design advantages, and marketing network advantages of Zhongtong Bus.

From January to November this year, China National Heavy Duty Truck sales revenue exceeds 50 billion yuan, and the annual output will reach 125,000. To achieve the goal of doubling sales revenue and exceeding 100 billion yuan by the end of the "Twelfth Five-Year Plan," the compound annual growth rate must be maintained at more than 15%. Obviously, this goal can be achieved more easily through restructuring and mergers and acquisitions. As a regionally-recognized regional merger and reorganization enterprise, China National Heavy Duty Truck Group has not yet undertaken major regional cooperation in Shandong Province. Its 2010 capital trends are of concern.

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