- Business
- Sinotruk (Hong Kong) Limited is an investment holding company primarily engaged in the research, development, manufacture and sale of heavy-duty trucks, medium- and light-duty trucks, buses, special-purpose vehicles and related assemblies including engines, transmissions and axles. The company offers a comprehensive portfolio of commercial vehicles under brands such as HOWO, SITRAK, HOHAN, HOMAN, STEYR, WANGPAI, FOLOR, Yellow River, Haowo light trucks and Wangpai; these encompass tractor trucks, dump trucks, cargo trucks, concrete mixers, engineering vehicles, dedicated vehicles, light trucks, passenger vehicles and new energy models including pure electric, hydrogen fuel cell and hybrid powertrains tailored for logistics, construction, mining, ports, steelworks and urban distribution. It also provides key components like axles and transmissions, truck refitting services, and financial services such as deposit taking and supply chain financing; products serve infrastructure, construction, logistics, mining, steel, chemical and municipal sectors, with exports to over 110 countries across Africa, Southeast Asia, the Middle East, Europe, the Americas and beyond. Founded in 2007 and headquartered in Jinan, Shandong Province, China, Sinotruk (Hong Kong) Limited operates multiple production bases including facilities in Jinan and Chengdu, with an annual capacity exceeding 200,000 heavy trucks, and remains a subsidiary of China National Heavy Duty Truck Group Co., Ltd. (CNHTC), which holds a controlling 51% stake. In recent developments, the company renewed key connected transactions with CNHTC and Weichai Holdings effective from 2026 to support ongoing operations and supply chain integration; it continues to expand its new energy vehicle lineup with full-series offerings across multiple fuel types and maintains a leading approximately 30% market share in China's heavy-duty truck segment as of 2023.