- CEO
- Hai Zhao
- Full Time Employees
- 6,934
- Sector
- Consumer durables
- Industry
- Motor vehicles
- Address
- No. 777, Laicheng Avenue Jinan SD China 271100
- IPO Date
- Nov 25, 1999
- Business
- Sinotruk Jinan Truck Co., Ltd. (000951.SZ) manufactures and sells heavy-duty trucks, heavy-duty special vehicle chassis, axles, engines, transmissions, assemblies and other automotive components and parts in China and for export; its core brands include Yellow River, SITRAK, HOWO, STEYR and others covering tractors, dump trucks, cargo trucks, mixer trucks, crane trucks, mining trucks, garbage trucks, buses and special-purpose vehicles. The company, founded in 1930 and headquartered in Jinan, Shandong Province, China, operates as a subsidiary of Sinotruk (Hong Kong) Limited under ultimate parent Shandong Heavy Industries Group Co., Ltd., with products serving domestic segments such as long-haul transport, construction, logistics, hazardous goods, express delivery and municipal services, as well as international markets in over 110 countries including Africa, the Middle East, Southeast Asia, Australia and Saudi Arabia. In 2024, the company achieved strong growth with heavy-duty truck sales projected at 105,000 units capturing 20.2% domestic market share, light truck sales at 95,000 units with 18.5% share, new energy heavy-duty truck sales surging 280% year-on-year to 8,600 units, overseas heavy-duty truck exports rising 4% to 135,000 units, total revenue exceeding RMB 194 billion up over 10%, R&D investment increasing 8% to RMB 3.1 billion, and launch of a new generation heavy-duty truck compatible with fuel, gas, hybrid, pure electric, methanol and hydrogen power sources.