On December 18, the 2026 Partner Conference of Shandong Heavy Industry and SINOTRUK Group, themed "Technology-Driven, Win-Win Across the Entire Value Chain", was successfully held at Shandong International Convention and Exhibition Center.Ye Jianjun, Deputy Party Secretary, Director and Chairman of the Trade Union of Shandong Heavy Industry Group, attended the conference and presented awards to outstanding partners. Liu Zhengtao, Secretary of the Party Committee and Chairman of SINOTRUK Group, delivered a speech; Liu Wei, Deputy Party Secretary and General Manager of SINOTRUK Group, gave a keynote address. Over 3,000 partners gathered in Jinan, the City of Springs, to share the fruits of hard work with SINOTRUK and jointly draw up a new blueprint for future development.
Working Together for Brilliant Achievements
The conference commended and rewarded outstanding partners who had made remarkable achievements and outstanding contributions in 2025. In 2025, amid fierce market competition, partners and SINOTRUK forged ahead hand in hand and achieved brilliant results again: the annual consolidated revenue is expected to exceed RMB 225 billion, a year-on-year increase of 17%; the total vehicle sales are projected to surpass 450,000 units, a year-on-year growth of 25%.
Among them, SINOTRUK's heavy-duty truck production and sales volume exceeded 300,000 units, hitting a new historical high. It has not only maintained the top position in China's industry for four consecutive years, but also won the title of the world's top heavy-duty truck seller, opening a new era for the development of China's commercial vehicle industry.
In 2025, SINOTRUK carried out systematic upgrades to its product mix, marketing philosophy and business model, achieving all-round growth in the domestic market. Heavy-duty truck sales are projected to reach 150,000 units, a year-on-year increase of 33%; light-duty truck sales are estimated to hit 120,000 units, up 29% year on year; sales of VANs and pickup trucks surged 116% year on year; sales of new energy heavy-duty trucks and light-duty trucks are expected to jump 230% and 390% respectively from the previous year. The company continued to maintain leading market shares in both high-end and budget-oriented segments while achieving rapid growth.
In terms of exports, SINOTRUK achieved another historic breakthrough: annual heavy-duty truck exports exceeded 150,000 units, a year-on-year increase of 11%, maintaining its position as the top heavy-duty truck exporter in China for 21 consecutive years. Among these achievements, heavy-duty truck exports exceeded 15,000 units in September alone, setting a new historical record for China's heavy-duty truck exports. Meanwhile, SINOTRUK persisted in expanding its export product range, with light-duty truck export sales surging 161% year on year and after-sales parts export revenue growing 53% year on year, thus building a new strategic pattern of full-category overseas expansion.
Win-Win Cooperation Through Industrial Chain Integration, Forging a New Chapter
Facing the new journey of the "15th Five-Year Plan" period, SINOTRUK will firmly uphold its mission of "Empowering Better Equipment with Technology", unswervingly advance its strategic transformation towards greenization, digitalization, servitization, internationalization, diversification and high-endization. By 2030, the company strives to achieve the core goals of total vehicle sales of 800,000 units and consolidated group revenue exceeding RMB 400 billion, driving its full range of commercial vehicle brands to take the lead in the industry.
Looking ahead to 2026, SINOTRUK will work with all partners to share goals, explore markets and reap the rewards together. We will join hands to achieve win-win results across the entire value chain covering products, channels, policies, brands, services and ecosystems, and strive to hit the domestic vehicle sales target of 340,000 units. With a closer and more resilient "community of shared future", we will lay a solid foundation for forging ahead on the new journey of the 15th Five-Year Plan, pool synergy for SINOTRUK to stride across its centenary and march forward at full speed to become a world-class enterprise, and jointly create a brighter future for the high-quality development of China's commercial vehicle industry.
The conference innovatively adopted a scenario-based drama to officially launch the "Xiaozhong 1.0" SINOTRUK Advanced Intelligent Service System. Integrated with large AI model technology, this system can process complex needs in driving operations, maintenance inquiries, fault early warnings and behavior analysis in seconds, building an intelligent ecosystem covering the entire vehicle life cycle.
At the conference, SINOTRUK grandly unveiled new products including a new generation of heavy-duty trucks, covering new energy and traditional energy sources as well as multiple models such as heavy-duty trucks, light-duty trucks and light commercial vehicles.
At this conference, SINOTRUK exhibited more than 200 products covering its full range of commercial vehicles and assembly parts, comprehensively demonstrating the company's technological strength and innovative achievements. The conference will last for four days and hold a public open day on December 21st, inviting employees' families and the general public to visit the venue, immerse themselves in the charm of high-end equipment manufacturing, and jointly witness the forging ahead power of China's national automobile industry.