China National Heavy Duty Truck Group outlines vision for 2024

(chinadaily.com.cn)| Updated : 2024-01-08

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China National Heavy Duty Truck Group recently convened its 2024 partner conference in Shijiazhuang, Hebei province, unveiling a vision centered on mutual prosperity. 

Tan Xuguang, the executive of the group, joined by dignitaries and partners, highlighted the company's stellar achievements in 2023 — a 44-percent increase in revenue and a 191-percent surge in profits compared to those of 2022.

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Thousands of participants convene in the conference. [Photo provided to chinadaily.com.cn]

Aiming to continue increasing profitability along with partners in all fields, Tan pledged to tackle 2024 challenges with five commitments: optimizing product value, ensuring the highest vehicle attendance and operational efficiency, enhancing customer driving experience, providing advanced safety and environmental solutions, and offering convenient and efficient family services.

The event showcased the new management team's determination to propel the group into a powerhouse with global markets. The Jinan-Laiwu digitalized industrial base, in which the group has invested tremendously, has become fully operational, producing goods at world-class standards.

Addressing the potential headwinds of international market dynamics and domestic structural adjustments expected in 2024, Tan expressed confidence in expanding the group's global reach. The company is strategically positioning itself in overseas markets, setting the stage for fierce competition against top international rivals.

The conference, attended by 1,910 partners and nearly 3,000 participants, marked a deepening of ties between the group and its valued partners. The shared commitment to deliver more profits and products forms the foundation for future collaboration, creating a win-win situation.

The event's ambiance was warmed by the glow emanating from a comprehensive showcase of 78 vehicles and 50 components made by the group, featuring cutting-edge technologies in commercial vehicles.