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Sinotruk Announces Delay in Dispatch of Key Financial Circular
SINOTRUK (000951.SZ): The market share and overall profitability of the company's products have achieved steady improvement.
According to Gelonghui on January 15, SINOTRUK (000951.SZ) stated in its investor relations that, based on data from the China Automobile Association, the sales of various heavy-duty truck models in China's market will be 901,700 units in 2024, reflecting a year-on-year decrease of 1.03%. The company expects to maintain growth in both production and sales in 2024, which is overall better than the Industry level. Meanwhile, the market share and overall profitability of the company's products have steadily improved. As we enter 2025, based on the company's production scheduling over the past two weeks, production is being carried out in an orderly manner and maintaining a stable trend.
Hong Kong Stock Concept Tracking | Seven provinces reduce highway tolls for hydrogen energy vehicles, the application of Hydrogen Energy expands in multiple Industries (including concept stocks).
Seven provinces are exempting toll fees for hydrogen energy vehicles to support the accelerated development of the hydrogen energy industry.
In December, a total of 15,200 domestic new energy heavy trucks were sold, a month-on-month increase of 51% and a year-on-year increase of 146%.
It is worth mentioning that the New energy Fund heavy-duty truck market has seen a year-on-year growth rate exceeding 100% for 10 consecutive months, with an average monthly growth rate of 140% in 2024.
CICC: The auto market will be prosperous in 2024, and the continuation of trade-in for new vehicles is expected to support domestic demand in 2025.
The old-for-new policy in 2025 is expected to support the annual domestic demand for Passenger Vehicles.
Is Sinotruk (Hong Kong) Limited's (HKG:3808) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Here's What's Concerning About Sinotruk (Hong Kong)'s (HKG:3808) Returns On Capital
