China National Heavy Duty Truck strives to build a national car brand

National People's Congress and Chairman of China National Heavy Duty Truck Group Ma Chunji said during the "two sessions" that it is necessary to seize the current opportunities in the auto market, actively implement industrial upgrading, and create national car brands.

Ma Chunji said that for the commercial vehicle market, this year is an adjustment year, and the downward trend is obvious, but it will not change dramatically. This adjustment has brought about the opportunity for industrial upgrading, thus achieving technology upgrades and enterprise upgrades. It has also brought new pressure on companies in technological innovation, management innovation, and improvement of personnel quality.

Ma Chunji further stated that the so-called pressure mainly comes from insufficient market demand and instability in the international market. "If our management level, control capability and product level have not been correspondingly increased, we will have to defeat the fierce competition."

Ma Chunji told reporters: "At the beginning of last year, China National Heavy Duty Truck proposed to carry out optimization and adjustment to implement the great project of the second venture. The second venture is from quantitative change to qualitative change. If we say that we have achieved quantitative growth before, then During the 25th Five-year Plan period, we are looking forward to a substantial increase in quality."

Ma Chunji stressed that China National Heavy Duty Truck carried out optimization and adjustment, and implemented the second venture. Specifically, the product should open up five new product areas based on simple heavy-duty vehicles, and develop into a heavy-duty vehicle-oriented, heavy, light, and passenger vehicle. Special, engineering machinery, a full range of commercial vehicles. Through last year's work, China National Heavy Duty Truck has achieved positive results.

Ma Chunji predicts that heavy-duty vehicles will account for 60%-70% in the future, and other vehicles will account for 35%. By the end of the "Twelfth Five-Year Plan," China National Heavy Duty Truck will become a commercial vehicle company with a million- To the advanced level in the world, other products strive to be domestic first-rate.

At the same time, Ma Chun-chi believes that all of the above are undoubtedly to say that Sinotruk is to be a national brand, to be an international brand, and to have a place in the world.

Ma Chunji introduced that in the past two years, despite the complicated situation in foreign countries, Sinotruk’s overseas exports have maintained a steady growth - over 20,000 cars were sold last year, and foreign exchange earnings from exports increased by 80%. China National Heavy Duty Truck Corporation will divide the international market into six major regions and establish a marketing service network. This year, it will continue to do a good job of network upgrades and improvements to achieve true "going global."

When talking about new energy vehicles, Ma Chunji said that the application of new fuels to heavy trucks has achieved initial results and has received good results. Gasoline vehicles, in particular, have become a bright spot for China's heavy-duty trucks since last year. In the next step, companies will also conduct in-depth research on this issue, upgrade their technological level, and expand their market segments.

In passenger cars and light vehicles, Ma Chun-chi pointed out that Sinotruk will also actively promote new energy vehicles and form product highlights during the “Twelfth Five-Year Plan” to achieve certain benefits.

In addition, when referring to the issue of excessive tax burden on enterprises, Ma Chunji said that the use of financial means to support the real economy and people's livelihood, including support for environmental protection and other industries and infrastructure construction, are all aspects of active fiscal policy. To promote industrial development, we must earnestly study and support tax policies for large enterprises and small and micro enterprises, and gradually solve the higher tax burden.

Finally, Ma Chun-Ji admitted frankly that many car companies face the problem of high interest and financing costs. Excessive tax burdens and excessively high financing costs inhibit the ability to independently innovate. From a corporate perspective, Ma Chunji hopes that the country will begin to resolve these issues as soon as possible.

"We must increase the capital investment in state-owned assets, reduce the tax burden on independent innovation products, and gradually control the high cost of financing under the premise of controlling the scale of credit, which will benefit the long-term development of the country," said Ma Chunji.