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the world’s leader in the sophisticated manufacturing of semi-trailers and specialty vehicles

Vehicles

CIMC Vehicles (Group) Co.,Ltd. (CIMC Vehicles)(Stock Code: 301039.SZ/01839.HK) started to produce and sell semi-trailers in 2002. It has ranked first in terms of sales volume of semi-trailers in the world for 10 consecutive years since 2013.

In 2022, the market share of semi-trailers of the Company in China increased to 14.45%, and the Company ranked first in China for the fourth year in a row. Market Share of SDC in UK ranked first. Market The Company ranked first in China in terms of the sales volume of concrete mixer trucks for the sixth year in a row and had 26.32% of the market in China.

“Intercontinental Operation, Local Manufacturing”is the Company’s most valuable competitive advantage, and it is the key to maintaining sustained growth and leading position in the global semi trailer industry.

By the end of 2022, the Company has more than 600 technical R&D personnel around the world, more than 1,400 registered patents, and has led or actively participated in the formulation of 30 national and industry standards for semi-trailer and truck bodies in China.

The Company has been exploring the construction of a "Sophisticated Manufacturing System" since 2014. At present, the Group has globally established 14 “Light Tower” Plants for the production of semi-trailer, 7 “Light Tower” Plants for the production of truck bodies of specialty vehicles, and 3 “Light Tower” Plants for the production of Lightweight van trucks bodies. In the future, the Company will deepen the construction of the “Light Tower Manufacturing Network”, Utilizing newly upgraded production lines and equipment to improve production efficiency, reduce product production costs, achieve comprehensive production automation, intelligence, and digitization, effectively connect the six major businesses or groups in the long run, and provide guarantees for business development.

Key Businesses


The Company had six major businesses or groups, namely “Light Tower Pioneer Business”, “North American Business” and “European Business” engaged in the global semi-trailer market, “Champion Tanker Business Group” with a focus on sophisticated manufacturing of truck bodies for specialty vehicles and van truck bodies, “TB Business Group – Dump Truck Business” and “TB Business Group – Urban Distribution Van Truck Bodies Business”, covering four major markets in the world, more than 40 countries and regions, and had 24 “Light Tower” Plants at home and abroad.

Keywords
Semi trailer, container chassis trailer, warehouse rail semi-trailer, side rail semi-trailer, tank semi-trailer, refrigerated semi-trailer, box semi-trailer, urban dump truck, dump truck, concrete mixer truck, urban dry van body, refrigerated van body

CIMC Vehicles (Group) Co., Ltd.

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