Shandong Heavy Industry Group is anchoring its goal of becoming a "manufacturing powerhouse" and a "digital China", accelerating the digital transformation of enterprises, and creating an intelligent benchmark for the high-end equipment industry. In the first half of 2025, the total revenue reached 289.8 billion yuan, a year-on-year increase of 6%; The total profit was 14.97 billion yuan, a year-on-year increase of 6.9%, maintaining a leading position in the industry and taking the lead among Shandong provincial enterprises, continuing to maintain a stable and positive development trend. Of particular note is that its heavy truck sales reached 212000 units, with a market share soaring to 40.9%, maintaining its position as the world's number one, and its subsidiary, China National Heavy Duty Truck Group, firmly holds the top spot in China's heavy truck industry. Behind this series of impressive achievements, Shandong Heavy Industry cannot do without its deep cultivation and outstanding results in innovation driven, market expansion, industrial transformation and other aspects.
Innovation driven breaking down technological barriers
Innovation is the core driving force behind the vigorous development of Shandong Heavy Industry. In the field of new energy and diversified power systems, Weichai has developed rapidly and demonstrated strong leadership capabilities. The Weichai (Yantai) New Energy Power Industrial Park, built this year, is one of the world's largest production bases for new energy products, with an annual output of up to 50GWh, injecting strong impetus into the development of the new energy commercial vehicle industry. At the same time, Weichai's new generation gas power WP16NG4.0 product has been strongly launched. From 1.0 to 4.0, Weichai's gas power product iteration cycle has been continuously shortened, and the iteration speed has continued to accelerate. Now, its market share in the gas power market has exceeded 60%, firmly occupying the dominant position.
China National Heavy Duty Truck Group has also made multiple technological breakthroughs in the development of traditional energy products, new energy products, and intelligent connected products. It has successively released new products such as Shandeka G7H gas tractor, HOWO TS7 dump truck, and 2025 model fierce fighter. China National Heavy Duty Truck Group (Sinotruk) adopts a parallel research and development system with independent innovation as the main approach and industry university research cooperation as the auxiliary approach. In the development of new energy products, Sinotruk has formed a core advantage in the independent and positive development of new energy power systems, as well as the overall power economy of new energy commercial vehicles. Multiple key core technologies of electric drive axles have achieved innovative breakthroughs, reaching the international advanced technology level and realizing industrial application. At present, China National Heavy Duty Truck Group's new energy products have covered various technological routes such as charging, battery swapping, and fuel cells, which can meet the operational needs of different application scenarios.
In the agricultural equipment sector, Weichai Lovol Smart Agriculture is also led by innovation and has released the first "Smart Farm Integrated Solution" in China that connects the entire chain of smart agriculture data. With the help of AI models, it has connected various links such as farmland data and artificial intelligence decision-making, intelligent agricultural machinery operation, and inter field management, and built a smart agriculture full chain ecology, contributing important strength to the modernization process of agriculture in China.
Market dominance continues to rise in market share
In the fiercely competitive industry battlefield, Shandong Heavy Industry Group has achieved remarkable results through outstanding product quality and precise market strategies. In the heavy truck market, China National Heavy Duty Truck Group (Sinotruk) has performed exceptionally well, relying on its full range of product matrices to take the lead in multiple segmented markets such as express delivery, cold chain transportation, and containers, and continues to lead the domestic heavy truck industry.
In the field of new energy heavy-duty trucks, Shandong Heavy Industry has shown an astonishing development speed. In the first half of the year, the sales of new energy heavy-duty trucks soared, with a year-on-year increase of 242%, ranking first in the industry. China National Heavy Duty Truck Group (Sinotruk) has achieved full coverage of new energy technology and has shown outstanding performance in six major application scenarios. It has continuously made innovative breakthroughs in three electric technology and vehicle technology, accelerating its lead in the commercial vehicle new energy track with a surging momentum. In the first half of the year, Sinotruk sold 11000 new energy heavy trucks, a year-on-year increase of 230%, and 5000 new energy light trucks, a year-on-year increase of 294.1%.
Shandong Heavy Industry Group has continuously optimized its overseas market layout and achieved significant results. In the first half of the year, its export revenue was 47.4 billion yuan, a year-on-year increase of 3%, accounting for 64% of the total export volume of China's heavy-duty truck industry. Among them, China National Heavy Duty Truck Group (Sinotruk) has been at the forefront of the industry's exports for 20 consecutive years, occupying half of the industry's exports. Zhongtong Bus has successfully won the largest single batch order for Chinese bus exports to Chile. With its excellent quality and advanced technology, 895 pure electric buses have won high praise from local governments and customers, establishing a good international image for Chinese manufacturing.
Accelerate transformation and build a green ecosystem
Faced with the surging wave of industrial transformation, Shandong Heavy Industry Group actively seeks change and continuously increases its exploration and application of intelligent manufacturing technology. Through a series of cutting-edge technologies such as big data analysis, AI algorithms, and intelligent online detection technology, it accelerates the pace of enterprise development towards digitization, networking, and intelligence, and has embarked on a unique path of transformation and development. Several companies under Shandong Heavy Industry have been selected as national benchmark enterprises for intelligent manufacturing and outstanding intelligent factories, demonstrating Shandong Heavy Industry's hardcore strength in the field of high-end equipment manufacturing.
China National Heavy Duty Truck Intelligent Network (New Energy) Heavy Truck Intelligent Manufacturing Factory has achieved outstanding achievements in technological innovation. Its fully automated frame longitudinal beam processing production line and welding production line have a full automation rate of 100%. The stamping production line adopts servo press+CNC hydraulic pad technology for the first time in the domestic commercial vehicle field, and the final assembly production line adopts the industry's first wireless non-contact power supply technology. Multiple pioneering technologies have set new benchmarks in the industry; Weichai Power has built a digital unmanned factory for engines, with a processing automation rate, component logistics and distribution automation rate, and online detection rate for key processes all reaching 100%; Fast Heavy Commercial Vehicle Automatic Transmission Intelligent Factory has achieved 100% identity recognition and digital management of key equipment through the application of six core technologies: digital twin, black light production, Internet of Things, intelligent decision-making, green manufacturing, and data closed-loop. It can achieve continuous unmanned "black light production" for 6 hours.
From "manufacturing" to "intelligent manufacturing", from "Chinese brand" to "global benchmark", Shandong Heavy Industry Group takes innovation as the pen, market as the paper, and transformation as the ink, drawing a magnificent blueprint for the development of digitalization and intelligence, injecting stronger "heavy labor force" into the manufacturing power and beautiful Shandong.
