In the first half of 2025, Shandong Heavy Industry Group delivered an impressive report card with a strong momentum of "steady progress and continuous optimization": a total revenue of 289.8 billion yuan, up by 6% year-on-year; and a total profit of 14.97 billion yuan, up by 6.9% year-on-year. The group's profitability not only led the entire industry but also ranked first among provincial enterprises. Behind these achievements lies the group's deep focus on market layout, product innovation, and global collaboration.

As the champion in the global heavy truck sector, Shandong Heavy Industry sold 212,000 heavy trucks in the first half of the year, with a market share soaring to 40.9%, maintaining its position as the global leader. This means that out of every five heavy trucks sold globally, two come from Shandong Heavy Industry. Among them, China National Heavy Duty Truck Corporation (CNHTC), with its full series of products and precise market strategies, firmly occupied the top spot in China's heavy truck industry and achieved the highest sales in several niche markets, including express delivery, cold chain transportation, and container logistics.

Heavy trucks are not the only highlight. The group also performed outstandingly in the fields of agricultural machinery and construction equipment. The power-shifting tractors from Weichai Leyo Smart Agriculture have been widely applied in the Northeast China's black soil region and Xinjiang's cotton fields, with product sales ranking first in the industry. Shares of Shantui's high - horsepower bulldozers and excavators increased by 35% year - on - year, reaching the highest revenue and profit levels in recent years and further expanding the profit margin.

The transformation towards new energy and high - end products has become the "dual engines" of growth. In the first half of the year, the sales of new - energy heavy trucks soared by 242% year - on - year, ranking first in the industry with an absolute advantage. China National Heavy Duty Truck Corporation has achieved full - route coverage of new - energy technologies and coverage of six major application scenarios, with continuous innovation breakthroughs in electric powertrain and whole - vehicle technologies. The proportion of high - end products continues to increase. Weichai's data center power generation business grew by 664% year - on - year. High - end tourist buses are exported to Europe, the Middle East, and the Americas, and a large - scale order for nearly 1,000 electric buses was won in Chile.

From leading the domestic market comprehensively to continuously expanding the global map, Shandong Heavy Industry has proved with solid performance that in the fierce competition of the equipment manufacturing industry, only by focusing on the main business and deeply cultivating innovation can the foundation of "global leadership" be consolidated.

Source : www.chinabuses.org

Editor : David

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