Recently, China National Heavy Duty Truck held an extraordinary general meeting in Hong Kong to vote on the resolution concerning the strategic cooperation agreement signed between Sinotruk and German Man Corporation (Shortman for short). The shareholders at the meeting passed the bill.
Previously, Sinotruk and Man signed a strategic cooperation agreement, which has caused great concern in the heavy truck industry. The newspaper reported on the chain reaction brought about by the cooperation between the two parties. In addition to Shaanqi and Dongfeng, which have a certain relationship with this matter, China National Heavy Duty Truck Co., Ltd. joins with Man. For heavy-duty companies that insist on independent development in China, they must face new pressure and unprecedented sense of urgency.
Sino-foreign cooperation products are more competitive
“In recent days, some mainstream heavy truck companies in China have sought to deepen cooperation with international giants, which has caused great pressure on us.†The reporter recently discussed the impact of China National Heavy Duty Truck Mann’s cooperation with the heavy-duty truck industry and the industry’s insiders. frankly speaking.
In the CEO's opinion, the products of Mercedes-Benz, Volvo, Mann, and other international heavy truck giants are not terrible, because practice has proved that in the domestic market, independent brand heavy trucks have a clear competitive advantage. With the arrival of a new round of joint ventures and cooperation between Chinese and foreign heavy truck companies, combining domestic and foreign products with competitive advantages into the domestic market will really make local companies feel a sense of urgency.
The cooperation between Sinotruk and Mann, according to the agreement, the two sides will cooperate in the production of vehicle and European III, Euro IV, and Euro V engines, quality control, sales and after-sales service. Among them, China National Heavy Duty Truck will exclusively enjoy the vehicle and engine technology produced by Man licensed in the domestic market. In addition, China National Heavy Duty Truck will also introduce Mann's management experience and quality assurance system to improve operating capabilities and management efficiency, so that China's heavy truck gradually with the international standards.
Judging from several recent Sino-foreign cooperation projects that have received considerable attention in the industry, the Chinese side values ​​the advantage that foreign parties have in the electronic control technology of complete vehicles and engines. Electronic control technology is not only a technical bottleneck faced by domestic truck companies in the process of upgrading emission standards, but also a common weakness in domestic truck companies.
For self-owned brand truck companies that are eager to acquire advanced technology, once they receive foreign support and break through the technical bottlenecks, coupled with a deep understanding of the domestic market and the low-cost advantages of the local labor force, the products launched will inevitably become more competitive. This is one of the reasons why domestic heavy truck companies have to pay high attention.
Domestic heavy truck market faces reshuffle
Prior to this round of Sino-foreign joint ventures and cooperation, the level of technology of domestic independent brand enterprises was roughly the same. In recent years, in particular, domestic truck companies have improved their product technology and have significantly improved the overall level of products. Even in the competition in the first camp of heavy truck market, Steyr platform products still have their own advantages and difficulties compared with heavy trucks such as FAW Jiefang and Dongfeng Commercial Vehicles.
With the gradual escalation of emission standards, especially the widespread application of electronic control technology in the field of heavy trucks, domestic heavy truck companies generally encounter bottlenecks in the further upgrading of technology. Compared with internationally renowned heavy trucks, there are gaps in the lack of core technologies. As a result, some truck companies began to actively seek cooperation with foreign companies, and the relatively balanced domestic market structure will be broken and they will face reshuffling.
As China's heavy truck Long Ma pure economic director said when it comes to cooperation with Mann as: "Man after the introduction of advanced engine and vehicle technology, we will be through digestion, absorption and innovation, the core competitive advantage of heavy truck more Obviously, especially in this cooperation, we have obtained the right to use MAN's production technology from Euro III to Euro V engines, which will help Sino Heavy Truck to solve the problem of the next three generations of environmentally friendly truck production technologies.â€
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