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2020 innovation high leading the industry development vane

If the commercial vehicle market in 2020 is described as turbulent, then Shandong Heavy Industry, led by Tan Xuguang, is obviously a powerful group!

The company has made remarkable achievements in fighting against the epidemic, combining production capacity and pushing new products, which shocked the domestic and foreign industries.

First of all, from the perspective of operating performance, the annual consolidated revenue of Shandong Heavy Industry exceeded 500 billion yuan for the first time, with a year-on-year growth of 25.4%.

The total profit exceeded 20 billion yuan for the first time, an increase of 13.1% over the same period last year, and our performance of bucking the trend has won the battle for epidemic prevention and control and high-quality development.

From the perspective of market sales, the whole vehicle and the core powertrain of Shandong Heavy Industry have developed into an important pole of the whole industry, and achieved a rare strategic landing of the whole vehicle and the whole machine.

With this advantage, the production and sales of commercial vehicles of Shandong Heavy Industry exceeded 700,000 for the first time in the whole year, with a year-on-year growth of 46.2%.

Among them, heavy trucks exceeded 500,000, with a year-on-year growth of 42.4%.
26,000 construction machinery units, up 12% year-on-year.

The annual production and sales of Weichai engine, Faust gearbox and Hande axle have all exceeded 1 million sets.

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