China National Heavy Duty Truck to be listed in Hong Kong during the year
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Sources said that the scale of fundraising will reach 6 billion Hong Kong dollars, more than the previous 500 million US dollars expected
China National Heavy Duty Truck Group has been quietly accelerating its listing in Hong Kong. A source said that it will be listed overseas before the end of the year, the initial goal is set in Hong Kong, raised funds will reach 6 billion Hong Kong dollars, exceeding the previous expectations of 500 million US dollars.
At the same time, the decline of the First Group Corps such as FAW and the second group of Shaanqi are struggling to catch up, which will make this year's heavy trucks undergo major changes. If CNHTC is further developed through overseas fundraising, the ranks of the First Legion and the Second Legion of Heavy Trucks can be
Can adjust.
Sales increased by more than 30% in the first half of the year
Therefore, this year it focused on road transport dump trucks and achieved unexpected results outside of the original strong dump trucks. The reporter learned from the inside of CNHTC that the overall listing of CNHTC has been in full swing and has become a major plan for the group this year. "The goal is to go overseas. From the standpoint of operations, Hong Kong should be chosen." It is understood that currently there is no specific timetable for the listing of CNHTC, but that the idea of ​​"as soon as possible is better" is being pushed forward. . However, some personnel participating in the listing also indicated that the listing of CNHTC Group during the year was not very optimistic. At present, the asset operating status does not meet the conditions for listing in Hong Kong unless it is under the strong support of all levels of government and underwriting under the China Gold.
According to Guohuanan, head of CNHTC's propaganda department, CNHTC Group was basically flat with total sales of 45,000 units, operating income of more than RMB 20 billion, and net profit of RMB 1 billion. It is guaranteed to sell 60,000 vehicles and strive for 70,000 vehicles, with a total revenue of 25 billion yuan. In the first half of this year, more than 31,200 vehicles have been sold, an increase of 34% year-on-year. The reporter learned that the high-end heavy truck Howo heavy truck is not the main sales growth this year. Guo Huannan said that HowoWou had originally pushed for Euro III selling points, but so far in addition to Beijing, most cities have not yet implemented this emission requirement.
Heavy trucks or seats will be rearranged
The second group represented by CNHTC seems to be bringing about a big change in the overall market structure. The reporter learned that after the heavy truck sales volume increased by 114.89% year-on-year in 2004, its market share soared, from 12.18% in 2004 to 16.43% in 2005, and about 21% in the first half of this year. The sales of Shaanxi Zhongqi increased by 73.51% year-on-year from January to May this year, and its market share increased from 5.47% in 2004 and 5.85% in 2005 to 10.42% this year. Although it is not likely to enter the top three of the industry, after the alliance with Weichai, the power is obviously strong. Another Beiqi Foton, which belongs to the second group, fell from 40,000 to 20,000 in last year's Auman, and finally began to rebound in February this year. The market share in the first half of the year recovered to approximately 8.8%.
However, the First Forces Corps FAW and Dongfeng seem to be stagnant, from the heavy truck market share of over 60% in 2004 to between January and May this year, the sum of the two is less than 45%. The reporter learned that FAW’s market share has fallen from 34.48% in 2004 to 26.30% in 2005 and then to 22.30% in the near future; Dongfeng has been rising from 30.05% in 2004 to 33.57% in 2005. Sharply lowered to 21.98%, I do not know whether the first new product “Tianlong†pushed in May of this year will be able to regain its glory.
Industry insiders pointed out that under the background that the Second Legion is so strong, if the heavy trucks are further developed through overseas fundraising, the first and second positions of FAW and Dongfeng may not be guaranteed for many years and will lead to the entire heavy truck. New market rankings.
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