Sinotruk, China's leading heavy-duty truck manufacturer, capped 2025 with record financial results and has set an ambitious revenue target of 125.5 billion yuan ($18.5 billion) for 2026. The company posted revenue of 109.5 billion yuan in 2025, with Hong Kong stocks net profit attributable to shareholders reaching a 19.8 percent increase – both record highs.

Overseas operations served as a key growth driver. The company exported 153,400 heavy-duty trucks in 2025, maintaining its position as China's No 1 heavy-truck exporter for the 21st consecutive year. Sinotruk's sales network now covers more than 150 countries. Meanwhile, to meet high demand among emerging economies, the company exported 16,000 units in the first month of 2026, a new monthly record in the industry, and saw a sharp increase in its Q1 orders.

Sinotruk exports 16,000 heavy-duty trucks in the first month of 2026. [Photo/WeChat account: cnhtc-sinotruk]

In the new energy vehicle segment, Sinotruk sold over 17,900 new energy heavy-duty trucks in 2025, representing a year-on-year surge of approximately 191 percent.

Looking ahead to the end of this year, Sinotruk has set a revenue target of 125.5 billion yuan, a 14.6 percent increase from 2025 levels, underscoring its confidence in sustaining growth momentum.