Sinotruk (Hong Kong) Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2023. For the year, the Group expects to record an increase in the profit attributable to owners of the Company by 200% to 240% as compared to the profit attributable to owners of the Company of approximately RMB 1,670 million. Based on the information available to the Board, the Board considers that the heavy duty truck industry has seen a significant recovery in demand benefited from the steady improvement of the domestic macroeconomic economy and the increasing demand in overseas markets.

By seizing market opportunities and continuously adjusting its product structure and business structure, the Group has achieved substantial growth in product sales, continued to increase the proportion of high-end products, and significantly improved profitability.