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CNHTC
China National Heavy Duty Truck Group Co., Ltd., CNHTC or Sinotruk Group is a Chinese state-owned truck manufacturer headquartered in Jinan, Shandong province. It is currently the third largest truck manufacturer in Mainland China. It is known for developing and manufacturing China's first heavy duty truck - "Huanghe" (黄河, lit. ''Yellow River'') JN150. History CNHTC was founded in 1935 by Kuomintang Government of the Republic of China era on the basis of Jinan Automobile Works. It started developing heavy-duty trucks in 1956, with its first truck modeled after Skoda 706RT. In 1984, Jinan Automobile Works began to produce Steyr 91 with technology imported from Steyr-Daimler-Puch. Since the reform and restructure in 2001, the company has got rid of the operating losses for previous years. Most of the group assets was now listed on the Stock Exchange of Hong Kong in 2007, as a Hong Kong-incorporated company, Sinotruk (Hong Kong). Another subsidiary (subsidiary of Sinotruk ( ...
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Jinan
Jinan (), Postal Map Romanization, alternately romanization of Chinese, romanized as Tsinan, is the Capital (political), capital of Shandong province in East China, Eastern China. With a population of 9.2 million, it is the second-largest city in Shandong. The area of present-day Jinan has played an important role in the history of the region from the earliest beginnings of civilization and has evolved into a major national administrative, economic, and transportation hub. The city has held Sub-provincial city, sub-provincial administrative status since 1994. Jinan is often called the "City of Springs" for its famous 72 Artesian aquifer, artesian springs. Jinan is one of the top List of cities by scientific output, 40 cities in the world for scientific research as tracked by the Nature Index according to the Nature Index 2022 Science Cities. The city is home to List of universities and colleges in Shandong, several major universities, including Shandong University, Shangdong, Sha ...
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Sinotruk (Hong Kong)
Sinotruk (Hong Kong) Limited is a Hong Kong truck manufacturer incorporated in 2007. The subsidiaries of Sinotruk (Hong Kong) manufactures trucks in Mainland China. Its parent company, China National Heavy Duty Truck Group ( Sinotruk Group or CNHTC), is a Chinese state-owned heavy truck manufacturer, headquartered in Jinan, Shandong Province. History Sinotruk (Hong Kong) Limited was incorporated on 31 January 2007 in Hong Kong, a special administrative region of China, as an intermediate holding company for the Chinese Government owned China National Heavy Duty Truck Group (, Sinotruk Group). Since 2 April, Sinotruk (Hong Kong) Limited owned the following subsidiaries: Sinotruk Jinan Truck, Sinotruk Jinan Commercial Truck, Sinotruk Jinan Power, Sinotruk Jinan Technical Center, Sinotruk Factory Design Institute, Sinotruk Shandong Import & Export Company, Sinotruk Jinan Ganghua Import & Export Company, Sinotruk Hong Kong International Investment Company and Sinotruk Finance. Sinotruk ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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Steyr 90 Series
The Steyr 90 series is a cab over truck originally introduced in 1968, built by Steyr-Daimler-Puch AG in Steyr, Austria. It has a tilting cab and is of a distinct shape, which survived into the twenty-first century with China's Sinotruk. In 1978 the facelifted Steyr 91 replaced the 90, and it was in turn replaced by the redesigned Steyr 92 in 1986. Considering its comparatively low production numbers an unusually wide range of models and configurations were available, necessitated by Steyr's dominance of the Austrian truck market in the period - in 1980 about 35% of trucks on the roads there were made by Steyr. It was known as Steyr 800 in Japan. Steyr 90 The 90 series was a result of Steyr's failure to link up with another European truck manufacturer. Instead they chose to go it alone, and developed the new ''Typ 160'' cabin design to replace the outmoded, bonneted 680-880 series. The cabin is very distinct, being of an angular design with very large glass surfaces. Good visibil ...
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Vehicle Manufacturing Companies Established In 1935
A vehicle (from la, vehiculum) is a machine that transports people or cargo. Vehicles include wagons, bicycles, motor vehicles (motorcycles, cars, trucks, buses, mobility scooters for disabled people), railed vehicles (trains, trams), watercraft (ships, boats, underwater vehicles), amphibious vehicles (screw-propelled vehicles, hovercraft), aircraft (airplanes, helicopters, aerostats) and spacecraft.Halsey, William D. (Editorial Director): ''MacMillan Contemporary Dictionary'', page 1106. MacMillan Publishing, 1979. Land vehicles are classified broadly by what is used to apply steering and drive forces against the ground: wheeled, tracked, railed or skied. ISO 3833-1977 is the standard, also internationally used in legislation, for road vehicles types, terms and definitions. History * The oldest boats found by archaeological excavation are logboats, with the oldest logboat found, the Pesse canoe found in a bog in the Netherlands, being carbon dated to 8040 - ...
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Companies Based In Jinan
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Government-owned Companies Of China
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned ...
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Truck Manufacturers Of China
A truck or lorry is a motor vehicle designed to transport cargo, carry specialized payloads, or perform other utilitarian work. Trucks vary greatly in size, power, and configuration, but the vast majority feature body-on-frame construction, with a cabin that is independent of the payload portion of the vehicle. Smaller varieties may be mechanically similar to some automobiles. Commercial trucks can be very large and powerful and may be configured to be mounted with specialized equipment, such as in the case of refuse trucks, fire trucks, concrete mixers, and suction excavators. In American English, a commercial vehicle without a trailer or other articulation is formally a "straight truck" while one designed specifically to pull a trailer is not a truck but a "Tractor unit, tractor". The majority of trucks currently in use are still powered by diesel engines, although small- to medium-size trucks with gasoline engines exist in the US, Canada, and Mexico. The market-share of ...
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Shandong Heavy Industry
Shandong Heavy Industry Group Co., Ltd. is a Chinese state-owned multinational heavy machinery and automotive manufacturing company headquartered in Jinan, Shandong. Shandong Heavy Industry has four listed companies: Weichai Power (2338HK/000338SZ), Weichai Heavy-Duty Machinery (000880SZ), Yaxing Bus (600213SH) and Shantui Machinery (000680SZ). History Shandong Heavy Industry was founded in 2009 through a merger between Weichai Holding Group, Shandong Construction Machinery Group and Shandong Auto Industrial Group. In August 2012, Shandong Heavy Industry agreed to acquire 75% of the Italian yacht maker Ferretti Group for €178 million, plus the provision of €116 million of new credit facilities. In August 2012, Shandong Heavy Industry's Weichai Power subsidiary agreed to acquire a 25% stake in the German forklift maker KION Group for €467 million, and a 70% majority stake in Kion's hydraulics business for €271 million. In October 2019, Shandong Heavy Industry became th ...
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Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 243 million people, and has the world's Islam by country#Countries, second-largest Muslim population just behind Indonesia. Pakistan is the List of countries and dependencies by area, 33rd-largest country in the world by area and 2nd largest in South Asia, spanning . It has a coastline along the Arabian Sea and Gulf of Oman in the south, and is bordered by India to India–Pakistan border, the east, Afghanistan to Durand Line, the west, Iran to Iran–Pakistan border, the southwest, and China to China–Pakistan border, the northeast. It is separated narrowly from Tajikistan by Afghanistan's Wakhan Corridor in the north, and also shares a maritime border with Oman. Islamabad is the nation's capital, while Karachi is its largest city and fina ...
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Lages
Lages is a Brazilian municipality located in the central part of the state of Santa Catarina, in the region known in Portuguese as "Planalto Serrano". It is located in the mountain region of the state and is the largest municipality of it. It is the main city of this region, and borders the towns of Otacílio Costa, São Joaquim, and Correia Pinto. The main course of urban water is Carahá River. Lages hosts an annual festival called '' Festa do Pinhão'', that is famous throughout the country. Economically, the city is known for its strong cattle breeding and wood processing factories. History In the beginning of the 17th century, the arrival of the first Europeans established the town. The growing of the ''Campos de Lajens'' was due to the opening of roads to reach the fields of the state Rio Grande do Sul. The people of São Paulo and Minas Gerais were attracted to this region due to the cattle-breeding business with the ''gauchos''. Very primitive documents mention Laje ...
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Shenzhen Stock Exchange
The Shenzhen Stock Exchange (SZSE; ) is a stock exchange based in the city of Shenzhen, in the People's Republic of China. It is one of three stock exchanges operating independently in Mainland China, the others being the Beijing Stock Exchange and the Shanghai Stock Exchange. It is situated in the Futian district of Shenzhen. With a market capitalization of its listed companies around US$2.504 trillion in 2019, it is the 7th largest stock exchange in the world, and 4th largest in East Asia and Asia. History On December 1, 1990, Shenzhen Stock Exchange was founded. In January 1992, Deng Xiaoping's Southern Tour saved China's capital market and the two stock exchanges (the other is Shanghai Stock Exchange). In July 1997, the State Council of China decided that the Shenzhen Stock Exchange would be directly managed by the China Securities Regulatory Commission. In May 2004, the SME Board was launched. In October 2009, the ChiNext market () was inaugurated. State-owned c ...
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