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CIMC Vehicles Ranks on the 2024 Guangdong Province Top 500 Manufacturing Enterprises List

2024.12.03

On 3 December, the Guangdong Manufacturers Association , Institute of Industrial Economics Jinan University , and the Guangdong Provincial Development and Reform Commission? jointly released the "2024 Guangdong Top 500 Manufacturing Enterprises Research Report." CIMC Vehicles (301039.SZ) was honored with the 22nd position on the 2024 Guangdong Province Top 500 Manufacturing Enterprises list. This recognition is another affirmation of CIMC Vehicles' overall strength.

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As China's economy enters a new stage of development, the semi-trailer industry is constructing a new development pattern and creating new quality productive forces. CIMC Vehicles, while stabilizing its foundation of Intercontinental Operation and Local Manufacturing, is fully implementing the “Star-chained Manufacturing Network”, innovating in scientific technology, resource allocation, production organization, and business models to establish new quality productive forces.

The “Star-chained Manufacturing Network” is?driving CIMC Vehicles to become an industry benchmark with its advanced new quality productive forces. This initiative is a key focus for the company’s third venture journey over the next 8-10 years, which will have a profound impact on the domestic semi-trailer business, leading to higher profit margins, broader productive service revenues, and richer returns for shareholders.

CIMC Vehicles' successful inclusion in the Guangdong Province Top 500 Manufacturing Enterprises list showcases its strength and the vigorous power of the company’s development. Looking ahead, CIMC Vehicles will resolutely advance the Star-chained Manufacturing Network, create new quality productive forces, and lead the Chinese semi-trailer industry into a new development pattern, contributing to the high-quality development of Guangdong's manufacturing sector.