It is expected that the heavy-duty truck market is expected to achieve sales of approximately 500,000 vehicles in 2009, and Weichai will synchronize its industry level.
Investment and infrastructure construction have driven the recovery of the heavy truck market, and the volume of road freight is expected to rebound steadily. We are relatively optimistic about the sustainability of the heavy truck market. It is expected that there will be about 500,000 heavy trucks in 2009 (slightly lower than 08). The market competitiveness of Weichai's high-pressure common rail products has been steadily improved, and EGR engines and matched models have gradually been introduced. The market share is relatively stable. Considering the decrease in raw material prices and the relative stability in production and sales to improve profitability, the company's 09/10 earnings forecast is maintained at 2.55/2.98 yuan.
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