Sinotruk Ji'nan Truck Co. Ltd. provided earnings guidance for the six months ended 31 December 2023. Financial forecast for the six months ended 31 December 2023, the unaudited net profit attributable to the equity holders of is expected to increase from approximately RMB 214 million for the
corresponding period of 2022 to the range from approximately RMB 1,005 million to RMB 1,112 million, representing an increase of approximately 370% to 420%. The increase is due to the rebound in demand for logistics heavy duty trucks, especially strong demand for natural gas heavy duty trucks, coupled with strong export momentum, leading to a significant growth of sales volume in the heavy duty truck industry. Ji'nan Truck
accelerated product optimization, upgrading, and structural adjustment, continuously improved product quality and competitiveness and implemented precise marketing strategies, so a good growth was achieved in production and sales volume, and the profitability was also further improved.