NHL(600262)2024-06-05 09:52Group 1: Company Overview - Inner Mongolia North Heavy Duty Truck Co., Ltd. is actively expanding its international market presence to enhance overseas revenue and competitiveness [2] - The company is a leading manufacturer of mining vehicles in China, producing a full range of products from 28 to 400 tons [3] Group 2: Domestic Market Challenges - The company has experienced a significant decline in domestic revenue, attributed to the need for technological innovation and cost reduction to maintain competitive advantage [3] - Despite challenges, the company remains a market leader in mining vehicles within China [3] Group 3: Product Advantages - North Heavy Duty Truck Co. offers a comprehensive range of mining vehicles, including mechanical, electric, dual-power, and hydrogen-powered options, making it the largest R&D and production base for mining vehicles in China [3][4] - The company has expanded its international market reach to 67 countries and regions, establishing itself as a competitive national brand [3] Group 4: Technological Leadership - The company is committed to technological innovation, particularly in the development of autonomous and new energy mining vehicles, achieving domestic leadership and international advanced levels in technology [4] - North Heavy Duty Truck Co. is involved in the formulation of national standards for off-road dump trucks, contributing to 24 national standards and 3 industry standards [4]