The company headquarters and its main manufacturing base are located in Jinan, the capital city of Shandong province. The predecessor to our Parent Company was the first domestic manufacturer of heavy duty trucks and built Chinas first heavy duty truck in 1960. Through years of research and innovation, we have had obvious advantages in market network, product, technology and cost, and established a unique enterprise culture. We market our products under the brand name¤¸¥½¦±½(China Heavy Duty Truck) in Chinese and SINOTRUK in English. In August 2006, the company was granted as National complete truck export base enterprise by National Development and Reform Commission and Ministry of Commerce. In October of the same year, our brand was awarded as one of 10 PRC brands by the World Confederation of Productivity Science. Our target is to be a world well-known heavy truck manufacturer and provide customers with cleaner, energy-saving, safer and comforter transportation vehicles. We specialize in the research, development and manufacturing of heavy trucks and related key parts and components. Our principal products include cargo trucks and truck chassis with GVW over 14 tonnes as well as semi-tractor trucks with trailing capacity over 12 tonnes, tipper and special truck chassis and so on. Our major product series include HOWO, Sitaier King, Sitaier and Huanghe series. Over the years, we have registered with the PRC government more 2, 000 models, as classified under the PRC automotive industry regulations. Through our diverse product portfolio, we service a wide range of customers from all major industries that utilize heavy trucks, including infrastructure, construction, container transportation, logistics, mining, steel and chemical industries. We are one of few heavy truck manufactures in China that have the ability to also produce heavy truck engines. We currently produce substantially all the engines used in our truck production. We also sell industrial
