On August 16, the inauguration ceremony of Sinotruk High-tech Building (the Building) was held at Sinotruk. Ma Chunji, chairman of Sinotruk (Hong Kong) presided over the ceremony and announced the inauguration of the Building. At the ceremony, Cai Dong, president of Sinotruk (Hong Kong) Limited delivered an important speech. He said that the development history of Sinotruk represents the great development history of China’s heavy truck industry. August 16, 2015, a day connecting the past and future will be recorded in the history; the moment that Sinotruk is standing on a higher development platform to create greater achievements will be remembered forever. Cai Dong noted that heavy truck market had experienced an extreme complex and severe situation and faced great challenge of increasingly harsh competition since early this year. The production and sales volume of heavy truck industry dropped 31.13% year-on-year in the first half of this year. In response to the severe market situation, we are focused on the campaign of “the Year of Brand, Quality and Efficiency” to maintain a stable and smooth development by adhering to scientific outlook on development and bringing into full play the competitive strength of the company based on our own resources. From January to June, 2015, the market share of heavy trucks increased by 2.08%.

At 8:00 pm in the evening, all the participants at the ceremony and the audience watched fireworks in front of the Building, signifying the beginning of prosperous and brilliant future of Sinotruk.