In the first half of 2026, 189,000 vehicles were sold for six months, with a market share of 28. 5 per cent, and one in four on average runs of heavy cards. The profit gap is even more exaggerated: in 2025, there was a net profit of 1,666 million for heavy gas and only 725 million for a steam release. The hard-to-eat harvest was close to 5 billion less than liberation, and the profit was more than twice that of the other, with a complete faulty advantage。
I. Competition between corporations and between the own markets
The export is the basic plate of heavy gas, the first of its kind for 21 consecutive years. Overseas sales amounted to 153. 3 million in 2025, accounting for half of the total sales throughout the year. Local drivers in africa, the middle east and south-east asia are highly accredited。
In early 2000, when domestic car companies pressed their prices against each other, heavy steam had been sent by teams outside the country to establish channels and repair sites on a case-by-case basis. Other vehicles have reacted to the sea, with high-quality ports and stable agent resources already seized。
There are three real benefits from overseas operations:
1. The profits of bicycles are much higher than those of the domestic sector and do not involve participation in the deficit
Refund regulation, with no domestic-wide delta debt and arrears
3. Foreign purchase orders can stabilize the collection of business in the domestic cycle, even when domestic conditions are low。
Today, there are 37 kd assembly plants that have landed abroad, with 60 per cent localized productivity, significantly reducing shipping and customs costs; and the global distribution of more than 700 service networks and spare parts centres, which achieve a complete, after-sale, industry-standard package of output, which their peers cannot copy in the short term。
Ii. Ziggy+hand integrated power chain, non-replicability of industry
Heavy cards are made on three main fronts, with heavy gas on shandong's back and a single industrial chain barrier。
Emancipation of tinwood and east wind, and limited collaboration between the whole plant and the spare parts enterprise. The integrated integrated fuel consumption of the vehicle as a whole decreased by 11 per cent。
Hand is the country's top bridge company, holding more than 700 patents and the only brand of bridge that has won the first prize for national scientific progress. The main line is fitted with a series of h fuel-efficient bridges, with a minimum speed ratio of 2. 056, transmission efficiency of 98. 5 per cent, 100 km and 1 - 1. 5 litres, operating over a long distance, and saving more than 20,000 fuel per year。
The new energy vehicle type carries the khande wind-shield bridge with a high degree of integration, leaves for greater battery installation space, large turn-angle design, and mine areas and narrow ports are far more flexible than competitive。
It is clear to all who travel through the years that oil conservation is pure profit. This is in addition to the obvious supply chain advantages, such as the scarcity of chips and raw materials in previous years, the widespread looting of core parts by peers, the reliance on stock-based binding of heavy steam, and the permanent priority of fuelwood and hander's supply, which cannot be replicated。
Iii. Transport costs strengthened, longer less in a year
There is little external disclosure of the cost gap within the industry: 422 million for heavy gas sales in 2025 and 1,334 million for free; 329 million for heavy gas management and 1,440 million for free. The difference between the three costs was $3. 4 billion, all of which was translated into a net profit from heavy gas。
Heavy gas is used to contain expenses from top to bottom, cutting off all ineffective marketing, paving meetings, and yielding benefits for each expense. The outsiders look at the door of the business, but the price of the car is similar to that of the car, and the cost of managing and selling is more than a dozen points higher and it is naturally difficult to make a profit。
Cost control is not cost-effective; heavy gas is invested in more than 3 billion dollars a year, and more than 3,000 technicians simultaneously attack fuel trucks, triple power, and intelligent driving, all of which are measured by real cargo road conditions. The core parts of the whole vehicle are self-produced, with manufacturing costs on average 15-20 per cent lower than those of the industry, and prices are highly volatile in wartime space, with lower prices for peers vulnerable to loss and heavy gas still profitable。
Iv. Advance deployment of gas and new sources of energy
A number of people felt that the fuel truck had been burned to death and that it had been in full advance for almost two years。
In 2025, sales of new energy weight cards rose by 229 per cent over the same period, not by short-term wind. In the early years of the industry, heavy gas continued to be invested in three-power r & d, with woodwood accompanied by a hander electric bridge completing a high-temperature, high-altitude, heavy-load full-scale engineering test, which cumulatively measured over 100,000 kilometres and was more stable than the ad hoc assembly competition。
Gas vehicles are the traditional strength of heavy gas, with 15l gas tractors as the largest market share. North-west, xinjiang, interior gas prices are low, gas trucks can save 560,000 fuel bills per year, local long-run caravans have priority over heavy gas, products are full, traffic speed is faster, and single advantage is evident。
First in the electric self-loader industry, the demand for closed sites in mining areas and ports erupted, relying on more than 2,000 sub-line services throughout the country to take the lead and dislodge new energy forces。
There are three real dangers behind the light data
It's easy to look at financial claims in one way or another, combining channels, real feedback from drivers, and the existing shortboards stand out:
1. Significant backlog in pipeline stocks
At the end of the year, the enterprise presses the dealer on the bulk, with most regions having stock coefficients longer than 2. When the market cools, millions of dealers spend their money on stock vehicles and the pressure on them is enormous。
2. High priced and long lead times for spare parts after sale
The coverage of the national network is adequate, but mantech has a high price for car spare parts; the movement of spare parts for the hander bridge in remote areas has been delayed for several days by direct driving delays and constant complaints。
3. Inadequate systems for the sale of new energy
The maintenance threshold for the electric weight card is high, the primary service is not capable of maintenance and the failure can only result in a full replacement. The hundreds of thousands of single-cell batteries are extremely costly to maintain beyond the quality assurance and are highly risky for the owner。
Vi. Transmitting strengthened risk statistics, verification of real ends
In june 2026, which was part of the heavy-calculation tradition, heavy-temperature exposure increased by 34 per cent over the same period, with industry ranked first. The exchange of risk-based data represents a real vehicle operating on the ground, and there is no channel to press water, reflecting the preferences of the terminal driver。
Last words
Heavy steam is now in the lead, not just by a blowout, but by a wave of marketing. It is a combination of 20 years of deep overseas farming, chain-to-business, and long-term fine-tuning controls。
However, companies are far from reaching the point where 28. 5 per cent of the market is close to the ceiling of the industry, and it is extremely difficult to raise their share in order to capture their peers' customers; new energy technology routes are yet to be fixed, and industry competition is variable; and half of the sales depend on overseas markets, with a slightly volatile international geomorphology affecting performance。
Focus, don't get lost。
I think this article makes sense。
