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The story
Founded by Kuomintang in 1935.1
CNHTC was founded in 1935 by Kuomintang Government of the Republic of China era on the basis of Jinan Automobile Works. It started developing heavy-duty trucks in 1956, with its first truck modeled after Škoda 706 RT. In 1984, Jinan Automobile Works began to produce Steyr 91 with technology imported from Steyr-Daimler-Puch. Since the reform and restructure in 2001, the company has got rid of the operating losses for previous years.
Most of the group assets was now listed on the Stock Exchange of Hong Kong in 2007, as a Hong Kong-incorporated company, Sinotruk (Hong Kong). Another subsidiary (subsidiary of Sinotruk (Hong Kong)), Sinotruk Jinan Truck (SZSE:000951), was listed on the Shenzhen Stock Exchange.
After the collaboration with Steyr, Sinotruk had done collaboration with Volvo Trucks (which terminated around 2009), sold under the Howo nameplate, and later, collaboration with MAN AG, sold under Sitrak nameplate.
Some Howo model like Howo 7 series uses Volvo FL10 derived cabin, others like Howo A7 uses Volvo FH derived cabin. Sitrak models on the other hand, uses MAN TGA derived technology.
In October 2019, Shandong Heavy Industry became the controlling shareholder of "China National Heavy Duty Truck Group", acquiring a 45% stake.
From Wikipedia’s article on China National Heavy Duty Truck Group, shared under CC BY-SA 4.0.4