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On December 19, 2025, the “2025 Forum on the Development of Large Key Backbone Enterprises in the Machinery Industry and the Integration and Innovation Conference of the Machinery and Steel Industry Chains,” hosted by the China Machinery Industry Federation, was grandly held in Shanghai. This forum focused on industrial synergy, innovation-driven development, and high-quality growth, aiming to promote deep integration across the entire industrial chain. At the event, the highly anticipated “Blue Book on the Development of Large Key Backbone Enterprises in the Machinery Industry (2025)” was officially released. Shandong Heavy Industry Group, recognized for its outstanding industrial leadership and comprehensive strength, saw all four of its core enterprises—Weichai Power, Sinotruk, Shantui, and Fast Gear—successfully included in the list. This achievement underscores the Group’s absolute leadership position and cluster advantages within the machinery industry.
Authoritative Selection, Setting Industry Benchmarks
The Blue Book serves as an authoritative guiding document in the machinery sector, with its compilation and release carrying significant industry implications. It systematically analyzes the current state and future trends of China’s machinery industry, deeply focusing on the innovation practices, transformation achievements, and leading roles of large key backbone enterprises. This provides invaluable experience references and pathway guidance for the high-quality development of the entire industry.
The selection criteria for this year’s list were exceptionally rigorous, going beyond mere enterprise scale to comprehensively evaluate core indicators including R&D innovation capabilities, breakthroughs in key core technologies, industrial chain driving effects, green and intelligent manufacturing levels, depth of international development, and brand influence. The fundamental objective was to identify benchmark enterprises truly capable of leading technological upgrades and future development directions within the industry. The simultaneous inclusion of four Shandong Heavy Industry Group enterprises fully demonstrates that their comprehensive strengths in technological innovation, industrial synergy, and global footprint have earned high recognition from national-level industry organizations.
Insights into the Strengths of Its Core Enterprises
Weichai Power: Global Leader in Power Systems
Weichai Power remains committed to delivering world-class, full-series, full-domain power system solutions. It has continuously broken world records in thermal efficiency for heavy-duty engines and achieved leading results in new energy power pathways such as hydrogen fuel cells and hybrid power, serving as the core “heart” driving the upgrade of China’s equipment manufacturing industry.
Sinotruk: China’s Leading Commercial Vehicle Brand
As the cradle of China’s heavy-duty automotive industry, Sinotruk consistently leads domestic commercial vehicle technology development and market trends. Its flagship HOWO series, renowned for exceptional reliability, outstanding economy, and advanced intelligent features, has become the benchmark in China’s heavy-duty truck market, earning global user trust. HOWO not only dominates domestic sales but has also achieved breakthroughs along the Belt and Road routes and in numerous overseas markets, becoming a shining emblem of China’s intelligent manufacturing conquering the world. Through continuous technological iteration and product upgrades, China National Heavy Duty Truck Group is steadily consolidating and enhancing the international competitiveness of core brands like HOWO.
Shantui: A Solid Force in Construction Machinery
Shantui is a leading enterprise in China’s bulldozer industry, deeply engaged in smart manufacturing and green construction. Its products are renowned for efficiency, durability, and intelligence, widely deployed in major infrastructure projects both domestically and internationally, serving as an indispensable component of “national heavy equipment.”
FAST: Leading Supplier of Commercial Vehicle Transmission Systems
FAST holds the global market share leadership in heavy-duty truck transmissions, renowned for its products’ high reliability, transmission efficiency, and technological sophistication. Through continuous independent innovation, the company has broken key technology monopolies, providing efficient and energy-saving transmission solutions for commercial vehicles worldwide.
Strengthening Leadership, Co-Creating the Future
The collective inclusion of four major enterprises under the Group in the Blue Book represents a comprehensive review and affirmation of Shandong Heavy Industry’s overall strategic layout and operational achievements. Shandong Heavy Industry will seize this opportunity to further strengthen its core focus on technological innovation, deepen technical breakthroughs, and accelerate progress in key areas such as high-end power systems, intelligent connectivity, and new energy commercial vehicles. The Group will continue to leverage its role as an industry leader to drive ecosystem development, guiding China’s machinery industry forward through the complex and ever-changing global landscape.
Moving forward, Shandong Heavy Industry will continue to leverage its core enterprises—Weichai Power, China National Heavy Duty Truck Group (CNHTC) and its Howo brand, Shantui Construction Machinery, and Fast Gear—as pioneers. By integrating global resources, the Group will build a more resilient and competitive industrial ecosystem. The Group is committed to jointly propelling China’s machinery industry toward higher quality, stronger innovation capabilities, and broader international influence, continuously showcasing the formidable strength and exceptional quality of “Made in China” and “Intelligent Manufacturing in China” to the global market. As the flagship product of the Group’s commercial vehicle segment, Sinotruk Howo will inevitably continue to evolve in this process, creating greater value for global users and becoming an outstanding representative of world-class commercial vehicle brands.
© Sinotruk Howo Truck
