Baotou-based truck manufacturer records strong sales

Beiben Trucks Group Co, headquartered in Baotou, North China’s Inner Mongolia autonomous region, signed contracts for the sale of 13,062 trucks from January to November, Baotou Daily reported on Dec 9.

The figure represents year-on-year growth of 54.18 percent.

The turnover of the company hit more than 3.5 billion yuan ($529 million) during the first 11 months of 2017, year-on-year growth of 63.88 percent.

Funded by seven companies including China North Industries Group, China North Industries Corporation, and Inner Mongolia First Machinery Group, Beiben Trucks Group Co is a Baotou-based truck manufacturer with total assets reaching 15.3 billion yuan. 

A truck production line owned by Beiben Trucks Group Co, a Baotou-based truck manufacturer [Photo/Baotou Daily]