China Heavy Truck Group to produce more large tonnage trucks

Recently, the Group is busy with expanding its business: it succeeded in reorganizingST Xiaoya(listing code 000951 and renamed China HeavyTruck)and realizedthe listing ofits truck operations in Feb 2004. On March 11, Weichai Power ( 2338, HK ) was listed in Hshare and raised 1.4 billion yuan through financing; by the end of March, the first heavytruck made jointly by the Group and Volvorolled of the production line; theGroup will joinhands with Volvo and FAW to produce Volvo engines fo…