On December 10, 2025, Shaanxi Auto Heavy Duty Truck's 2026 Business Conference, themed "Strengthen Reform, Adjust Structure, Seek New Prospects, and Secure Victory in 2026", was grandly held in Xi'an. As a long-term and trusted supplier of Shaanxi Auto, VTech is honored to witness and participate in this important strategic deployment that marks the intersection of the "14th Five-Year Plan" and the "15th Five-Year Plan". Shaanxi Auto's blueprint for 2026, centered on value-driven and comprehensive innovation, not only points out the direction for its own high-quality development but also sets a benchmark for the transformation of China's commercial vehicle industry amid the waves of new energy and intelligence. It also underscores the in-depth cooperative value between VTech and Shaanxi Auto in advancing industrial upgrading.
In 2025, against the backdrop of fierce price wars and homogeneous competition in the heavy-duty truck market, Shaanxi Auto achieved remarkable results with resilience and high quality. The group's annual sales are expected to reach 195,000 units, a year-on-year increase of 16.7%. Especially in the core domestic civilian product business of Shaanxi Heavy Duty Truck, sales are expected to hit 88,000 units, a staggering year-on-year surge of 60%, firmly consolidating its position among the top three in the industry. What's more commendable is the profound structural optimization behind these figures: new energy vehicle sales exceeded 25,000 units, with a market share rising to 12.4%; sales of truck models, a long-term shortcoming, broke through 14,000 units, a year-on-year increase of 81%, and the market share in the Beidou-related segment reached 8.6%, a new high in nearly a decade.
As a key supporting partner of Shaanxi Auto, VTech deeply recognizes that this impressive achievement stems from Shaanxi Auto's unwavering commitment to technological innovation. We have worked closely with Shaanxi Auto in the research and development and application of core technologies for new energy heavy-duty trucks, contributing to breakthroughs in low vehicle weight, 580kW high power, and electric drive axle technology, which have enabled the vehicles to achieve an energy consumption of less than 1.2kw·h per kilometer. This collaborative innovation not only enhances the core competitiveness of Shaanxi Auto's products but also reflects VTech's professional strength in providing high-performance supporting solutions for the commercial vehicle industry.
At this year's business conference, Shaanxi Auto released two flagship products that embody its strategic vision for the new era, and VTech is proud to be part of their supply chain ecosystem. One is the Shaanxi Auto Delong X6000 Premium Flagship Product, oriented towards high-end and intelligent development. Covering both oil and gas power sources, it is suitable for high-value-added logistics scenarios such as daily use, hazardous chemicals transportation, and express delivery. The product adopts a full-domain electronic architecture and an AI large model-based intelligent cockpit, achieving in-depth full-scenario voice interaction. VTech's supporting technologies have laid a solid foundation for the intelligent performance and extreme economic efficiency of the X6000, helping it reduce gas consumption by another 8% and consolidate its reputation as the "gas-saving king".
The other is the CIMC·Shaanxi Auto Integrated 4.0 G6000E new energy product, a fruit of in-depth collaboration between Shaanxi Auto and its strategic partner CIMC Vehicles. Breaking the traditional simple transaction model of "truck head + trailer", this product is developed based on the concept of "one automobile enterprise" for integrated positive development. VTech participated in the research and development of its core control system and energy management module, contributing to the realization of integrated main-trailer control and energy recovery, which reduces comprehensive energy consumption by 8% compared with the industry average. The G6000E also features in-depth integration of three electric systems, intelligent overall control, low-center-of-gravity battery layout, and dual-gun fast charging. This product not only represents a leap in new energy heavy-duty truck technology but also signifies the upgrading of competition in the logistics equipment industry from single products to overall solutions— a trend that VTech fully embraces and supports.
In 2026, Shaanxi Auto aims to achieve domestic civilian product sales of 100,000 units and increase its insurance market share to 12%. To realize this goal, Shaanxi Auto proposes a in-depth marketing strategy transformation centered on "strengthening reform, adjusting structure, seeking new prospects, and developing together". VTech highly recognizes and responds to this strategic direction.
In terms of "strengthening reform", Shaanxi Auto advocates abandoning low-price vicious competition and transforming from "selling low-cost vehicles" to "selling value and solutions". VTech will work with Shaanxi Auto to support this transformation by providing high-reliability, high-performance supporting products and value-added services, helping Shaanxi Auto's channel partners become "wealth-creation partners" for customers and enhancing the total cost of ownership (TCO) advantages of the entire product lifecycle.
In "adjusting structure", Shaanxi Auto plans to focus on improving market share in shortcoming areas such as high-horsepower tractors, 6-cylinder trucks, and new energy dump trucks, while promoting the comprehensive penetration of new energy vehicles. VTech will adjust its product layout accordingly, increase R&D investment in core components for high-horsepower and new energy models, and ensure the timely supply of high-quality supporting products to support Shaanxi Auto's balanced development in the national market.
In "seeking new prospects", Shaanxi Auto regards new energy and intelligence as key tracks for future development and has established the "Shaanxi Auto New Energy Heavy Truck New Ecology Alliance" to build a closed-loop solution covering R&D, core components, charging and swapping, finance, and operations. As an important member of this ecological chain, VTech will deepen cooperation with Shaanxi Auto and other alliance partners, give full play to its technological advantages in intelligent control and new energy supporting, and jointly promote the transformation of the commercial vehicle industry towards intelligence and low carbonization.
In "developing together", Shaanxi Auto adheres to the concept of chain collaboration and win-win development, aiming to build an ecological system where enterprises, dealers, suppliers, financial partners, and customers can all profit. VTech has always adhered to the principle of win-win cooperation in its cooperation with Shaanxi Auto. We will continue to optimize our supply chain management, improve production efficiency, and reduce costs, while ensuring product quality and technical advancement, to help Shaanxi Auto enhance its overall competitiveness and achieve mutual development and common prosperity.
The 2026 Business Conference of Shaanxi Auto Heavy Duty Truck is a clear declaration of the commercial vehicle industry's shift from extensive scale expansion to high-quality development driven by quality, efficiency, and value. As a loyal partner of Shaanxi Auto, VTech will continue to uphold the spirit of technological innovation, deepen cooperation with Shaanxi Auto in new energy, intelligence, and other core fields, and contribute its professional strength to the high-quality development of China's commercial vehicle industry. We look forward to working hand in hand with Shaanxi Auto to sail towards a broader and more sustainable new blue ocean of value.
