Sinotruk (Hong Kong) Limited (3808.HK)

18.820 -0.180 (-0.95%) At close: 04:08PM HKT

Sinotruk (Hong Kong) Limited

Sinotruk Tower
No. 777 Hua’ao Road Innovation Zone
Jinan 250101
China
86 531 5806 3808
https://www.sinotruk.com

Sector(s): Industrials
Industry: Farm & Heavy Construction Machinery
Full-time employees: 27,413

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Zhijian Wang	Executive Chairman	1.82M	N/A	1971
Mr. Chen Wang	Executive Director & President	2.25M	N/A	1984
Ms. Xia Li	Financial Controller & Executive Director	2.21M	N/A	1980
Mr. Wei Liu	Executive Director	3.73M	N/A	1970
Mr. Richard von Braunschweig	Executive Director	612.12k	N/A	1973
Mr. Wei Zhang	Executive Director	3.07M	N/A	1978
Mr. Ka Yiu Kwok	Company Secretary & Financial Controller	N/A	N/A	1965
Mr. Zhengtao Liu	Executive Director	1.67M	N/A	1970
Ms. Li Wang	Board Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Sinotruk (Hong Kong) Limited, an investment holding company, engages in the research, development, manufacture, and sale of heavy-duty trucks (HDT), medium-heavy duty trucks, light duty trucks (LDT), buses, and related parts and components in Mainland China and internationally. The company operates through four segments: Heavy Duty Trucks, Light Duty Trucks and Others, Engines, and Finance. It offers specialty vehicles; industrial and construction machinery engines; and HDT key assemblies; parts and components, such as gearboxes and various types of casting and forging, as well as cabins, axles, and steel frames. The company also provides axle and transmission parts and truck refitting services; deposit taking, borrowings, bank bills discounting, auto and supply chain financing, issue of bills, entrusted loans and investment, and customer credit services; loans; and consultation and strategic planning services. In addition, it imports and exports trucks and spare parts; manufactures and reproduces engines; and researches, develops, manufactures, and sells commercial vehicles. The company serves infrastructure, construction, container transportation, logistics, mining, steel, chemical, and other industries. The company was incorporated in 2007 and is headquartered in Jinan, China. Sinotruk (Hong Kong) Limited is a subsidiary of China National Heavy Duty Truck Group Company Limited.

Corporate governance

Sinotruk (Hong Kong) Limited’s ISS governance QualityScore as of 1 June 2024 is 5. The pillar scores are Audit: 3; Board: 6; Shareholder rights: 2; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.