Latest news with #Sinotruk
The Star
7 days ago
- Automotive
- The Star
China's Sinotruk launches new truck models in Kenya
NAIROBI, July 24 (Xinhua) -- Chinese heavy-duty truck manufacturer Sinotruk on Thursday launched its H2 light-duty truck and H3 medium-duty truck models in Kenya, with CFAO Mobility as a local distributor. Sarfraz Premji, CFAO Mobility general manager for Sinotruk, told journalists in Nairobi, the capital of Kenya, that the models are set to revolutionize the transportation industry because they offer higher payload capacities and larger fuel tanks, reducing the need for frequent refueling and enabling longer hauls, which would translate into overall fuel cost savings. "With proven reliability and long-term durability, these trucks stand out as leading options in the light- and medium-duty truck categories," Premji said. He noted that there is a rising popularity of Chinese trucks in the Kenyan market because they are designed to cater to Africa's road infrastructure. Premji said that investing in Sinotruck by CFAO means that customers will be getting a truck that delivers everything crucial to their business, which is more power, efficiency, durability, comfort, and a reliable after-sales network across the country. "The launch of these models will cater to both the last-mile delivery and the heavy load delivery in addition to long haulage," he said. Alex Cui, Sinotruk sales manager for the Kenyan market, revealed that Chinese trucks are locally assembled in Kenya, a move that significantly reduces delivery time, improves product availability, and enhances after-sales support for customers across the country. The launch came after Sinotruk International and Kenya Vehicle Manufacturers recently signed a memorandum of understanding that marked the beginning of a strategic collaboration to boost the local assembly of Sinotruk vehicles in Kenya.
Yahoo
17-06-2025
- Automotive
- Yahoo
3 Asian Dividend Stocks To Watch With Up To 5.1% Yield
As geopolitical tensions in the Middle East escalate and trade talks between the U.S. and China show signs of progress, Asian markets have been navigating a complex landscape with mixed results. In this environment, dividend stocks can offer investors a measure of stability and income, making them an attractive option to consider amidst market fluctuations. Name Dividend Yield Dividend Rating Yamato Kogyo (TSE:5444) 4.63% ★★★★★★ Wuliangye YibinLtd (SZSE:000858) 5.38% ★★★★★★ Nissan Chemical (TSE:4021) 4.14% ★★★★★★ NCD (TSE:4783) 4.23% ★★★★★★ Japan Excellent (TSE:8987) 4.30% ★★★★★★ HUAYU Automotive Systems (SHSE:600741) 4.46% ★★★★★★ GakkyushaLtd (TSE:9769) 4.59% ★★★★★★ DoshishaLtd (TSE:7483) 4.19% ★★★★★★ Daicel (TSE:4202) 5.00% ★★★★★★ CAC Holdings (TSE:4725) 4.89% ★★★★★★ Click here to see the full list of 1240 stocks from our Top Asian Dividend Stocks screener. Let's uncover some gems from our specialized screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Sinotruk (Hong Kong) Limited is an investment holding company involved in the research, development, manufacture, and sale of heavy-duty trucks, medium-heavy duty trucks, light duty trucks, buses, and related parts and components both in Mainland China and internationally with a market cap of approximately HK$59.91 billion. Operations: Sinotruk (Hong Kong) Limited generates revenue from several segments, including Heavy Duty Trucks at CN¥84.15 billion, Engines at CN¥13.92 billion, Light Duty Trucks and Others at CN¥11.16 billion, and Finance at CN¥1.48 billion. Dividend Yield: 5.1% Sinotruk (Hong Kong) offers a mixed outlook for dividend investors. While the company's dividends are well-covered by earnings and cash flows, with payout ratios of 54.8% and 35.9% respectively, its dividend history has been volatile over the past decade. Recent announcements include a final dividend of HK$1.52 billion or RMB1.41 billion for 2024, subject to shareholder approval in June 2025. Despite trading at good value compared to peers, its yield is lower than top-tier payers in Hong Kong. Get an in-depth perspective on Sinotruk (Hong Kong)'s performance by reading our dividend report here. Upon reviewing our latest valuation report, Sinotruk (Hong Kong)'s share price might be too pessimistic. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Huaming Power Equipment Co., Ltd specializes in providing tap changer products in China with a market cap of CN¥15.37 billion. Operations: Huaming Power Equipment Co., Ltd generates its revenue primarily from the sale of tap changer products in China. Dividend Yield: 3.2% Huaming Power Equipment Ltd. presents a nuanced picture for dividend investors. The company has declared a cash dividend of CNY 2.20 per 10 shares for 2024, with dividends covered by earnings and cash flows at payout ratios of 73.8% and 72.6%, respectively. However, its dividend history is marked by volatility over the past nine years despite recent growth in payments and being among the top-tier yields in the Chinese market at 3.18%. Take a closer look at Huaming Power EquipmentLtd's potential here in our dividend report. Our valuation report here indicates Huaming Power EquipmentLtd may be undervalued. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Yamax Corp. is involved in the manufacture and sale of concrete and cement products for construction and civil engineering projects in Japan, with a market cap of ¥16.35 billion. Operations: Yamax Corp.'s revenue primarily comes from its Architectural Cement Products segment, generating ¥6.28 billion, and its Cement Manufacture for Engineering Works segment, contributing ¥16.15 billion. Dividend Yield: 3.9% Yamax's dividend payments are well-supported by earnings, with a payout ratio of 28.5%, and are covered by cash flows at a cash payout ratio of 85.9%. Over the past decade, dividends have been stable and growing, though the yield of 3.91% is slightly below Japan's top quartile payers. Despite recent share price volatility, Yamax offers good value with a P/E ratio of 8.3x compared to the market average of 13.1x. Dive into the specifics of Yamax here with our thorough dividend report. Our valuation report here indicates Yamax may be overvalued. Delve into our full catalog of 1240 Top Asian Dividend Stocks here. Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks. Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include SEHK:3808 SZSE:002270 and TSE:5285. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
19-04-2025
- Automotive
- Yahoo
Smart Mobility and Green Transportation in Focus at the 137th Canton Fair
GUANGZHOU, China, April 19, 2025 /PRNewswire/ -- As global demand for sustainable transportation continues to accelerate, the smart mobility and green transportation sector is experiencing rapid growth. According to industry forecasts, the global electric vehicle market is expected to surpass 950 billion USD by 2030, driven by advancements in electrification, digitalization, and carbon reduction technologies. At the forefront of this movement, the 137th China Import and Export Fair (Canton Fair) is showcasing companies pushing the boundaries of innovation in this space. Among the notable exhibitors, Sinotruk is introducing its HOWO Commander electric light truck, drawing significant interest from international buyers. This truck features a spacious, flat-floor wide-body cabin, a dual-stage electric drive axle, fast-charging capability, and enhanced battery safety systems. A representative from Sinotruk noted that the model has already entered the Southeast Asian market, emphasizing the company's commitment to tailoring its design to meet the specific needs of different regions as part of its global expansion strategy. Next to Sinotruk's booth, GAC is demonstrating three new models, including the Trumpchi S7, Hyper HL, and Aion UT, alongside a suite of smart technologies including the GoMate intelligent robot, the A480 ultra-fast charging station, and a 7kW home charger. The booth created an immersive experience by integrating futuristic technologies into everyday lifestyle scenarios, attracting interest from buyers across Europe, the Middle East, and South America. Two-wheeled electric mobility solutions also made a strong impression. Xiangjin (Tianjin) Cycle Co., Ltd. participated in a themed product release event held on the central stage between Areas A and B. The theme release is part of the Canton Fair New Collection, which spotlights innovative products, technologies, materials, and designs through diverse formats such as release at booths, online gallery, and live sessions. Xiangjin unveiled two premium electric bicycles designed specifically for markets that focus more on a low-carbon lifestyle, featuring carbon fiber frames and fully concealed wiring, combining minimalist aesthetics with rugged functionality to meet the evolving expectations of eco-conscious urban commuters. As smart technology and sustainable mobility increasingly intersect, progress depends on the seamless integration of various components, electric powertrains, charging networks, advanced materials, and user-centric applications. The Canton Fair provides a critical platform for stakeholders across the supply chain to connect, collaborate, and accelerate the global shift toward smarter, greener transportation. View original content to download multimedia: SOURCE Canton Fair Sign in to access your portfolio
Yahoo
19-04-2025
- Automotive
- Yahoo
Smart Mobility and Green Transportation in Focus at the 137th Canton Fair
GUANGZHOU, China, April 18, 2025 /PRNewswire/ -- As global demand for sustainable transportation continues to accelerate, the smart mobility and green transportation sector is experiencing rapid growth. According to industry forecasts, the global electric vehicle market is expected to surpass 950 billion USD by 2030, driven by advancements in electrification, digitalization, and carbon reduction technologies. At the forefront of this movement, the 137th China Import and Export Fair (Canton Fair) is showcasing companies pushing the boundaries of innovation in this space. Among the notable exhibitors, Sinotruk is introducing its HOWO Commander electric light truck, drawing significant interest from international buyers. This truck features a spacious, flat-floor wide-body cabin, a dual-stage electric drive axle, fast-charging capability, and enhanced battery safety systems. A representative from Sinotruk noted that the model has already entered the Southeast Asian market, emphasizing the company's commitment to tailoring its design to meet the specific needs of different regions as part of its global expansion strategy. Next to Sinotruk's booth, GAC is demonstrating three new models, including the Trumpchi S7, Hyper HL, and Aion UT, alongside a suite of smart technologies including the GoMate intelligent robot, the A480 ultra-fast charging station, and a 7kW home charger. The booth created an immersive experience by integrating futuristic technologies into everyday lifestyle scenarios, attracting interest from buyers across Europe, the Middle East, and South America. Two-wheeled electric mobility solutions also made a strong impression. Xiangjin (Tianjin) Cycle Co., Ltd. participated in a themed product release event held on the central stage between Areas A and B. The theme release is part of the Canton Fair New Collection, which spotlights innovative products, technologies, materials, and designs through diverse formats such as release at booths, online gallery, and live sessions. Xiangjin unveiled two premium electric bicycles designed specifically for markets that focus more on a low-carbon lifestyle, featuring carbon fiber frames and fully concealed wiring, combining minimalist aesthetics with rugged functionality to meet the evolving expectations of eco-conscious urban commuters. As smart technology and sustainable mobility increasingly intersect, progress depends on the seamless integration of various components, electric powertrains, charging networks, advanced materials, and user-centric applications. The Canton Fair provides a critical platform for stakeholders across the supply chain to connect, collaborate, and accelerate the global shift toward smarter, greener transportation. View original content to download multimedia: SOURCE Canton Fair Sign in to access your portfolio
