Gelonghui March 5 丨 Foton Motor (600166.SH) Investor Relations Activity Record Sheet shows that in 2024, benefiting from the overall rise in “Made in China” reputation and the existing market base, exports of Chinese commercial vehicles are expected to maintain their growth momentum, with an increase of about 10%, down from 2023. The company sought 150,000 vehicles for overseas exports, an increase of about 15% over the previous year. Among them, the focus was on increasing sales of heavy trucks, pickup trucks, and new energy products. Foton's heavy truck growth mainly comes from markets such as Eastern Europe, Africa, and America. The pickup truck business has doubled sales volume through product variety expansion, new platform launch, in-depth infrastructure market development, and new market channel development, and surpassed 20,000 vehicles. The new energy business aims to break through the target of 10,000 vehicles. In the European Union, Asia-Pacific, and American markets, products such as light and light trucks and small VANs for pure electric platforms will be launched one after another, while hybrid products will be launched in key markets.