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SINOTRUK HOWO: 20 Years of Ingenious Journey

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JINAN, China, July 11, 2024 /PRNewswire/ — 20 years is enough time for an industry to undergo profound changes, and the heavy-duty truck industry is no exception. During the past two decades, many once brilliant heavy-duty truck brands have gradually faded away, disappearing into the currents of the market. However, amidst this widespread transformation, there are always some exceptions that can swim against the tide. HOWO, a brand of SINOTRUK, after being tempered by time, shines even more brightly.

Quantity equals justice. As the first single brand in the domestic truck industry to produce and sell over 2 million units, HOWO is rightly the “king of sales”. Overseas, the HOWO brand has made crucial contributions to SINOTRUK ‘s being the top exporter for consecutive years.

HOWO is more than just a name; it’s a legend.

HOWO’s 20 Years of “Endless Exploration” Yields Abundant Results

The birth of HOWO coincided with the heyday of China’s heavy-duty truck industry. From 2000 to 2002, China’s heavy-duty truck market experienced a three-year boom, characterized by rapid growth. It was against this backdrop that SINOTRUK quickly realized the need to seize this historic opportunity. As a result, the company set ambitious production and sales targets, aiming to achieve 35,000 units by 2004, 70,000 units by 2007, and 100,000 units by 2010.

After a year of meticulous construction, on October 28, 2004, the first HOWO truck rolled off the assembly line at SINOTRUK Jinan Heavy Truck Co., Ltd.’s new assembly line. From then on, China’s heavy-duty truck manufacturing technology began to align with international standards. From the domestically widest interior cabin, to domestically pioneering technologies approaching or reaching international standards such as engine combustion control and vehicle electrical circuit control, and further to the world’s largest single-stage reduction axle and China’s highest-level intelligent main control system, HOWO gained fame with numerous “firsts”, “leading”, and “original” innovations. It exceeded ten thousand units in its first year of production and sales, surpassed 20,000 units in 2006, accounting for one-third of SINOTRUK’s total annual sales, and began exporting in bulk overseas.

HOWO-7, upon its inception, became China’s most advanced heavy-duty truck. Subsequently, the launch of HOWO-A7 not only consolidated SINOTRUK’s years of technological accumulation and innovation but also became the pinnacle of domestic heavy-duty trucks, leading China’s heavy-duty truck industry towards advanced global standards. The HOWO TH7 not only features the globally unique worry-free automatic transmission but also, together with the HOWO MAX, is equipped with a 590-horsepower natural gas engine boasting a high thermal efficiency of up to 54.16%. This combination marks the beginning of the era of high-horsepower gas-powered vehicles. As the world’s first L4-level fully electric autonomous container truck, the HOWO T5G intelligent connected vehicle commenced trial operations at Tianjin Port, setting an industry record. Together with China’s I-generation intelligent truck HOWO T7H, which was launched 14 days later, they jointly heralded the arrival of the intelligent era for China’s domestic heavy-duty trucks.

Customer Trust Comes from Refined Craftsmanship

The shoulders of giants are not smooth. HOWO stands firm because it excels at introducing, absorbing, and making use of technological advancements, laying a smooth path on the shoulders of giants. In 2003, SINOTRUK introduced Volvo’s heavy-duty truck technology, giving birth to the HOWO series. The series mastered Volvo’s technological essence, with cabin safety meeting the world’s most stringent requirements. It innovatively introduced a four-point suspension system and world-class air suspension damping, achieving optimal shock absorption on any road conditions.

In 2009, SINOTRUK once again introduced foreign heavy-duty truck technology, this time from MAN in Germany. During the collaboration, SINOTRUK assimilated and absorbed the complete set of advanced technologies from MAN in engines, axles, and entire vehicles. The engines produced with MAN technology were 15 years ahead of the mainstream global standards at that time. At the same time, the collaborative products inherited HOWO’s adaptability to Chinese and developing countries’ operating conditions, as well as their high cost-effectiveness, laying the foundation for the implementation of advanced technologies.

In addition, SINOTRUK learned from MAN’s development approach, business processes, production techniques, management methods, and their commitment to excellence and diligent work ethic. At that time, many joint ventures and collaborations faced the issue of “discounting”: they could produce excellent prototype vehicles, but struggled to consistently meet standards during mass production. SINOTRUK and MAN realized that the key issues lay in management. Both parties placed high emphasis on production consistency, providing batch-by-batch technical training and support for every major component and assembly. Regarding quality, multiple “quality control checkpoints” were established, and each of SINOTRUK’s factories gradually implemented quality enhancement management concepts, striving to create high-quality collaborative products.

After three years of hard work, by the end of 2012, the HOWO T7H and HOWO T5G, equipped with MAN technology engines, single-stage reduction axles, and related assemblies, were unveiled. They were launched in early 2013 and became flagship products of SINOTRUK. In the harsh winter of 2015 for the heavy-duty truck market, sales of the HOWO T7H increased by 97.38% year-on-year, while the HOWO T5G saw an even higher increase of 130.23%.

From towering technological achievements to sweeping sales success, HOWO not only shouldered the heavy responsibility of SINOTRUK’s sales but also, with its international comprehensive capabilities, cured China’s heavy-duty truck industry of its “fear of heights” towards global giants. It accelerated the industry’s high-end transformation, ushering in a new chapter of “Made in China” replacing imports.

Truly Excellent Products Appreciated Worldwide

Elevating “Made in China” to world-class standards and showcasing “Made in China” to the world. Starting its overseas expansion in 2004, by 2023, SINOTRUK’s export volume of heavy-duty trucks has dominated half of the industry. Some may attribute the fact that half of the heavy-duty truck exports belongs to SINOTRUK to “first come, first served.” However, going global has never been a shortcut. Without sustainable advantages, it will eventually lead to a situation of “starting early but arriving late.” In the process of expanding its global presence, HOWO has earned high trust from overseas customers through its strength, innovation, and profound understanding of their needs.

In many overseas projects where Chinese companies outsource earthwork engineering, it was found that contractors often struggle to deliver on time. This is mainly due to low equipment utilization rates and inadequate service. However, HOWO, born from European technology and adapted through localized development according to local needs, has gained a reputation for reliability and minimal after-sales issues. It has become a cornerstone for many flagship projects and a synonym for “Chinese trucks.”

Building on this foundation, HOWO continues to make improvements according to local regulatory requirements and usage habits. In 2012, 2000 units of HOWO A7 trucks equipped with Euro V engines were exported to Brazil. This marked the first large-scale export of heavy-duty trucks from China meeting National (Euro) IV emission standards or higher. In June 2013, HOWO A7, independently innovated by SINOTRUK with full intellectual property rights, broke the monopoly of international heavy truck brands like Scania and entered Hong Kong, which historically enforces the strictest automotive fuel and exhaust emission standards. In 2017, HOWO achieved bulk exports to Ireland, signifying that HOWO, representing Chinese heavy-duty trucks, had passed comprehensive inspections in Europe, known as the “homeland of trucks.” With high technological standards, reliability, and consistent production quality, it reshaped the global perception of Chinese heavy-duty trucks and opened up limitless opportunities for future endeavors.

Looking back from the year 2024 to 2004, one can see that HOWO’s brilliant two decades of success were not accidental. Behind this success lies the mission of national heavy-duty trucks, an open-minded attitude towards win-win cooperation, and the commitment to “taking proactive action in all endeavors.” These are the origins of its journey so far and the confidence it has in shaping its future.

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TiTE x IHT 2026: The Definitive Hub for Taiwan’s Hardware Manufacturing Excellence

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TAICHUNG, May 6, 2026 /PRNewswire/ — When sourcing from Taiwan, location is the ultimate strategic advantage. Don’t be misled by smaller, general trade shows held in city centers like Taipei. To truly connect with the source, you must go where the products are born. TiTE x IHT (Oct 20-22, 2026) in Taichung is the undisputed largest and most vital hardware industrial expo on the island. Hosted directly in the heart of Taiwan’s precision manufacturing cluster, this event features 1,000+ booths and 500+ top-tier manufacturers, offering a scale and industrial depth that no other exhibition can replicate.

Why Global Buyers Choose the Taichung Source Over Urban Trade Shows:

The Revolutionary “Exhibition as Factory” Model: Taichung is the global epicenter for hardware, home to 70% of Taiwan’s industry output. Our unique location enables the “30-Minute Sourcing Circle.” This allows you to verify high-end samples on the show floor in the morning and audit world-class production lines by the afternoon. By eliminating the travel gap between the booth and the factory, we reduce traditional procurement cycles from weeks to hours, providing unmatched transparency for R&D, capacity assessment, and quality control.ESG & CBAM Compliance for Western Markets: As the EU’s Carbon Border Adjustment Mechanism (CBAM) and global ESG mandates reshape trade, our exhibitors are already ahead of the curve. Discover CBAM-ready solutions and green manufacturing processes specifically designed to meet the strict sustainability requirements of the European and American markets. We provide more than just tools; we provide carbon-footprint-managed resilience for your brand.AI-Driven Smart Manufacturing: Address global labor shortages and rising costs with Taiwan’s latest innovations. The 2026 expo focuses on “AI Empowerment,” showcasing collaborative robotics, automated digital inspection, and data-driven supply chain management. These technologies ensure lead-time stability and high-precision consistency for premium global brand owners.Direct Sourcing & Global Matchmaking: Skip the middlemen and trading agencies. Our “Global Buyer Day” offers exclusive, pre-arranged matchmaking with the actual OEMs/ODMs. This is the primary decision-making platform for major distributors seeking resilient, direct-to-factory partnerships that guarantee the best pricing and priority production slots.

Experience the synergy of smart manufacturing and global trade. Stop at the source—where the world’s hardware is actually built. Secure your competitive edge in the true heart of the industry.

【TiTE x IHT】

Date: October 20-22, 2026Venue: TICEC, Taichung, TaiwanRegister Now: https://accu.ps/g8MZ1SHousing Subsidy: https://forms.gle/34VHVxSrEw7g8GxDAOfficial Website: https://www.hardwareexpotw.com

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SOURCE TiTE x IHT

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KIST Accelerates U.S. Expansion of Quantum Deep-Tech Startups Through SelectUSA 2026

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SEOUL, South Korea, May 5, 2026 /PRNewswire/ — The Korea Institute of Science and Technology (KIST) President Oh Sang-rok announced that it will participate in the SelectUSA Investment Summit 2026 as part of a Korean delegation, together with quantum technology startups supported by the Ministry of SMEs and Startups under the Deeptech Project (DIPS).

The initiative, supported by South Korea’s Ministry of SMEs and Startups (MSS), is part of the government’s “Deeptech Incubator Project for Startups” (DIPS) initiative, which aims to nurture globally competitive deep-tech ventures.

KIST, which serves as the lead institution for the quantum technology sector under the program, said it will oversee the global commercialization efforts of participating firms. In particular, the “Global Bridge Program,” jointly developed with the U.S. Embassy in Korea in September 2025, is an official program designed to generate tangible overseas expansion outcomes by linking investment attraction with local market entry through diplomatic channels.

Organized by the U.S. Department of Commerce, the SelectUSA Investment Summit is the largest investment promotion event in the US, connecting international startups with venture capital firms, corporate investors and state-level economic development agencies.

It serves as an execution-oriented platform that extends to investment, corporate establishment, site selection, and tax incentives, and is considered a key entry gateway for deep-tech companies, including those in quantum technology.

KIST said participation in the summit is particularly significant for deep-tech sectors such as quantum technology, where access to the US innovation ecosystem is seen as key to growth.

The program is conducted in two stages. From April 30 to May 1, companies took part in a spin-off program hosted by the State of Maryland, which included visits to research institutions and tours of the regional quantum technology ecosystem.

During this period, the delegation also conducted localized activities with the Maryland state government and its economic development agencies, focusing on investment attraction, corporate collaboration, and joint R&D. In addition, on May 5, the delegation held discussions with U.S. Department of Commerce Deputy Secretary William Kimmitt on potential areas of cooperation.

The delegation will also meet officials from Fairfax County Government to explore collaboration and investment opportunities.

The main summit, currently ongoing from May 3 to May 6, features exhibitions, pitching sessions and meetings with US state representatives, with participating firms expected to engage in discussions on investment and market entry.

The delegation is structured to encompass the entire quantum industry rather than a single technology domain.

The Korean delegation comprises five startups, alongside Kyung Hee University Department of Future Science & Technology Commercialization Policy and Entrepreneurship, with approximately 20 participants forming an integrated ecosystem that combines research institutes, academia, and startups, enabling a full-cycle support system from technology validation to commercialization and global expansion.

One of the firms, OptiQ-Labs, was selected for an official pitching session on May 4, where it presented its laser-based optical modules designed for ion-trap quantum computing systems.

This highly competitive program selects only around 100 companies from more than 20,000 applicants worldwide. If selected as the winner of the pitching session, the company will receive follow-up meetings with U.S. state governments and economic development agencies, access to global investor networks, support for local entity establishment, and connections to site selection and tax incentive programs.

Other participating companies include QUAD, which develops single-photon detection technology; SLEEX, focused on underwater sensing; Elixir (StatUp AI), which works on quantum-classical hybrid algorithms for healthcare; and SQK (QMEDIC), specializing in physics-based imaging solutions.

KIST Project Director, Kang Sunjoon, said, “This program represents a critical milestone for Korean quantum startups to directly connect with global investors and industry ecosystems. Via the DIPS program, we are actively promoting the global commercialization of quantum technologies.”

Through its participation in SelectUSA, KIST has established a package-type global expansion model that integrates technology validation, investment attraction, and U.S. market entry.

The summit serves as a turning point for South Korea’s quantum sector, enabling startups to move into the next phase of validation, investment, and overseas expansion.

For more information, visit https://eng.kist.re.kr/.

About KIST 

KIST was established in 1966 as the first government-funded research institute in South Korea. KIST now strives to solve national and social challenges and secure growth engines through leading and innovative research.

About Participating Quantum Startups

QUAD, led by Chief Executive Officer, Oh Byung-doo, develops quantum sensing technologies based on superconducting nanowire single-photon detectors (SNSPDs), offering high sensitivity and precision with applications spanning quantum communication, quantum computing, semiconductor inspection, and defense.

SLEEX is developing an advanced perception technology that combines quantum LiDAR and electric field sensing to overcome limitations of existing underwater sensors, particularly by eliminating blind zones within the 0–2 meter range, with strong potential in autonomous navigation, maritime security, and defense, with Lee Jeho at the helm as Chief Executive Officer.  (https://www.thesleex.com)

Elixir, headed by Chief Executive Officer Jang Jung-kwon, develops a drug discovery and biomarker analysis platform based on quantum-classical hybrid algorithms, targeting the precision medicine market through the integration of bioinformatics and quantum machine learning. (statupai.com)

SQK develops medical imaging AI based on quantum-physics constraints, addressing the hallucination issues of conventional AI by ensuring physical consistency in CT and MRI reconstruction. Under the leadership of Chief Executive Officer Kim Yoon-hak, SQK is improving reliability and reducing the need for re-scans in clinical settings. (www.sqkcloud.com)

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SOURCE The Korea Institute of Science and Technology (KIST)

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Former Visa Asia Pacific Executive David Tay Joins YeahPay as Global Vice President

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SINGAPORE, May 6, 2026 /PRNewswire/ — YeahPay, the international payment brand under YEAHKA (9923.HK), has appointed David Tay, a former senior executive at Visa Asia Pacific, as Global Vice President, tasking him with overseeing the strategic direction and product ecosystem development of YEAHKA’s overseas payment business. The appointment comes as global digital trade enters a new phase defined by ecosystem integration, with payment infrastructure undergoing a generational shift in acceleration.

David Tay, a Singaporean national, is a rising leader in the payments industry. During his career at Visa, David played a key role in driving business growth across multiple Southeast Asian markets, demonstrating early promise in commercial insight and innovation. He subsequently moved into Visa’s Innovation division, where he rose to serve as Head of Innovation, leading Visa Pacific’s product innovation and new business.

In that capacity, David led the commercialization of cutting-edge payment paradigms including Visa Flex Credential and Pay by Palm. He was also involved in the evaluation and governance of strategic partners across the region, accumulating deep expertise in collaborating with banks, fintechs, and large-scale enterprise merchants.

David’s track record spans the full go-to-market lifecycle, from concept to pilot to scale, as well as deep capabilities in cross-institutional partnerships and ecosystem development. His appointment comes at an inflection point for YEAHKA’s international expansion. According to YEAHKA’s 2025 annual report, its overseas business delivered full-year Gross Payment Volume (GPV) surpassing RMB 5 billion, representing a 323.3% year-on-year surge from RMB 1.1 billion in 2024.

View original content:https://www.prnewswire.com/apac/news-releases/former-visa-asia-pacific-executive-david-tay-joins-yeahpay-as-global-vice-president-302763652.html

SOURCE Yeahka

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