Delivery of Complete Vehicles and Electrification Platform ProductsNearly 1,000 units (sets)
Share of Overseas ExportsOver 90%
Sales RevenueNearly 500 million yuan
year-on-yearAn increase of 501 TP3T or more......
In the first half of this year
Hengtian Lingrui (Nanjing) Automotive Technology Group Co., Ltd.
Delivered an impressive “report card”
lit. bloom more often than not (idiom); fig. to multiply flowers A Diverse and Comprehensive Product Portfolio
Stepping into the Hengtian Lingrui production workshop in the Lishui Development Zone, rows of new energy buses on the final assembly line stand ready for delivery, with workers conducting final adjustments. “Our current order backlog extends through October, and we expect annual output value to exceed 1 billion yuan,” said Liu Lianshan, Director of the Manufacturing Center, with confidence.
Currently, Hengtian Lingrui continues to see growing sales volumes in its four major markets: South Korea, the Middle East, West Asia, and Europe.In the South Korean market, the cumulative number of vehicles in operation has reached nearly 900; in Saudi Arabia and the Middle East, the company is simultaneously advancing two product lines—Hajj vehicles and city buses; in South Asian markets such as India, exports of electrified platforms continue to rise, and electric chassis and heavy-duty truck products have been deployed in large-scale operations.
The South American market has made the crucial leap from “exploratory” to “full-scale implementation.”Recently, Hengtian Lingrui showcased four core components—including drive motors and motor controllers—at the São Paulo International New Energy Vehicle Exhibition in Brazil, where it reached cooperation agreements with several local Brazilian automakers.
At this point,Hengtian Lingrui’s products have been exported to more than 50 countries and regions worldwide, and its export structure has evolved from a focus solely on complete vehicles to a new model featuring a diversified approach that combines “complete vehicles, core components, and electrification platforms.”
Core Certifications: Building a Solid Moat
What’s the secret to “gaining ground” in overseas markets? The answer lies in the laboratories outside the production floor.
Hengtian Lingrui has mastered the full range of core “three-electric” technologies—electric motors, electronic control systems, and battery packs (PACK). Its independently developed high-speed motor can reach speeds of up to 15,000 revolutions per minute and was the first to adopt flat-wire windings and a high-speed oil-cooling structure.
“For the same volume, our motors offer higher power density and better heat dissipation, allowing them to easily handle the demanding operating conditions of commercial vehicles during prolonged, high-load operations,” said Liu Lianshan. The electronic control system, meanwhile, is derived from rail transit-grade technology, with more than 300 patent applications filed to date.
Strong technology, even stronger certifications. These technologies have earned international certifications from the EU, South Korea, Japan, the GCC (Gulf Cooperation Council), and others. “In the overseas B2B commercial vehicle sector, certifications are the ticket to entry, and customized R&D capabilities are the key to negotiating power,” stated Shi Wenhui, Deputy Director of the Marketing Management Department. “Not all competitors possess this competitive advantage.”
In addition, the electrification of South Korea’s public transportation system continues to expand, the Middle East is accelerating its green transition, and carbon emissions regulations in Europe are becoming increasingly stringent… Global demand for electric commercial vehicles is growing rapidly. “We seized this window of opportunity and achieved success that resonated beyond our borders,” said Shi Wenhui.
Full Steam Ahead: Picking Up the Pace for the Second Half of the Year
With more orders coming in, the production line is naturally under “enormous pressure.”Faced with a concentrated delivery schedule, the Lishui production base is making every effort to improve capacity utilization by optimizing production rhythms, strengthening coordination with key suppliers such as CATL, and implementing dynamic production scheduling., ensuring that every order is delivered on time.
With outstanding results in the first half of the year, how will we build momentum in the second half? We will continue to deepen our presence in the three major established markets—South Korea, the Middle East, and India—to drive repeat purchases and growth; South America and Africa are new frontiers where we will focus our efforts to achieve breakthroughs. In September, the company will participate in the IAA Commercial Vehicle Show in Hanover, Germany—the world’s largest trade fair of its kind—to showcase its core components and electrification platforms to high-end markets in Europe and the United States.
At the same time, the core components business will accelerate its transition to “standing on its own,” moving from “reliance on vehicle exports” to “expanding overseas independently.” In regions such as the Middle East, Southeast Asia, and South Asia, the company will explore localized CKD (Completely Knocked Down) assembly models to expand its overseas reach in a more flexible manner while reducing logistics and tariff costs.
“The second half of the year is the final push—we must hold onto our existing market share and tap into new markets to ensure we successfully meet our annual targets.” Shi Wenhui’s words conveyed his firm confidence in market expansion.
