Warwick entered the fast lane of development after joining forces with China National Heavy Duty Truck Group. From January to November 2010, the company sold 8,500 special-purpose vehicles and achieved sales revenue of 600 million yuan. It is expected to produce and sell more than 10,000 special-purpose vehicles throughout the year, with sales revenue exceeding 700 million yuan and foreign exchange earnings of more than 20 million US dollars. All indicators are at the forefront of similar enterprises in Suizhou City.
In October 2008, Hubei Warwick Company and China National Heavy Duty Truck Group merged to form China National Heavy Duty Truck Group Hubei Warwick Special Purpose Vehicle Co., Ltd. In the past two years, Warwick Company has invested more than 90 million yuan in technical transformation and expansion of production capacity. It has successively implemented technical transformation of dump carriages and tank truck production lines, and installed a new dump truck assembly automated production line; it has acquired 240 acres of land to build The factory has a new tank truck production line and a tank truck painting line to improve the tank truck production capacity and the environmental protection level of painting. The relevant person in charge of Warwick Company revealed that the company will acquire 220 acres of land in 2011 to build a new production line.
Relying on the R&D platform of the National Technology Center of China National Heavy Duty Truck Group, Warwick Company has increased its efforts in independent innovation. In recent years, the company has successively developed linkage opening of dump truck tailgates, hydraulic locking devices, etc., and has obtained 7 national patents. Among them, the asphalt transport trucks developed by the company have earned more than 1 million US dollars in foreign exchange through exports, and received orders for more than 100 units in 2011.
With the help of China National Heavy Duty Truck Group’s capital, technology, brand, market and management advantages, China National Heavy Duty Truck Warwick Company’s product competitiveness and market share have continued to increase. The company's three series of dump trucks, semi-trailers and tank trucks and more than 200 varieties of special vehicles are popular in domestic and foreign markets. In particular, dump trucks are the company's flagship product, accounting for 70% of all sales, and their technical content has reached the international leading level.