SINOTRUK's stock price surged 5.02% during Monday's intraday trading session, reflecting strong investor optimism.

The sharp rise follows a significant upgrade by Goldman Sachs, which raised its rating on SINOTRUK from "Sell" to "Buy" and increased its target price substantially from HK$21 to HK$51. This revision is driven by the company's stronger-than-expected financial performance, including a 40% year-on-year net profit increase in the second half of last year, and robust recovery in heavy truck export sales. Management has expressed confidence in achieving its 2026 targets, forecasting a 15% revenue growth to RMB 125.5 billion with an 8.5% pre-tax profit margin.

Goldman Sachs also raised its earnings per share forecasts for 2026-2027 by 28% to 33%, citing SINOTRUK's expanding export market share, which accounted for 45% of China's heavy-duty truck exports in 2025. The company has deepened its presence in key overseas markets like Africa, Southeast Asia, and the Middle East, with expectations for continued strong growth momentum in 2026, contributing further to performance and potential valuation re-rating.