Hanma Technology

[3] A predecessor of Hualing Xingma built its plant in 1970 and initially produced building materials machinery.

[5] In the same year of its listing, it signed a long-term technical cooperation agreement with Mitsubishi Fuso of Japan, entering into the heavy truck production.

It made a profit in 2016 through investments from the shareholders, to avoid a market rule that delisted companies having loses for three years in a row.

As part of the deal, Hualing Xingma would acquire CHTC's Hubei Xinchufeng in exchange of shares.

In August 2017, Hualing Xingma announced that various complexities would stop Hubei Xinchufeng acquisition, but the agreement for CHTC taking a stake was still in place.

CAMC-bagded products are exported to Eastern Europe, North Africa, Southeast Asia and South America, among other markets.

A CAMC truck, pictured in 2012