In 2023, the Internal Control and Compliance Management System went online.The Internal Control and Compliance Management System (ICS) went online for trial operation in April 2023, building an internal control and compliance management framework with the institutional system as the core, linking real-time updates of the authorization system, process system, and responsibility system.

　　In 2021, the registered capital increased by 1.1 billion RMB.In June 2021, the registered capital increased from 1.5 billion RMB to 2.6 billion RMB, enhancing the company's ability to resist risks and financial service capabilities.

　　In 2021, the Joint Loan Business was launched.Drawing on advanced experience in bank loan management, the company launched a joint loan project with the Agricultural Bank of China (ABC) in April 2021. After four months of joint efforts, the parties reached consensus on the agreement terms, completed the development of system interfaces, and obtained regulatory approval. The first joint loan transaction was facilitated on August 11, and the signing ceremony of the project cooperation agreement was successfully held on August 13.

　　 In 2021, the company was renamed as Sinotruk Auto Finance Co., Ltd.In March 2021, with regulatory approval, the company was officially renamed Sinotruk Auto Finance Co., Ltd., abbreviated as "Sinotruk Finance" , highlighting the “national attributes” of the financial company and the "Sinotruk" brand.

　　 In 2018, the registered capital increased by 1 billion RMB.To meet the actual development needs of the company, in April 2018, the registered capital of the company increased from 500 million RMB to 1.4 billion RMB; In December 2018, the registered capital increased from 1.4 billion RMB to 1.5 billion RMB.

　　 In 2017, the used automobile loan business was newly launched.In 2017, as part of the company's business expansion, the used automobile loan business was launched, providing loans to individual and corporate customers purchasing used vehicles, recognizing two ownership transfer methods: vehicle transfer registration and change of affiliation.

　　 In 2016, the Light Truck Easy Loan and Turnover Vehicle Business were launched.Starting in 2016, the company introduced the Easy Loan business, mainly targeting individual and corporate customers purchasing medium and light-duty trucks. Customers apply for loans from the company, which then provides car purchase loan services to end customers and RMB loan services to automobile dealers for vehicle and spare parts purchases.

　　In 2015, Sinotruk Auto Finance Co., Ltd. (formerly Shandong HOWO Auto Finance Co., Ltd.) was established.In September 2015, in accordance with the companys business development needs and approved by National Financial Regulatory Administration (formerly known as China Banking and Insurance Regulatory Commission), the former finance companys automotive finance section was spun off to establish Sinotruk Auto Finance Co., Ltd. (formerly Shandong HOWO Auto Finance Co., Ltd.). It obtained a financial license to continue its original business model and provide high-quality financial services to dealers and end-users.