On November 8, 2023, the "2023 China International Commercial Vehicle Exhibition" opened at the Wuhan International Expo Center in Hubei. This biennial event, the only national-level commercial vehicle exhibition in China, was postponed due to the pandemic and has been eagerly awaited by domestic commercial vehicle manufacturers and related suppliers, providing a crucial platform to understand the industry's development.

OKET, a leading provider of intelligent hazardous material transport management solutions in China, participated in this exhibition. We showcased a range of products related to intelligent hazardous material transport management, including #ATGs, #electronic #sealings, intelligent #spill #prevention devices, and tank #tightness detectors.

The exhibition attracted significant attention from both new and existing customers, as well as industry peers, who approached the booth for consultations and discussions. In the process, OKET gained insights into the current situation of end customers and related manufacturers customers, as well as their perspectives on the industry's future development.

Currently, influenced by #energy and #environmental strategies, the growth of new energy vehicles, and #safety #concerns in #hazardous transport, there has been a significant decline in the sales of traditional refined oil transport tankers. Some tanker manufacturers and transport fleets are facing existential challenges, and the industry is in a period of transformation. However, industry consolidation is a necessary process to adapt to resource environments and long-term development.