Since 2011, Shaanxi Fast Group Co., Ltd. has actively responded to the pressure brought by market adjustments on the production and operation of enterprises, brought into full play the complementary advantages of domestic and foreign markets, and gained market initiative through innovation and development.
In January-November 2011, Fast Group achieved a total sales income of RMB 9.87 billion; completed a total industrial output value of RMB 9.656 billion; and sold 640,978 sets of automobile transmissions, of which USD 35.592 million was earned through exports, an increase of 130.79% year-on-year.
Faced with the new changes in the market situation, the Fast Group has been brave enough to meet challenges and seize opportunities, and has been playing a major role in accelerating the pace of independent innovation, strengthening the management of enterprises, and improving the competitiveness of enterprises. The focus is on product innovation, scientific improvement and improvement. Efforts have been made in areas such as efficiency and cost reduction, actively changing the mode of development, scientifically adjusting the industrial structure, accelerating the integration of industrial resources, and promoting the scientific and rapid development of enterprises.
At present, Fast Xianyang Precision Machinery Co., Ltd. has been completed and put into production. The company's product layout has become more scientific and rational, and its scope has been further expanded. The state-level research institutes have been put into full operation. The level of scientific and technological R&D of enterprises and the strength of independent innovation have been significantly improved. New products, new processes, new technologies, and new achievements have emerged in an endless stream. The company's 6DS series passenger car transmission project at Baoji Plant has been put into mass production, the industrial chain and product support areas have been further extended, market leading position and leading development advantages have become increasingly prominent, and brand competitiveness has been significantly enhanced. The research and development project of Fast “S series transmission†was fully launched, and the process of internationalization of products has been accelerating. It has formed a new pattern of multi-grade, automation, lightweight, high-end, and environmental protection, and it is updated with higher quality. Provides a steady stream of optimized configurations for the user market. On the basis of consolidating the heavy-duty truck market, we have kept a close eye on market hotspots, refined market demands, and actively developed individualized “bright spot†products to achieve new breakthroughs in various fields such as buses, medium trucks, engineering vehicles, and low-speed trucks. The annual production and sales income will exceed 10.5 billion yuan, and the momentum of steady and rapid development will continue to be maintained.
At the same time, the international cooperation of the Fast Group continues to accelerate. The Xi'an Shuangte Intelligent Transmission Co., Ltd., a joint venture with Caterpillar Inc. of the US, has started construction. After the project reaches production, it will be able to form an annual output of 120,000 heavy duty AT transmissions and 1.5 million Export capacity of construction machinery parts.
In order to further accelerate innovation and development, and strengthen and expand its own brands, Fast Group Group, in conjunction with actual conditions, conducts in-depth product “excellent engineering†activities and management innovation activities, and does a good job in rectifying and improving all basic management work. The comprehensive competitive advantage in technological innovation, manufacturing, cost control, customer development, market branding and talent strategy, in the process of strengthening international cooperation and accelerating the establishment of international enterprises, scientifically distributing domestic and foreign markets, keeping a close eye on the world's leading level, and further Increase the pace of technological innovation and product independent R&D, strive to narrow the gap with international advanced companies, increase core competitiveness and brand competitiveness, and lay a solid foundation for sustainable corporate development.
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