"Sales revenue of more than 10 billion yuan is very significant for Fast. We are willing to regard it as a new starting point, new challenge and new opportunity for Fast Development." October 28, 2010, production and sales at Fast Group At the completion ceremony of the ultra-billion-dollar and national-level enterprise technology center, Li Dakai, Chairman and Party Secretary of the Fast Group, stated that the “ Twelfth Five-Year Plan†began, and Fast will enter a new leap-forward development stage, and will no longer pursue only production and sales. With regard to its competitive advantages, it is necessary to invest a lot of money to enhance its R&D capabilities and transform Fastest into an internationally competitive company.
The Fast State-level Enterprise Technology Center that started construction last year is an important part of Fast's new leap-forward development. It is understood that the technical center has a total investment of more than 600 million yuan, of which more than 90% of the more than 40 test benches purchased are world-class imported test equipment. Such a generous investment also marks a step into the road of technology leadership, innovation and technology, and technical support. Fast has formed a new structure that integrates production, education, and research, and complements the development of domestic and foreign markets. By then, Fast's scientific and technological innovation capabilities and independent research and development capabilities will reach a new level.
Fast High-tech Zone Automotive Drive Engineering Research Institute Building
â– Tens of years of hard work and fruitful results
Since 2000, Fast has achieved leaps and bounds, and its business indicators have been growing at a double rate each year. At the beginning of the “Eleventh Five-Year Plan†period, Fast had an annual sales income of only 3 billion yuan. At that time, Fast had announced the goal of producing and selling over 10 billion yuan, and many people did not believe it. It is no wonder that Zhang Xiaokai, executive vice president of the China Machinery Industry Federation, lamented that Fast's development speed is a miracle.
Li Dakai believes that the achievements of Fast today are the result of tenacious struggles of several generations. In the past ten years, Fast has seized every opportunity from the market and policy to be able to accompany the Chinese cars. The growth of industry has grown.
In 1999, the annual output of transmissions in the Shaanxi Automobile Gear Plant was only 6063 units, and the annual sales revenue was nearly 140 million yuan. This year, the sales volume is expected to exceed 850,000 units, and the annual sales revenue is expected to reach 12 billion yuan. Behind the disparate figures is the unremitting efforts of the Fast people, and it is the accurate and decisive attitude of Fast's leadership team. In 1998, for four and a half months in which no salary was paid, companies insisted on granting subsidies to key technicians. This has accumulated valuable talents for the company's subsequent development; in September 2001, in order to secure substantial funds for rapid development, Shaanxi Dental Group With its joint venture with the Hunan Torch, the plant established Shaanxi Fast Gear Co., Ltd. and successfully implemented enterprise restructuring. In 2003, Fast achieved a successful technological transformation. In 2004, the heavy-duty truck produced a large harvest; In 2008, when the market fell sharply, Fast chose to increase capital and expand production; in 2010, Fast, which accurately judged the market trend, smoothly achieved a steady growth in production capacity from 550,000 units to 850,000 units. For more than a decade, Fast has taken every step of the market and national policy. [next]
â– Transformation and upgrade open dream
This year's production and sales revenue of over 10 billion yuan has been a perfect end to Fast's "Eleventh Five-Year" development. Broadening product lines, improving product quality, and transforming from component suppliers to system suppliers have become a new direction for Fast during the 12th Five-Year Plan period.
“If during the “Eleventh Five-Year Plan†period, Fast is basically satisfying market demand by adhering to independent innovation and increasing technological transformation efforts, then during the 'Twelfth Five-Year Plan' period, this growth mode will change. In particular, through the promotion of product research and development capabilities, improve product performance, and constantly introduce new products to meet the future development trend of the truck industry.†Li Dakai told reporters that although Fast has ranked first in the world in production and sales for several years, compared with its international counterparts, The gap in product performance and technical level still needs to catch up with in a decade or even longer.
During the “Eleventh Five-Year Plan†period, on the basis of consolidating the development of heavy-duty transmissions, Fast has achieved new breakthroughs in the fields of passenger cars, medium trucks, engineering vehicles and low-speed trucks, and has achieved research and development in the field of retarder and other automotive transmission systems. Breakthrough progress. Li Dakai revealed that during the "12th Five-Year Plan" period, in addition to consolidating the existing market, Fast's products will be expanded to the entire drive field.
During the "12th Five-Year Plan" period, Fast will continue to maintain and enhance its products' advantages in automation, light weight, and multi-blocking. By 2015, Fast will have to transform from component suppliers to system suppliers. This role change will bring challenges to production and management for Fast.
“Faster plans to invest more than 10 billion yuan to develop new areas, increase research and development capabilities, and achieve a production value of 20 billion yuan during the 12th Five-Year Plan period. This is the goal of Fast's current capital, product and technology. Not high," said Li Dakai.
Now, with a new starting point of production and sales of 10 billion yuan, Fast has a broader vision and a more ambitious goal. This small giant in the gear industry is moving toward the ideal of the drive kingdom.
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