Yuchai's 2013 Supplier Seminar Convenes to Promote Technology Upgrade to Meet the Challenge

On December 22, 2012, Yuchai Machinery Co., Ltd. held a 2103 supplier seminar in Wuxi with the theme of "Technology upgrade to meet the challenge". Yu Ping, chairman of Yuchai Corporation, and general manager Wu Qiwei led the members of the leadership team and 15 supplier representatives to discuss issues related to the upgrading of China IV technology and how to deal with upgrade challenges.

Luan Ping asked the supplier federation. He hoped that each year's seminar will include new suppliers' representatives, adding fresh blood, listening to new voices and ideas, and requesting the federation to discuss the progress of issues that need to be improved and complete evaluations. Responsible personnel and other information are reported in detail to ensure that suppliers’ concerns are effectively addressed and both parties are truly mutually beneficial and win-win.

Junping said Yuchai's brand positioning is “professional” and “efficient.” Yuchai will continue to build the best supply chain in the industry, and hopes that the majority of suppliers will have confidence in the future development and have confidence in Yuchai. The development of Chai's strategy is focused on product quality and provides Yuchai with a strong supply of guarantees.

The representatives of suppliers have discussed and discussed issues such as joint design and development, technological innovation, technology cost reduction, and market segmentation. He also stated that he must work together with Yuchai to focus on the goals of professional power suppliers and further improve the power of trucks , passenger cars, engineering, agricultural machinery, shipbuilding, and other power products.

At the meeting, Wu Qiwei made a speech on the contents of the seminar. He said that Yuchai will begin to evaluate, classify, and grade management of suppliers' R&D capabilities next year to ensure the optimal status of the supply chain. Zhong Yuwei, deputy general manager of the joint-stock company, made an analysis of the implementation of the 2013 State IV regulations and Yuchai's main vehicle product strategy report.

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