On October 28th, 2010, at the completion of the Fastest Group's production and sales of over 10 billion yuan and the completion of state-owned enterprise technology centers, Fast stated that starting in the 12th Five-Year Plan, it will enter a new leap-forward development stage, and will no longer only pursue production and sales. The competitive advantage, but to invest a lot of money to enhance the R & D capabilities, will become a competitive international company. Fast High-tech Zone Automotive Drive Engineering Research Institute Building Colorful aluminum hub centric rings for wheel rim, ET+ Aluminum Wheel Hub Ring, Plastic hub center rings wheel hub rings, Aluminum/plastic wheel hub centric rings
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The Fast State-level Enterprise Technology Center started construction in 2009 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.
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. However, Fast seized every opportunity from the market and policy to be able to accompany the development of the Chinese auto industry.
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.
The production and sales income of over 10 billion yuan in 2010 was 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 R&D capabilities, improved product performance, and continuous introduction of new products to meet the future development trend of the truck industry.Although Fast has ranked first in the world in terms of production and sales for several consecutive years, its performance and technology have been compared with its international counterparts. The horizontal gap still needs to catch up with a decade or more.
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.
Fast initially plans to invest more than 10 billion yuan to open up new fields, enhance research and development capabilities, and achieve output value of 20 billion yuan during the 12th Five-Year Plan period. Fast will create a world-class transmission giant with a more open vision and more ambitious goals.