Production and sales break through the 10 billion mark Fast gear industry dominates

On October 28th, 2010, the Completion Ceremony of the Fastest Group Company's production and sales of over RMB 10 billion and state-level enterprise technology centers was held in Xi’an. Leaders of the national ministries, provinces, and cities, as well as leaders of major host companies across the country, attended the ceremony to express their congratulations.

In the first 10 months of 2010, the sales revenue of the Fast Group exceeded the 10 billion yuan mark. It is expected that the annual sales income will reach 12 billion yuan, and the production and sales of transmissions will exceed 850,000 units. In the face of this impressive performance, who can imagine that, ten years ago, Fast sold only 100 million yuan. Today, the production and sales volume of the Fast Transmission is equivalent to the level of the first half of the decade. The operating indicators have ranked first in the country's gear industry for eight consecutive years, and the production and sales volume of heavy-duty transmissions ranks first in the world for five consecutive years.

Fast Transmission Production Breaks through 10 Billion Celebration Site

Enterprises that only pursue pure production and sales are lack of real competitiveness. The reason why Fast can constantly surpass itself and become a leader in the industry lies in the fact that the company always adheres to the road of independent technological innovation, independent research and development of products, and independent development of enterprises. Especially in the construction of self-owned brands and independent intellectual property rights, Fast has achieved remarkable results. It has realized a full range of scientific, diversified and serialized development in the field of heavy-duty transmissions. The successful completion of the state-level enterprise technology center is the best evidence of Fast's focus on science and technology research and development. This indicates that Fast has built a domestic first-class science and technology R&D system and independent innovation system, and has formed a new pattern of integrating production, learning, and research into the complementary advantages of domestic and foreign markets, and has truly developed into a world-class enterprise with international competitiveness.

On the basis of consolidating the development of heavy-duty transmissions, Fast achieved new breakthroughs in various fields such as passenger cars, medium and light trucks, engineering vehicles and low-speed trucks, and achieved breakthroughs in the research and development of vehicle drive systems such as retarders. It has formed a new pattern of dual countershaft transmissions as the mainstay, supplemented by single-shaft transmissions, multi-speed transmissions and multi-series transmissions. The automotive transmission products cover the 4 to 6-speed range and are widely matched to various types of trucks, such as trucks, engineering vehicles and buses, with input torques of 300 to 3,000 Nm and load capacities of 2 to 60 tons. Heavy-duty transmission products have been chosen as fixed-point supporting products by thousands of models from hundreds of domestic and foreign OEMs.

Chairman of Fast Group Li Dakai
Chairman of Fast Group Li Dakai

In recent years, the issue of environmental protection and energy conservation has become a hot topic in the world, and the automobile industry is paying more and more attention to promoting green products. Fast has made great achievements in environmental protection. It has realized the automation, energy saving, light weight, and environmental protection of heavy-duty transmissions, and strives to contribute its part to the world's major environmental protection projects across the century. It is understood that the independent research and development launched by Fast, 12-speed, 16-speed, 8-speed, small 8-speed, 10JSD, 6DS, AMT, and a series of new transmission products with lightweight design in the brand effect, quality performance, energy saving and environmental protection Such areas have rapidly occupied the commanding heights of energy-saving products, and are favored and favored by users, and have won the first chance for the scientific development of enterprises. It is worth mentioning that the new all-aluminum alloy shell lightweight transmission new products developed by Fast have been put into mass production, and the total weight has been reduced by more than 100 kilograms, which provides the latest optimized configuration for the vehicle to achieve lightweight and energy-saving improvements. Further meet and adapt to market development needs.

The development of the Fast Group has been highly concerned and supported by the leaders of the Party and the country. Hu Jintao, Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, Zhou Yongkang, Zeng Qinghong, Luo Gan, Li Yuanchao, Zhang Dejiang, Wang Zhaoguo, Wang Lequan and other leaders Once visited Fast at one time.

Mr. Li Dakai, chairman of Fast Group, said in his speech: “As a key enterprise in China's automobile industry and Shaanxi Province, we are deeply burdened with more responsibility and greater responsibility. For Fast, both output value and sales revenue are breakthroughs. The 10 billion yuan mark is just another new starting point on the road ahead, and higher and further goals are beckoning to us. Fast once again faces new challenges and faces new development opportunities. We will continue to climb new ones. At the peak, we will work hard to make the company bigger and stronger, and to update its contribution to the development of China's auto industry and local social economy."

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