Since 2011, Fast Group Co., Ltd. has actively responded to the pressure brought by the adjustment of the domestic heavy truck market to the company's production and operation, fully utilized the complementary advantages of domestic and foreign markets, and won the initiative for enterprises to seize the market. In the first five months of 2011, Fast sold its company's total sales revenue by 5.93 billion yuan, sold 3,950,98 sets of automobile transmissions, and achieved export foreign exchange of 11.208 million US dollars. All business indicators exceeded the same period of 2010 and continued to maintain a steady growth momentum. Among them, in May 2011, sales revenue exceeded RMB 1 billion in a single month, and more than 62,000 automobile transmissions were produced and sold. The foreign exchange earned through exports reached USD 4.031 million, an increase of 198.67% year-on-year.
Facing the new changes in the market situation, the Fast Group takes full advantage of the market adjustment period, focusing on product innovation, scientific improvement, efficiency improvement, cost reduction, etc., and improves the basic management work. Accelerate the pace of product structure adjustment and optimization upgrade. On the basis of consolidating the leading position in the heavy-duty truck market, Fast has kept an eye on the market hot spots, actively developed personalized highlight products, and achieved wide-ranging development in multiple markets such as buses, trucks, engineering vehicles, and low-speed trucks, and achieved lightweighting. , multi-block, automation and green low-carbon, energy-saving and environmentally friendly product innovation has achieved fruitful results.
The new 12-gear transmission new products independently developed by Fast and the new products of AMT and AT automatic transmissions have rapidly seized the market's commanding height and have become a new bright spot for promoting business growth.
At the same time, Fast has scientifically grasped the time difference between the two domestic and foreign markets, seized the opportunities brought by the stable recovery of European and other foreign markets, and actively expanded exports. Currently, a series of lightweight, multi-blocked, and automated new products developed by Fast have formed a competitive advantage in scale development.
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