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Guangxi Yuchai Group implemented the emancipation thoughts in innovation and change, and accelerated the development of the enterprise. The business indicators rose across the board. In the first quarter of this year, the Group achieved sales revenue of 5.98 billion yuan, an increase of 51.2% year-on-year.
Yuchai’s six core industrial sectors all achieved the predetermined targets, of which, the engine segment realized sales revenue of RMB3.8 billion in the first quarter, which was a year-on-year increase of 45.4%; and the automotive chemical segment realized sales revenue of RMB 557 million in the first quarter, an increase of 157% year-on-year; The sales revenue for the quarter was 424 million yuan, a year-on-year increase of 56.2%. The situation is gratifying.
Emancipate the mind and create new advantages
Yu Ping, chairman of Yuchai, believes that the height of thinking determines the height of the company. Since 2005, in just three years, Yuchai's business philosophy has achieved a qualitative improvement. The establishment of the core concept of “Green Development, Harmony and Win-Win†means that the pursuit of Yuchai’s basic values ​​has undergone a fundamental change; “Building a world-famous brand and accomplishing a large multinational enterprise group†Yuchai’s vision is more clearly defined. The ambitious and ambitious goal was established in front of all the people of Yuchai; the Yuchai team spirit of “higher realm, big-mindedness, culture, and utmost cultivation†was promoted, and the basic characteristics of the Yuchai team were more clearly defined.
Under the guidance of this idea, Yuchai Courage became a pioneer in independent innovation, and its ability to integrate innovation was rapidly improved. A large number of auto “green hearts†with independent intellectual property rights were introduced. In terms of product emissions, Yuchai has successfully developed the first domestically-conformed country 3, country 4, country 5 engine, and the launch time is 3-5 years ahead of the national mandatory implementation of emission standards; it has undertaken a number of national 863 cutting-edge topics; Developed China's first and smallest volume 1.2,1.3 litre displacement micro-cabinet diesel engine to fill the gap in the national manufacturing industry; successfully developed the urban passenger car (ISG technology) hybrid power, leading the next generation of new power technology trends . In 2006 and 2007, it obtained 164 national patents, and the number of patent applications ranked first in Guangxi for two consecutive years. It was awarded the "National Patent Advanced Unit," and the patent for the "four-valve diesel engine cylinder head unloading groove" was awarded the "Tenth China." Patent Excellence Award.
Yuchai leads the country in emissions technology, fuel economy, power density, reliability technology and other aspects, synchronizing the international market, leading to outstanding product advantages and increasing market competitiveness. Since the spring of this year, the market has seen positive trends.
To realize the growth of intension with excellent quality
At Yuchai's 2008 marketing service conference, Yuchai officially blew the clarion call of “Excellent Quality, International Yuchaiâ€. The establishment of this business strategy is not only an extension of the core concept of “green development, harmony and mutual benefitâ€, but also a grasp of opportunities such as global economic integration and the introduction of new green environmental protection policies by the country.
This year, Yuchai established the goal of matching international standards. In terms of user services, Yuchai has accelerated the pace of hardware capacity building and professional service team building, and has promoted the healthy development of Yuchai's product market with professional and rapid service support. With the implementation of the "excellent quality, international Yuchai" strategy, the "increased content of Yuchai's economy" has become increasingly prominent.
Based on the orientation of “innovative service model, lower social cost, develop circular economy, and create green powerâ€, Yuchai Corporation has recently obtained the qualification of the country’s first batch of auto parts remanufacturing pilot enterprises.
New breakthrough in industrial layout
This year, Yuchai's industrial layout has made new breakthroughs.
In March, the foundation of Jining Yuchai Engine Co., Ltd., which was jointly invested by Yuchai, Zhejiang Geely Group and Zhejiang Yinlun Group, was started. After the project is completed, it will form an annual capacity of 300,000 Euro diesel passenger vehicles with Euro 5 passenger cars. The Xiamen Yuchai Company, which annually produces 100,000 engines, is also stepping up construction. It has already passed the on-site inspection and approval of production licenses; Yuchai North Agricultural Machinery Production Base, Hubei Yuchai Dooling Engine Co., Ltd. has been put into production since last September. After the production and sales are booming, the Yuchai special-purpose automobile production base with an investment of 150 million yuan was put into production, and nearly 100 million yuan of Beijing Olympics project was completed, which enabled the bulk export of construction vehicles to Vietnam; the first phase of production of 200,000 sets of automotive electrical products. The production base of Yuchai Bonite Electric Co., Ltd. is in full swing.
Decisive battle target of 23 billion speed
The year 2008 was the last year in which Yuchai had fully achieved the goal of “rebuilding a Yuchai within three years.†Yuchai has locked its annual operating target at 23 billion yuan, a goal that is 25% higher than the actual completion of last year.
Faced with unprecedented goals and challenges, the management teams of Yuchai’s subsidiaries have strengthened their responsibilities in the emancipation of the ideological and discussion activities and expressed their passion. They have resolved their pressures as a driving force, signed operational responsibilities, and demonstrated great results. His mind and fearless spirit - "It is a blind man who is marathon. No matter what kind of difficulties he faces, the military order has already been laid down. We must cross the bottom of one's heart and come up with the true color of mankind, and pledge to complete the business goals of the whole year." As a result, Yuchai will once again create a glorious year with the Beijing Olympic Games.
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