With the advantage of technological innovation, Fast Group, a well-known auto parts company in China, sold 376,400 automobile transmissions in the first three quarters of this year, accumulating sales revenue of 5.339 billion yuan.
Li Dakai, chairman of Fast Group, said that the business operations of the company in the first three quarters were generally very good and had successfully passed the financial crisis. In September, in particular, it sold 52,999 units of automobile transmissions, realized sales revenue of 744 million yuan, an increase of 41.56% year-on-year, and all business indicators exceeded the highest level of the same period last year.
2009 was a very critical year for Fast. In response to the impact of the financial crisis on companies, the Fast Group has seized the opportunity presented by the national, provincial and municipal policies of “guarantee growth, structural adjustment, and expansion of domestic demand†to “reorganize and enhance the year†activities and science. "Improve, improve efficiency, reduce costs," the theme of the event, and constantly accelerate the pace of product innovation, scientific adjustment of product structure, and actively explore new markets, and fully extend the industrial chain, in order to promote the stable and rapid development of enterprises laid a solid foundation.
Currently, transmission new products such as 12-speed, 16-speed, small-block 8th, and small-block 8th gear produced by Fast have become the new bright spots that drive the growth of the company's production and sales, and have formed new brand benefits in the user market. Among them, the 12-speed transmission has not only withstood the test of the domestic market, but also withstood the rigorous inspections of European and Japanese merchants. It has been selected as a standard transmission by the new heavy trucks of several joint ventures.
Li Dakai is full of confidence in the prospects for the development of the company. He believes that the market after the National Day will enter a new round of major adjustments. From the perspective of market trends, economic heavy trucks will become a new bright spot for market demand next year. As Fast's products have a good development prospect in economical heavy trucks, Fast will welcome another new development opportunity.
View related topics: Fast: Heavy-duty transmission production and sales in the world
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