Fast Group achieved a big leap in the first year of the “Twelfth Five-Year Plan†in 2011. The production and operation of the company achieved a perfect ending, and all business indicators achieved a good result. The Group's total sales revenue for the year reached 10.856 billion yuan; sales of automobile transmissions were 70,180, Taiwan; and foreign exchange earned through exports was 40,283,900 US dollars, an increase of 128.17% year-on-year.
In 2011, Fast responded to market adjustments, seized opportunities, took product innovation as the leading factor, and extended its industrial chain, led scientific adjustment of market development strategies, and comprehensively refined market requirements. The company continued to maintain its rapid development momentum and comprehensive competition. Strength further improved. At the same time, the Fast Automobile Transmission Engineering Research Institute was fully operational and opened up a new situation in the company's innovation and development. The Fast Xianyang Precision Machinery Branch was completed and put into operation, further extending the company's industrial chain, and enhancing the overall competitive strength and strategic guarantees. Capability; "Xi'an Shuangte Intelligent Drive Co., Ltd.", a joint venture with Caterpillar Inc., laid the foundation for Xi'an High-tech Zone, and achieved a new breakthrough in the international cooperation and development of the company. The product sequence is more abundant and it was launched in cooperation with WABCO. The F-Shift heavy-duty AMT automatic transmission began to be fully marketed.
In 2011, a series of miniaturization, light weight, energy-saving, specialization, automation, modularization and large-scale transmission new products independently developed and researched and developed by Fast, have a competitive advantage in terms of brand effect, quality performance, energy saving and environmental protection. Rapidly occupied the market commanding heights. With the above-mentioned project construction and the accelerating process of the company's internationalization, Fast has formed a new pattern of diversified and wide-area development, and has won more and more broad development space in the market competition.
In 2012, Fast established a new annual business target plan and decided to continue the “Product Quality Year†campaign in the next three years to “be more exquisite in design, more sophisticated in manufacturing, more sophisticated in assembly, more reliable in quality, and more "Strict, more service in place" for the purpose, and actively implement the brand strategy.
In 2011, Fast responded to market adjustments, seized opportunities, took product innovation as the leading factor, and extended its industrial chain, led scientific adjustment of market development strategies, and comprehensively refined market requirements. The company continued to maintain its rapid development momentum and comprehensive competition. Strength further improved. At the same time, the Fast Automobile Transmission Engineering Research Institute was fully operational and opened up a new situation in the company's innovation and development. The Fast Xianyang Precision Machinery Branch was completed and put into operation, further extending the company's industrial chain, and enhancing the overall competitive strength and strategic guarantees. Capability; "Xi'an Shuangte Intelligent Drive Co., Ltd.", a joint venture with Caterpillar Inc., laid the foundation for Xi'an High-tech Zone, and achieved a new breakthrough in the international cooperation and development of the company. The product sequence is more abundant and it was launched in cooperation with WABCO. The F-Shift heavy-duty AMT automatic transmission began to be fully marketed.
In 2011, a series of miniaturization, light weight, energy-saving, specialization, automation, modularization and large-scale transmission new products independently developed and researched and developed by Fast, have a competitive advantage in terms of brand effect, quality performance, energy saving and environmental protection. Rapidly occupied the market commanding heights. With the above-mentioned project construction and the accelerating process of the company's internationalization, Fast has formed a new pattern of diversified and wide-area development, and has won more and more broad development space in the market competition.
In 2012, Fast established a new annual business target plan and decided to continue the “Product Quality Year†campaign in the next three years to “be more exquisite in design, more sophisticated in manufacturing, more sophisticated in assembly, more reliable in quality, and more "Strict, more service in place" for the purpose, and actively implement the brand strategy.
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