Fast sold for nearly five billion yuan in the first five months

Since 2011, Fast Group Co., Ltd. has actively responded to the pressure brought by market adjustments to the company's production and operation, brought into full play the complementary advantages of domestic and foreign markets, and won the initiative for enterprises to seize the market. In the first five months of this year, the company’s total sales revenue was 5.93 billion yuan , sales of automobile transmissions were 3,950,98 units, and foreign exchange earned through exports reached US$11,208,000. All operating indicators exceeded the same period of last year and continued to maintain a steady growth momentum. Among them, in May sales revenue of more than 1 billion yuan, production and sales of automotive transmission more than 62,000 units; exports earned 4.0313 million US dollars, an increase of 198.67%.

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 heavy-duty truck market, Fast focused on the market hot spots and actively developed personalized “bright spot” products to achieve wide-ranging development in the multi-markets such as buses, medium trucks, engineering vehicles and low-speed trucks, and in light Quantitative, multi-block, automation, and green, low-carbon, energy-saving and environmentally-friendly product innovations have yielded fruitful results. The company's independently developed small 12-speed transmission series new products and AMT, AT automatic transmission new products, quickly seize the market commanding heights, has become a new bright spot to promote business growth.

At the same time, the company scientifically grasps the time difference between the domestic and foreign markets, and seizes the opportunity brought by the stable recovery of European and other foreign markets, and actively expands exports. At present, a series of lightweight, multi-blocked, and automated new products developed by enterprises have formed a competitive advantage in scale development.

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