30% increase in annual results, Fast 2017 may create new market record

In the first quarter, the heavy-duty card market was so prosperous. As the main supporting supplier of heavy-duty trucks, Fast's performance was naturally “highly high”.

So, what is the reason for Fast's success? What are the benefits of the 2017 heavy truck market and what kind of growth will it achieve? In the face of market opportunities, how will Fast achieve it?

Doubled in the first quarter, 70%-80% in the first half

With the aid of policies, the heavy truck market continued to rise from the fourth quarter of last year, even in February. As the main supporting enterprise for domestic heavy-duty truck transmissions, Fast's performance is also “highly high” and doubled in the first quarter.

“The market is very good in the first quarter. Fast has been growing every month. Orders in April were at a record high. It can be predicted that the overall market will not be too bad in the second quarter.” According to the chairman and party committee secretary of Shaanxi Fast Automotive Transmission Group Co., Ltd. Yan Jianbo predicts that in the first half of the year, the growth of Fast will reach 70%-80%, and the annual growth is expected to be 30%. "In 2017, it is possible to create a new record for Fast's best performance."

Fast 9-speed automatic transmission FC8A120

Can achieve high growth, in addition to the role of the market environment, but also inseparable from the precise prediction of the market for accurate platinum. “The market began to climb in September last year, mainly due to the power of the tractors, which was concentrated in several models. These models are mainly equipped with 12-speed transmissions, and our production capacity for 12-speed transmissions is without any problems. By February this year, As the demand for transportation vehicles is slowly going down, the construction vehicle market is starting to start, so the relevant departments of manufacturing, procurement, etc. will have to do a good job of switching in advance. In late February, we prepared our spare parts and various castings. Guarantee the follow-up market product supply."

Fast Chairman Yan Jianbo

For the heavy-duty truck market in 2017, Yan Jianbo expects that the heavy-duty truck market will increase by 10% this year and the annual sales volume will reach 800,000. Speaking of the market in the next few years, Yan Jianbo also made special mention of Xiong'an New District. On April 1 this year, the Central Government announced the establishment of Xiong'an New District, which is another new district following Shenzhen Special Economic Zone and Shanghai Pudong New Area. From this point of view, the future development of Xiong'an New District will be long-term and sustainable, which will surely bring benefits to the development of the industry.

Promoting the "5221" Strategy Developing Intelligent Products

In the face of new market opportunities, Fast is actively promoting the "5221" strategy of the "13th Five-Year Plan". In Fast's "5221" strategic objective, Fast achieves the end of the "Thirteenth Five-Year Plan" period: traditional mechanical transmissions and domestic aftermarket sales account for 50% of sales, and sales of intelligent and new energy products market account for 20 %, international market sales accounted for 20%, capital markets and new industry revenues accounted for 10%.

The "5221" strategy has been advancing for a year now. As a result, Fast has undergone major changes in its product structure. In the past, Fast's products were more concentrated on mechanical transmissions; now, the market needs high-end, intelligent, networked, and diversified products. For this reason, Fast has introduced more intelligent products and more fields. New products. This can be seen from the new products brought by the Shanghai Auto Show.

Fast booth

At the Shanghai Auto Show recently held, Fast had brought about 10 new products, of which 7 were debuted. All 7 products are intelligent and new energy products, of which 3 are intelligent products, namely S automatic transmission C16JZSDQXL260, next-generation integrated AMT system F16JZ22 and 9-speed hydraulic automatic transmission FC8A120.

“Fast 9-speed AT automatic hydraulic transmission, hydraulic retarder and AMT automatic transmission have completely independent intellectual property rights. It can be said that the development trend of Fast intelligent products is very good. For example, in the field of special vehicles At present, Fast AT transmissions have been widely accepted by users in the terminal tractor market, said Yan Jianbo.

Fast new generation integrated AMT system F16JZ22

"In 2017, Fast's intelligent products must involve key markets such as AT, AMT, wheel reducers, hydraulic retarders, etc. We do not pursue sales in the early stages, but we must enter key markets." According to platinum, in the future, new products such as AT, AMT, retarder, and lightweight transmission will all become important drivers of growth for Fast.