From January to September 2010, the cumulative production and sales of diesel engines of FAW Jiexi Xichai increased by 25% and 30% respectively year-on-year; sales revenue increased by 58% year-on-year, laying the foundation for the completion of the annual tasks.
Since 2010, Xichai has always maintained a strong momentum of development. From the perspective of several indicators that reflect the development and operation quality of enterprises, they are all in the leading position in the industry. From January to August, the total asset contribution rate was 28.42%, ranking first in the industry; sales revenue growth. The rate is 35.89%, ranking second in the industry; full labor productivity, the industry ranked second. In 2010, held in Hong Kong, by the State-owned Assets Supervision Committee of the State Council Research Center, Asian International Brand Management Supervision and Management Center jointly organized by the "Fiveth Asian Brand Ceremony", Xichai won the industry's top ten innovative brand award.
Faced with the situation in the fourth quarter, director Qian Hengrong said that in the fourth quarter, Xichai had two major core tasks: First, the decisive battle in 2010; and second, preparing for 2011. The “three highs†must be reflected in “decision on the battle in 2010â€. One is to sprint high goals, the other is to meet high demands, and the third is high standards everywhere. "Preparing for 2011" is to make three preparations. One is to prepare for mentality, the other is to prepare for the goal, and the third is to prepare for action.
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