Segments keep ahead of Yuchai truck power to achieve double-digit growth
This year, "reformation and innovation" was integrated into Yuchai's blood consciousness. "Strengthening the fundamentals" was rendered in the magnificent picture written by Yuchai, and "improving quality and improving efficiency" was promoted in the escalating rhythm of innovation and development. Yuchai has created more value, Yuchai has stronger market discourse rights, Yuchai's development direction has become more clear, Yuchai's operating efficiency has improved significantly, the Group's health and safety have successfully landed, and innovation has become the company's new navigation mark. Yuchai's machinery has maintained its leading position in the market segment, and its high-end power brand image has become increasingly clear. The passenger car power market share ranks first in the industry, the shipbuilding machine market share has leapt to the top of the industry, and machine power has been the first in the wheat and corn harvester industry. Truck power sales have achieved double-digit growth year-on-year. Yuchai's sales in overseas markets increased year-on-year, with self-marketing up 160% year-on-year, and the pace of internationalization was even stronger. The independent research and development capabilities have continued to increase, and breakthroughs have been made in technology R&D upgrades. Released the second paragraph of the Euro 6 engine, launched the YC16VC and other new high-power ship electric power products, Yuchai's five full series of products to achieve full delivery; "Diesel low noise design key technologies and applications" won the second prize of the National Science and Technology Progress Award , The national intelligent manufacturing equipment development special project "600,000 units/year of heavy-duty engine cylinder head digital foundry project" passed the national acceptance. The project of "Comprehensive casting moldless composite forming key technology and equipment" won the 2016 China Machinery Industry Science and Technology Award. Special Award; The first trial of China's first inland LNG fuel electric propulsion ship was successfully developed, and an advanced auto parts R&D center was jointly established with Qingdao Zhongke Yinghua Technology Research Institute. The diesel engine parts and components project developed in cooperation will fill China's new materials. Engine accessory technology blank. Major projects are steadily advanced and the cornerstone of industrial development is more solid. Acquired the qualification for the production of new energy commercial vehicle vehicles; Guangxi Yuchai Nongguang Power Co., Ltd. was established; the first “agricultural and photovoltaic complementation†photovoltaic power generation poverty alleviation project landed; and a joint venture with MTU Germany officially opened the high-end market for non-road engines. Gates; the establishment and formal operation of the Financial Leasing Co., Ltd. expanded Yuchai's investment and financing channels; Huayuan shares landed on the New Third Board and became the first company in the domestic Yuchai system to be successfully listed; the Industrial New City project was promoted in an orderly manner. Subsidiary restructuring is effective, and development has formed a new pattern. Power Company’s own product sales increased by 50% year-on-year, escaping the market dilemma of the two-cylinder machine; Yuchai Petroleum Oil Lubricant Company, in addition to the high-end diesel engine oil leading the trend, the product expanded to diversified areas of motor oil; Yuchai Heavy Industry product transition to a new era , Newly-developed 9th-generation series of excavators and electric hydraulic excavators formally entered the market; the logistics group's auto trade business grew strongly, and the whole line was floating brightly; Yuchai Gasoline and China Motors Yuchai made a new trip, and they are expected to get out of business difficulties; Subsidiaries such as Chengxin and Chengxin focused on the parts and components market to do specialization and formed a good development trend. Transformation and innovation advance in depth, and endogenous power is increasingly strong. Yuchai Group Company focused on the strategic transformation, effectively promoted the management and reengineering and system transformation, and ensured the healthy and safe development of the Group. Yuchai Co., Ltd. vigorously promoted lean changes and institutional reforms, thereby realizing the improvement of manufacturing competitiveness. On the basis of the successful reforms of the Foundry Division, Ship Electric Power Division, and Engineering Research Institute, the establishment of the Manufacturing Division on December 21 marked the end of the Yuchai Factory era and the new era of “promoting a better life with professional powerâ€. The birth of Yuchai's future will certainly have a profound impact on the internationalization process. The party committee system took the initiative to make new moves, do practical things, and seek practical results, so that the vitality of party organizations and party members and cadres was rejuvenated, the vanguard role of party members was highlighted, and the ability of service companies to operate and develop was increasing, accelerating the company's reform, development and transformation and upgrading. Provides a strong guarantee. In the region's innovation-driven conference, Yuchai, as a typical example, handed out a perfect answer and was highly praised by the regional Party committee and government. History is moving ahead in the chronological sequence, dressed in the morning light, and enters the 2017 meeting of the Fengyun Conference. Yuchai is full of expectations and is looking forward to the future. In 2017, the outlook for world economic growth will be better, but it will continue to operate at a low level. Global trade protectionism will rise and the “black swan†may continue. China's economy has gradually stabilised and stabilized, but economic restructuring is far from being in place. Supply-side reforms will inevitably deepen. The five major tasks of “capacity removal, destocking, de-leveraging, cost reduction, and short-changing†remain the Chinese economy. The "big play" of the work. With the vigorous promotion of the Party Central Committee, the real economy will usher in new opportunities for development. In this context, Yuchai must clearly understand that: Xing Jianfang can make a long-term progress. The second undertaking and transformation and transformation are an arduous and lasting battle for Yuchai. Yuchai achieved today's progress and development. This is not the result of one's efforts, it is the result of continuous struggle. During the “Thirteenth Five-Year Plan†period, the Group will focus on the development of engine, new energy and other industrial sectors, and build three major service platforms such as logistics, finance, and Yuchai Industrial New City. Drum sounds, inspiring. Yuchai needs to maintain its strategic strength and continue to adhere to the business principle of “transformation and innovation, strengthen infrastructure, and improve quality and efficiencyâ€, strengthen the top-level design, and use the dedication of “attacking the city to pull the wall†and “climbing over the ridgeâ€. With accurate efforts, we have overcome one by one stubborn defect in areas such as system, mechanism, quality, and cost, breaking through barriers to advance, realizing the Group's transformation and transformation, and becoming a world-class multinational corporation with great innovation and competitiveness. We must continue to further promote the management and reengineering and system reforms, and strive to increase the efficiency and development quality of state-owned capital allocation. We must actively enter the areas with potential for competition, and gradually withdraw in non-dominant areas. We must do a professional integration of some similar homogeneous industries. In order to make progress and retreat, we must make every effort to do something, increase structural adjustments, clean up all companies with uncertain development prospects, and dare to withdraw and take the initiative to withdraw. We must finely benchmark, strive for excellence, catch up with the world's best, and fully support the challenges of Yuchai’s national life and death. As an opportunity, we must continue to play a leading role in the industry, promote product development to the high end, and create an engine manufacturing industry. The new era is among the top echelons of international internal combustion engine manufacturing; it is necessary to accelerate the pace of change and innovation, and achieve transformation and upgrading through the transformation of systems of production, marketing, R&D, quality, procurement, and processes to achieve the same quality, efficiency, and brand win. aims. Hardship and hardship, Yu Yucheng. Whether the reform and innovation can survive the rapids and whether the transformation and upgrading can reach the other side of the battle, the team is the key. Through innovative training mode, strengthen the tempering, and continuously strengthen the ability of the cadre team to self-purify, self-improvement, self-renovation, and self-improvement, and eliminate the “ceiling effectâ€; through the construction of work style, reborn and transforming, build a strict discipline and daring to play the role. Steel-like discipline and will of the cadres. At the same time, we also profoundly understand that ingenuity is always possible and the water is deep. In this team of builders, we must vigorously promote the spirit of artisans and use craftsmanship to sculpt the quality of the company. This is not only a portrayal of the company's character, but also a golden one. Background and business card. It stimulates the endogenous strength of employees and promotes the common development of employees and enterprises. The party committee system must focus on improving people’s livelihood. It must always pay attention to the concerns of staff and workers with regard to the well-being and care of employees. When workers face difficulties and need help, they should coordinate with the administrative system, reach out in time, and do their best to help more employees. The ability to realize your dreams. If the heart is moved, it will surely be galloping. This deep human truth will stir up majestic strength and bloom out of life.
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Chairman of Board of Directors of Yuchai Group Co., Ltd. 
Yuchai Engine
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