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In the first 10 months of 2010, both sales and sales revenue of Fast exceeded 10 billion yuan, and it is expected to reach 12 billion yuan in the whole year. At this point, the production and sales volume of Fast Transmission has been ranked first in the world for five consecutive years, and its operating indicators have been ranked first in China's gear industry for eight consecutive years.
Fast is China's largest specialized manufacturer and exporter of heavy-duty vehicle transmissions. It has five major production bases in Xi'an, Baoji and Xianyang. With total assets of more than 10 billion yuan and more than 9,000 employees, Fast has become one of the top 100 machinery manufacturers in China and manufacturing in China. 500 in the industry. Compared with 1999, today's Fast and its sales revenue increased by 73 times, industrial output value increased by 72 times, and heavy-duty transmission production and sales increased by 120 times. Today's production and sales volume is equivalent to the production and sales of the first half of the decade.
The key to the great success of Fast has been to consistently adhere to the road of independent innovation in science and technology, independent research and development of products, and independent development of enterprises, and has achieved remarkable results in the construction of independent brands and independent intellectual property rights, especially in the heavy-duty transmission field. Achieved a scientific, diversified, serialized, all-round development.
It is understood that Fast has formed an annual production capacity of 1 million sets of automobile transmissions, 50 million gears, and 100,000 tons of automotive forgings; the market has nearly 3 million units, and the domestic market has an 80% share, and it has exported a lot. international market. Fast double-shaft transmission with independent intellectual property rights and high technology content developed by Fast has reached more than 30 series and hundreds of varieties; it has more than 40 patents; the key technologies and core technologies of some independent innovation products have reached international advanced level. Level.
At the same time, the completion of the National Enterprise Technology Center of Fast has marked that the company has built a domestic first-class R&D system and independent innovation system. With core technologies, leading technologies and unique technologies continuously nurtured from here, Fast will truly develop into a world-class enterprise with international competitiveness, just like the goal of achieving a production and sales revenue of 10 billion yuan.