"In 2012, although Yuchai 's engine segment sales declined compared to the previous year, Yuchai’s share in the six major OEMs increased by 3.2%, as the industry's average decline rate was nearly 35%. A company has a fundamental role.†Yu Ping, chairman of Yuchai Group’s Board of Directors, said, “The industry’s assessment of Yuchai is that the more difficult the market is, the more Yuchai is calm.â€
Yuchai's calmness comes from the pursuit of a stable system.
With the development of the economy and the construction of highways and road conditions, especially the stimulation of domestic demand policies, the demand for China's auto industry, especially commercial vehicle and truck market segments, has seen a blowout in 2010. Yuchai achieved rapid growth with this spring breeze, and the output value crossed the 40 billion yuan mark. However, the good days of the “new year†do not always exist. Since the second half of 2011, with the weakening of the domestic demand-pull policy, the adjustment of the industrialization structure, and the impact of the financial turmoil originating from the other side of the Pacific Ocean, the machinery industry has begun to exhibit obvious stagnant momentum and a declining trend.
In the face of a new round of reshuffling, Yuchai has actively changed its business philosophy, from simply pursuing the growth of the company's scale to the pursuit of corporate safety and health, strengthening the company's safety factor, and continuously enhancing the company's core competitiveness.
While struggling with their internal strengths, Yuchai has continuously introduced sophisticated management talents, implemented state-owned enterprise reforms, and activated and improved internal management mechanisms to inject momentum into the company's development.
Since the introduction of lean manufacturing in October 2011, Yuchai has strengthened the rigor of the R&D process to implement real-time monitoring of manufacturing processes, improve product quality, and enhance market competitiveness.
While improving product quality, Yuchai also paid attention to the development of market segments: In 2012, the sales volume of school buses reached 10,000 units, which became the growth point of the passenger car segment; the annual sales of gas engines reached 20,000 units, an increase of 51.6% year-on-year; The overall sales of electric engines in 2012 increased by 18% year-on-year, with a market share of 23% and an increase of 8% year-on-year.
On January 18th, 2013, Chief Engineer of Yuchai Group Shen Jiexing stepped out from the Great Hall of the People in Beijing, holding medals in his hand. Yuchai’s key technologies and industrialization projects for energy-saving and environment-friendly diesel engines won the second prize of the National Science and Technology Progress Award. It is Yuchai’s commitment to the development of diesel engine core technology.
On December 27th, 2012, Yuchai launched seven national natural gas engines and five national diesel engines at one time. This culminated in Yuchai’s acquisition of the market under the backdrop of the state’s official implementation of gas engine country emission regulations and diesel engine country emission regulations. A solid foundation.
"To do business is not impetuous, 500 years is more important than the 500, long-term is more important than the scale." Junping said.
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