Defining the 2015 production and management objectives

On December 3rd, 2014, the Fasting Group Corporation's 2015 Collaborative Supporting Work Conference was held at the company's entrepreneurial development base - Baoji Factory. Li Dakai, chairman of the board of directors and party secretary of the group, and general manager Yan Jianbo and deputy general manager of the company attended the conference. More than 200 representatives from more than 130 cooperative companies across the country attended the conference.

Yan Jianbo, the general manager of the company, presided over the meeting and delivered a welcome speech to the conference representatives. He expressed sincere gratitude to the supporting enterprises for their efforts to promote the international development of the Fast Group and realize the win-win development of the supply and demand sides in the past year.

Li Dakai, Chairman of the Board of Directors and Secretary of the Party Committee of the company, summed up the completion status of various business indicators of Fastest Corporation in 2014 as well as the achievements made by the company's innovation and development. It profoundly analyzed the development trend of the current domestic and foreign markets and the development trend of the industry under the new normal state. In 2015, the industry faced development opportunities and challenges in the period when economic development entered the new normal, further clarified the company's future development plan, and established the company's new year development target plan. Call for collaboration and cooperation between supporting companies and Fast to unite, cooperate closely, explore and innovate, and win-win development, and strive to build an indestructible strategic alliance, and move forward to newer and more distant goals.

Chairman Li Dakai pointed out: In 2014, with the joint efforts of all employees and all cooperative supporting enterprises, Fast achieved technological innovation, product development, production and operation, quality improvement, operation management, market expansion, and supply chain system construction. With the new development, the comprehensive competitiveness of enterprises and the overall level of development have reached a new historical height. Since 2000, Fast has stepped into a new track of leapfrog development, and the company has achieved rapid scientific development. What is particularly gratifying is that, following the establishment of a strategic partnership with world-famous companies such as Caterpillar, WABCO, and Shell, the joint-venture production bases for research and development of commercial vehicles and passenger cars developed by Fast and the United States Eaton have become - Faster Eaton (Xi'an) Power Transmission System Company was contracted and established to contribute to the extension of the powertrain industry chain, the optimization of the industrial layout of the company and the promotion of the optimization and upgrading of the Chinese automobile industry. Fastest Automotive Transmission (Thailand) Co., Ltd., the first overseas plant solely established by Fast, was officially put into operation, laying a solid foundation for the company to develop the Southeast Asian commercial transmission market and opening up the international, diversified and high-end enterprises. The development of a new situation; S series transmissions to the market in small quantities, praised by the host plant and users; 14 square speed reducer, 16J300T large horsepower transmission and other new products have been successfully installed, to achieve product upgrading, to seize the market commanding height; AMT, AT and other mechanical and electrical integration products such as automatic transmissions and hydraulic retarders have achieved mass production capabilities; the company’s independently developed high-performance twin-axle passenger vehicle transmission development project with completely independent intellectual property rights has won the “China Automotive Industry Science and Technology Award”. Awards. In addition, it has realized industrial production, achieved a production and sales volume of more than 20,000 units, successfully supported more than 100 models of domestic passenger bus plants, and became a new bright spot for the rapid growth of production and operation of enterprises; the production and sales volume of lightweight all-aluminum transmission exceeded the 140,000 mark. It fully meets the new market demand for energy-saving, emission-reduction and low-carbon environmental protection, and its competitive advantage is highlighted. Fast Transmission won the International Truck Contest “Power Saver Transmission Award” for seven consecutive years. The brand reputation has been fully enhanced. It has provided important strategic support for the company's innovation, development, scientific development and long-term development. Fast Transmission lubricants have been successfully introduced to the market. After a good response, it provides a reliable guarantee for the user to extend the service life of the transmission.

When analyzing the domestic and international market situation, Li Dakai, chairman of the board of directors, pointed out: With the country's economic restructuring and the pace of reforms continuing to accelerate, the Chinese economy has fully entered the period of growth speed shift, structural adjustment period, policy digestion period of "three superposition." In the new stage of development, economic development has entered a new normal. The new normal is a relatively stable mode of development for a long time to come. However, after a new round of reform and adjustment period, China will step into a rapid economic development path. To this end, we must accurately grasp, actively adapt, and respond scientifically to increase confidence in the development of the country and the enterprise. After the rapid development since the reform and opening up, China’s economy has achieved unprecedented achievements, the international economic status and overall national strength have been continuously improved, and the people’s living standards have been comprehensively improved. These all provide a solid foundation for a new round of deepening reforms. In particular, the Fourth Plenary Session of the 18th CPC Central Committee referred to the country’s strategic height of development. The rule of law will help China to quickly integrate with the world. The auto industry's market will remain stable next year. The competition among industries will become increasingly intense, but the market environment will become more standardized and orderly. Energy conservation, emission reduction and environmental protection will become the main theme of the industry's development. New energy products will be favored by the market; Cooperation, complementary advantages, and win-win development will become the best methods for the rapid development of enterprises; under the global economic integration situation, relying on technological progress can win more room for survival and development, and we must seek opportunities in crisis and have full enthusiasm. To meet the challenges, overcome difficulties with a positive attitude, rise against the trend, and make new contributions to promote the sound and rapid development of China's auto industry.

Combining with the current market situation, Chairman Li Dakai made clear to the conference the company's 2015 production and management goals.

At the meeting, leaders of Li Dakai, Yan Jianbo and other companies awarded medals to 10 cooperative supporting enterprises that won the title of “2014 Excellent Supplier” and 5 cooperative supporting enterprises that won the “2014 Quality Improvement Award”.

At the meeting, Yan Jianbo’s general manager demanded that all suppliers should earnestly study and profoundly understand the spirit of Chairman Li Dakai’s theme report, and be guided by the spirit of “respect a bit more seriously”, firmly establish the concept of “three questions” and strictly follow the law. The company's quality control requirements, solid foundation, strengthen implementation, improve and improve, seek practical results, with a more scientific and efficient work style, continue to strengthen the gold supply chain construction, and strive to create a new situation of strategic coordination, resource sharing, and win-win development .

At the meeting, the company’s quality management headquarters and heads of procurement headquarters made reports. The report summarizes and analyzes the supporting work and supporting product quality in 2014, and proposes new target requirements for supporting cooperation work in 2015 from different perspectives. The cooperative supporting companies are required to strengthen their confidence, clear goals, strengthen implementation, and improve quickly, and strive to provide quality and reliable complementary products to Fast, and promote the mutual innovation and win-win cooperation between supply and demand.

Representatives of excellent suppliers such as Fushun Special Steel Co., Ltd. and Laizhou Jinyue Auto Spare Fork Co., Ltd. and representatives of award winners of quality improvement awards made speeches at the meeting. They said that they will conscientiously implement the spirit of Chairman Li Dakai’s speech and further strengthen the cooperation with Fast. The strategic cooperation relationship, strictly abide by the quality of supporting agreements, adhering to the concept of the pursuit of excellence, cooperation and win-win, continue to improve product quality, improve product performance, and fully meet the new requirements of Fast International development, and work together to create a better future.

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