30% increase in annual results, Fast 2017 may create new market record

In the first quarter, the heavy-duty card market was so prosperous. As the main supporting supplier of heavy-duty trucks, Fast's performance was naturally “highly high”.

So, what is the reason for Fast's success? What are the benefits of the 2017 heavy truck market and what kind of growth will it achieve? In the face of market opportunities, how will Fast achieve it?

Doubled in the first quarter, 70%-80% in the first half

With the aid of policies, the heavy truck market continued to rise from the fourth quarter of last year, even in February. As the main supporting enterprise for domestic heavy-duty truck transmissions, Fast's performance is also “highly high” and doubled in the first quarter.

“The market is very good in the first quarter. Fast has been growing every month. In March, the sales volume reached more than 76,000 units. In April, the orders exceeded 80,000 units. It is expected that the chain will decline in May, but the overall market will not be too high in the second quarter. "According to Shaanxi Shaanxi Fast Automobile Transmission Co., Ltd. Chairman and Party Secretary Yan Jianbo predicted that in the first half of the growth of Fast will reach 70% -80%, annual growth is expected to be 30%. "In 2017, it is possible to create a new record for Fast's best performance."

Can achieve high growth, in addition to the role of the market environment, but also inseparable from the precise prediction of the market for accurate platinum. “The market began to climb in September last year, mainly due to the power of the tractors, which was concentrated in several models. These models are mainly equipped with 12-speed transmissions, and our production capacity for 12-speed transmissions is without any problems. By February this year, As the demand for transportation vehicles is slowly going down, the construction vehicle market is starting to start, so the relevant departments of manufacturing, procurement, etc. will have to do a good job of switching in advance. In late February, we prepared our spare parts and various castings. Guarantee the follow-up market product supply."

For the heavy-duty truck market in 2017, Yan Jianbo expects that the heavy-duty truck market will increase by 10% this year and the annual sales volume will reach 800,000. Speaking of the market in the next few years, Yan Jianbo also made special mention of Xiong'an New District. On April 1 this year, the Central Government announced the establishment of Xiong'an New District, which is another new district following Shenzhen Special Economic Zone and Shanghai Pudong New Area. “Deng Xiaoping’s Southern Tour in 1979 saw the emergence of the Shenzhen Special Economic Zone. From the small fishing village of that year to the present day’s development with the name of Kitahiro, the development of Shenzhen is very impressive. The same holds true for Pudong New Area. From this point of view, the future of Xiong’an New District Development will be long-term sustainable."

In this regard, Yan Jianbo believes that the next four years will be the four-year development of the economy as the main line, the establishment of Xiong'an New District is a very important signal. "The establishment of this Xiong'an New District does not rule out the possibility of new investment in the future. As our industry is worth looking forward to."