Yu Ping of Yuchai , the National People’s Congress’s representative, analyzed the challenges and opportunities facing the current automotive industry. He believes that, on the one hand, the macroeconomic situation has continued to drop under the influence of weak external demand, continued decline in domestic demand, and periodic adjustment of real estate; on the other hand, the economic structure has been affected by the effects of consumption upgrades, unbalanced reversals, and policy adjustments. Great adjustments. Affected by the continuing economic downturn and the National 4 emission standards, the automobile manufacturing industry has experienced a significant decline. In his report, he proposed that Yuchai, based on its own core competitiveness and future reforms and innovations, will steadily increase its competitiveness under the pressure of economic downturn. Technological innovation In the past year, Yuchai has continued to promote product innovation and technological innovation. Its research and development capabilities have been further enhanced and results of scientific research have been fruitful. The project of “Construction of a National Engineering Laboratory for High-efficiency Energy-saving and Environmental-Friendly Internal Combustion Engines†constructed by Yuchai passed the acceptance test, and the engine tests in the laboratory. The number of gantry is the highest among domestic counterparts, and it has the ability to simultaneously carry out tests of the National V , Euro VI and Tier 3 engines . The test capability has reached the leading level in the industry. It is the highest-standard R&D platform for the Chinese internal combustion engine industry; advanced forming technology and equipment The opening of Yuchai’s rapid manufacturing base of the State Key Laboratory opened a new chapter in the cooperation between Yuchai and the General Research Institute of Machinery Science. The successful development of China’s first T3 emission marine diesel engine marked Yuchai’s forefront in the domestic marine diesel engine industry. The YC6L-60 engine successfully passed the EU E/e-mark certification test and successfully opened the door to domestic and European VI engine exports to Europe and the United States, marking Yuchai's entry into the international advanced ranks in product R&D and technology management; Yuchai shares in the country Ranked 20th among 887 nationally recognized enterprise technology centers, compared with 2011 evaluation Name rose 16, continues to rank first in the engine industry. Luan Ping pointed out in the report that in order to improve research and development capabilities and manufacturing technology, it will vigorously introduce high-end professionals in 2015 and continue to bring a group of creative talents under the banner of Yuchai and introduce many experienced foreign experts. To enrich Yuchai's technical talent team and accelerate the transformation and innovation of Yuchai's manufacturing system. Platform innovation In the report, Junping proposed that in 2015, the “New Industrial City Platform†and the “International Development Platform†should be built. The construction of these two large space platforms is the most important stage goal in 2015. Therefore, it is necessary to start the infrastructure construction of new industrial cities; introduce enterprises and projects into the city to enter the park; start the construction of standard professional workshops; and improve the development conditions of the park. “Let the new industrial city be both a city of entrepreneurship and a city of dreams; it is an elite city and a city of happiness.†He also believes that it is necessary to promote the construction of an international cooperation platform. We will use our brand strengths to deploy overseas marketing networks, expand the international market, and expand the overseas market share and influence of engines and construction machinery. Management innovation In 2014, Yuchai made great efforts in institutional innovation. Yu Ping believes that in 2015, Yuchai will further improve its risk management and control system, project management system, technical quality system, lean management system, marketing service system, and cultural construction system to build its core competitiveness and ensure the health and safety of the company. We will intensify efforts to innovate the three major mechanisms, including the management mechanism, the HRM mechanism, and the big auditing mechanism, to improve operational efficiency and operating efficiency. Focusing on the company's two industrial chains and two major service platforms, the company continued to optimize the structure of “financing, industry, product, talent, and equity†and promoted the transformation and upgrading. At the same time, we will improve the "six major systems" and innovate the "three major mechanisms" to improve operational efficiency. Humanistic care Corporate employees are the company's most valuable asset. In order to retain talents, Junping proposed that Yuchai will further strengthen the adjustment of the remuneration distribution mechanism; establish a group green fund and implement EAP; deepen the promotion of core value system; comprehensively improve the skills of employees; Work; building Ankang, Yuchai, and other six aspects to strengthen the humanistic care, improve the service mechanism, warm the heart of all Yuchai builders, maintain the steady development of enterprises, and jointly promote the development of China's national industry.
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Yuchai Chairman of the Board of Directors Fuping