Yuchai Group ranks third in the top 100 auto parts in China in 2005


On June 23, 2006, the China Association of Automobile Manufacturers and the Department of Industrial Transport Statistics of the National Bureau of Statistics released a list of "China's Top 100 Auto Parts in 2005" in Beijing.

In 2005, Yuchai adjusted the functions and responsibilities of the company's organizational structure, standardized the governance structure of parent and subsidiary companies, strengthened the functions of management of cadres and the management of property rights; implemented asset capital operations and great integration of resources, completely changed the isolation of Yuchai. , Formed resource sharing and efficient operation mechanism; Successfully entered the special automobile production industry and the key auto parts transmission production industry, laid the foundation for Yuchai to provide power to the society; Integrated establishment of Yuchai Group financial platform, information platform, etc. , Further rationalize the management system and property rights relations, and effectively ensure the safe operation and value-added of state-owned assets.

In 2005, Yuchai was a very bad year for the external environment - the country's macro-policy control, the tightening of auto consumption credit, the rising prices of upstream raw materials, and the continuous increase in price pressures of downstream vehicle companies. Against the background of unprecedented challenges, sales in the entire engine industry have shown negative growth. Under the leadership of Governor Dong Ping, all of us, Yuchai people, have not been overwhelmed by difficulties and faced harsh environments and employees in various fronts. , Uniting and cooperation in the past year, united as one, bucked the trend, spared no effort to fight, once again achieved a new leap in history: to achieve operating income of 12.1 billion yuan, an increase of 12%; sales of various types of diesel engine 267,500 units, an increase of 22.73%! Being unique in the industry, it has created the “Yuchai phenomenon” that is praised by the industry.

In 2005, Yuchai achieved the China Brand Annual Award, the National Quality Management Award, the China Famous Brand Products, the China Famous Trademark, the National Civilized Unit, the 100th Building of the Well-to-do Society, the National Customer Satisfaction Service, the National Enterprise Ethics Advanced Unit, and the National A series of national-level honors such as the standardization of good behaviors, AAAA-level enterprises, and advanced units for corporate training in the country. The Yuchai brand became the first speed brand and the first power brand in 2005; the National Quality Management Award was the highest award for Chinese enterprise management, and Yuchai became the first company in Guangxi and the first company in the internal combustion engine industry to win this honor. The achievement of these achievements and honours has established Yuchai Group's unshakable leading position in the engine industry and its status as a management benchmark company, laying a solid foundation for the sustainable development of the company.

This year's announcement of "2005 China's top 100 auto parts enterprises", in 2005 a total of 217.577 billion yuan in sales revenue, an increase of 21 billion yuan, an increase of l0.7%, accounting for domestic auto parts companies above the scale of sales The proportion of income is 63%. The difference from the previous year is that the "2005 China's top 100 automotive parts and components" will include wholly foreign-owned enterprises in the rankings, in order to meet the requirements for the development of China's auto parts industry.


View related topics: Yuchai won the "China Brand Annual Award NO.1" (internal combustion engine) title in 2007


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