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On December 3, 2010, the Fast Product 2011 New Product Promotion and Technical Service Conference was held in Jinan, Shandong. The meeting summed up the achievements made by Fast in 2010, and combined with the good development of China's economy, it issued a strategic investment plan of up to 10 billion during the 12th Five-Year Plan period. At the same time, Fast displayed 11 new products, including the company's latest self-developed 16-speed AMT automatic transmission, 8-speed full synchronizer transmission with retarder, and energy-saving and environmentally-friendly series of lightweight transmissions. It fully demonstrates the leading scientific and technological advantages of Fast in the field of heavy-duty transmission, and also presents the future development trend and new market demands of commercial vehicle transmission to the industry. 
The eleven new transmission products displayed by Fast this time include: 16JZS200, 12JSDX200T, 10JSDQX180, 10JS90A, 9JSS260T, 9JSD150, 8JS, 6DS and other series transmissions. These new products not only have the latest research results of the 863 plan project undertaken by the company, but also have the scientific practice of the original technology created by Fast and the breakthrough achievements in expanding new fields. Among them, the 16-speed AMT automatic transmission and 8-speed full synchronizer transmission with hydraulic retarder are the highlights of this exhibition. At present, the 16-speed AMT automatic transmission new product has been tested in the cold, tropical and various operating conditions, and has begun to be mass-marketed, providing the latest optimal configuration for the upgrading of domestic commercial vehicles; 8 with hydraulic retarder The all-in-one synchronizer transmission features fast and smooth braking, high vehicle comfort and good fuel economy, leading the development trend of commercial vehicle transmissions. A series of self-developed all-aluminum alloy shell lightweight transmission products reduce the total weight of each transmission by more than 100 kg, providing the latest optimized configuration for the vehicle's lightweight and energy-saving improvements, and further satisfying and adapting to market development requirements. .
In the just-concluded third China International Truck Fuel Contest, Fast Transmission performed outstandingly in terms of energy-saving emission reduction, fuel-saving and environmental protection, and became a major highlight of the winning models. 75% of the winning heavy trucks are fitted with Fast transmissions. For this reason, the organizing committee specially awarded Fastest Fuels Achievement Award and the most fuel-efficient transmission award. Fast has become the only company in the powertrain industry that has won this honor for three consecutive years.
Relying on independent innovation and scientific and technological progress, Fast has become China's largest specialized manufacturer of heavy-duty vehicle transmissions and an export base. At present, Fast has been listed as an auto parts export base company and the first batch of auto parts remanufacturing pilot companies in China; Fast's trademark has been awarded as China's well-known trademark; Fast Gear's products have won the national product quality exemption certificate. Variety of heavy-duty vehicle transmission won the China Automotive Industry Science and Technology Progress Award, China's Gear Industry Outstanding New Product Special Award, Shaanxi Province Science and Technology Award and China's Auto Innovation Innovation Achievement Original Innovation Award and Integrated Innovation Award; Heavy-duty Automotive Mechanical Automatic Transmission Development Project It is included in the national 863 plan.
Since the beginning of the 21st century, Fast's production and sales revenue has grown at a rapid rate of double-digit growth year after year, achieving rapid development by leaps and bounds. All operating indicators ranked first in China's gear industry for eight consecutive years, and the production and sales volume of heavy-duty transmissions have ranked first in the world for five consecutive years. In the first 11 months of 2010, the Group's total sales revenue was 11.52 billion yuan, a year-on-year increase of 69.8%; the total industrial output value was 11.83 billion yuan, an increase of 71.2% year-on-year; the production and sales of automobile transmissions were 807,210 and 782,386, a year-on-year increase of 64.3% and 62.5. %; to achieve exports of 15.552 million US dollars, an increase of 122.1%. Various business indicators continued to maintain steady and rapid growth. It is expected that the annual production and sales income will exceed 12 billion yuan, and the production and sales of transmissions will exceed 850,000 units, and all business indicators will hit a record high. Compared with 10 years ago, the total industrial output value has increased by 72 times, sales revenue has increased by 73 times, and heavy-duty transmission production and sales have increased by more than 120 times.
As the first enterprise in China's gear industry with an annual output of over 10 billion yuan, the key to Fast's ability to continue to grow stronger and continue to surpass itself is to consistently adhere to technological innovation, product independent research and development, and independent development of enterprises. The road, and achieved remarkable results in the construction of independent brands and independent intellectual property rights, especially in the field of heavy-duty transmission to achieve a scientific, diversified, serialized, all-round development. At present, Fast has formed an annual production and sales capacity of 1 million automobile transmissions, 50 million gears, and 100,000 tons of automotive forgings. With a market holding of nearly 3 million units, the market share of heavy-duty vehicles with a capacity of more than 15 tons in China is as high as 80%, and it is exported in large quantities to the international market.
Fast has not only achieved a new leap forward in its production and operation, but also achieved great results in automation, energy saving, lightweighting, and environmental protection of heavy-duty transmissions. In particular, the 12 series, 16th gear, 8th gear, 8th gear, 10JSD, 6DS, AMT and a series of new transmission products with self-developed 12-speed, 16-speed, small 8th, small 8th, and lightweight designs compete in brand effect, quality performance, energy saving and environmental protection. The advantages are even more pronounced. They have quickly occupied the commanding heights of energy-saving products and are highly favored by users. The market demand has increased rapidly and has become the leading product that drives the rapid growth of production and operation of enterprises.
At the same time, on the basis of consolidating the development of heavy-duty transmissions, Fast achieved new breakthroughs in various fields such as passenger cars, medium and light trucks, engineering vehicles, and low-speed trucks. It has also achieved research and development in the development of automotive transmission systems such as retarders. Breakthrough progress has led to the formation of a new pattern of dual countershaft transmissions as the mainstay, supplemented by single-shaft transmissions, multi-gear, and multi-series automobile transmissions. The automotive transmission products have achieved full coverage in the 4th to 16th gear market, and are widely matched to trucks, tractors, construction vehicles, and buses that have input torques of 300 to 3,000 Nm and load capacities of 2 to 60 tons. Truck cranes, special vehicles and other models. Heavy-duty transmission products have been chosen as fixed-point supporting products by thousands of models from hundreds of domestic and foreign OEMs.
In the leap-forward development, Fast has invested several billion yuan in technical reform R&D funds through structural adjustment and transfer methods, and has carried out large-scale technological transformation to achieve scientific, digital, intensive, high efficiency, and low consumption. Can modern production. The innovative and developed double countershaft transmission with independent intellectual property rights and high technology content has reached more than 30 series and hundreds of varieties; it has more than 40 patents; the key technologies and core technologies of some independent innovation products have reached the international advanced level, not only The intellectual property barriers built by multinational corporations have been broken, and they have formed competitive advantages in scale development, laying a solid foundation for sustainable corporate development.
At present, Fast's National Enterprise Technology Center has been successfully completed, marking that Fast has built a scientific and technological R&D system and independent innovation system, and has formed a new pattern of integrating production, research, and research into the complementary advantages of domestic and foreign markets. This move will enable the company's scientific and technological innovation capabilities and independent research and development to a new level, and will further narrow the gap between the world's leading level, and constantly nurture their own core technology, leading technology and unique technology, and truly develop into an international competition. Strong world-class company. Among them, automatic transmissions will be launched in volume in 2015.
The development of Fast has received great attention and support from party and state leaders and local governments at all levels. In recent years, party leaders such as Hu Jintao, Wu Bangguo, Wen Jiabao, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang, and Zhou Yongkang successively visited the company and inspected them, fully affirming and highly appraising the achievements of Fast's innovation and development.
After 10 years of wind and waves, 10 billion sailed again. In the face of the forthcoming "Twelfth Five-Year Plan" development blueprint, Fast again stood at a new starting point and moved toward a higher goal. In the face of new challenges and new opportunities, Fast will implement the scientific concept of development with a global perspective, speed up the structural adjustment and transformation of economic development methods, increase independent innovation, actively explore new areas, and achieve new development. To expand the international market, comprehensively strengthen the Fast Brand, strive to occupy a place in the world auto industry system, and make new and greater contributions to China's auto industry and local economic and social development with more outstanding achievements.