The Yuchai Group continued to grow healthily and its business performance grew steadily. In the first half of this year, Yuchai Group realized a total tax-included sales revenue of 8.908 billion yuan, a year-on-year increase of 19.01%. The company has experienced a multi-polar and all-encompassing growth and development momentum. The production and sales of engine blocks exceeded 260,000 units, an increase of 32.59% year-on-year, of which the sales and sales of the joint-stock companies exceeded 200,000 units, a record high; the sales revenue of the construction machinery segment increased by 33.44% year-on-year; the sales revenue of the special-purpose vehicle segment increased by 107.28% year-on-year; the auto parts segment Sales revenue increased 21.11% year-on-year; logistics segment operating revenue increased 22% year-on-year; sales of lubricants and chemicals segment increased 11.48% year-on-year.

Engine segment: Leading product technology demonstrates competitive advantage, and production and sales scale ranks first among domestic counterparts

As the largest diesel engine manufacturer in China, based on the responsibility of environmental protection, the need to build a harmonious society, and the pursuit of corporate mission, Yuchai has established the core concept of “Green Development, Harmony and Win-Win”, leading the trend in the technological innovation of domestic automotive power systems. The company took the lead in five initiatives: it took the lead in supporting domestically produced systems, and took the lead in presenting the concept of electronically controlled combination pumps for medium- and light-duty diesel engines. It took the lead in putting on after-sale diagnostic equipment and took the lead in achieving autonomous calibration. It pioneered and promoted SCR technology for heavy-duty diesel engines. Made great contribution to the industry, mainly reflected in: breakthrough low-emission energy-saving technology, put into the market 2-3 years ahead of time to meet the emission requirements of various stages of the product, the birth of the first Chinese-owned Euro 4 engine; YC6G launch This has led to the development of advanced superchargers in China; the establishment of quality benchmarks for domestic engines has driven the progress of the auto parts industry; and it has become the world's largest supplier of urban LPG engines.

Leading product technology shows that Yuchai’s strategic vision is in line with the national energy-saving emission reduction and other related policies.

Since the beginning of this year, Yuchai’s engine sales and service have highlighted the annual theme of “professional branding and service creation value”, seizing opportunities, dare to take advantage of the sword, and actively implementing the heavy machine market battle, the defense market of the middle machine market, and the scale war of the light machine market. 3 The four major battles, such as the battle for market, seize the market with the advantages of products and services. Yuchai Service embodies three major features: “The Eight Great Satisfaction” service platforms keep up with the needs of users; “One-stop” personalized service quickly resolves the worries of the host plants and large users; the satisfaction of the service system’s satisfaction will be cold and The language is blunt and the behavior is unreasonable. The three alleged indicators are set to zero. Yuchai’s three special services have won universal recognition from users, and special services such as the summer theme collection service, Xiagong special service and Dongfeng Hercules service have achieved good results, and the overall satisfaction level has increased. In terms of cooperation, the company has built a marketing platform with domestic auto companies so that each series of products will gain new market opportunities and connect with customers efficiently. Together, they will strengthen the attention to policy changes and new products, and do a good job in market promotion and market visits. Advertising, after-sales service, etc., to achieve the market's control of the advance, and customers 1 +1 greater than 2 in a harmonious and win-win situation.

Leading product technology and marketing model and method innovation make Yuchai's mature five product platforms and 11 series engines fully competitive in this year's market competition: the truck segment increased by 52% year-on-year, and the passenger car segment increased by 50.6% year-on-year. The electricity sector increased by 29.7% year-on-year; Yuchai's domestic Euro 4 engines entered Beijing in batches, becoming the biggest bright spot in China's passenger car market this year; Dongfeng and XGMA's heavy machine promotion projects are highly effective; 6M promotion has a strong momentum; highway trucks and Euro 3 passenger car markets have achieved Major breakthroughs have become a new rapid growth point this year; overseas markets have enjoyed rapid successes, and in particular, the European 3 and 4W diesel engines have made significant progress in the Russian market, the Euro 3 engines have achieved bulk supply to foreign countries, and the Vietnamese market has seen rapid growth in exports of light-card 4108 exports. In the first half of the year, it exceeded the full year of last year; product application and development promoted active development, strengthened closed-loop development and service, and improved the success rate of new product launches. In the first half of the year, a total of 321 new models were developed and market opportunities were seized. At the same time, Yuchai also consciously adjusted the model sales structure, which made a pleasant change in the sales structure of the first half of the model, and the operational benefits of the company were significantly improved.

The Yuchai production system has strengthened internal management, strengthened horizontal communication, paid close attention to order management, and scientifically and rationally scheduled production, resulting in a rapid on-site response capability and rapid and accurate production capabilities, and efficiently ensuring the promised output according to orders. In the peak season of sales, each production plant combines its own production capacity and organizes its production every day according to the 24-hour operation mode. The majority of cadres and staff members put the interests of the enterprise first, knowledge of the general situation, major bureaus, and high efforts. They vividly demonstrated the iron military style of the creative labor groups and accomplished the arduous production tasks.

In the first half of the year, the technical quality system was also highlighted by highlights: 44 newly-developed basic engines; the consistent development and confirmation of the Euro 4 emission standard engine was completed, leading the domestic counterparts; the Euro 3 engine passed the Russian certification; 34 patents were authorized, Yuchai’s patented new product sales accounted for 40% of total sales; Euro 3 and Euro 4 combustion development capabilities have been greatly improved; test and development time has been shortened to one month; technology has reduced costs by more than 100 projects, and cost reductions have achieved significant results. More than 50% of the annual target; from January to May, the three-packet compensation for monthly average sales of millions of yuan decreased by 20% year-on-year, a decrease of 24% from the whole year of 2006, and the decline rate far exceeded the target set at the beginning of the year. The engine quality project also boosted the overall quality of parts and components. The passing rate of incoming inspections continued to increase, reaching 96.16%.

The major business segments such as construction machinery, auto parts, special-purpose vehicles and logistics have embarked on the fast track of rapid development and have become an important force for the development of Yuchai.

The construction machinery sector, centered on strong promotions, focuses on quality improvement and cost improvement. The company’s strength has been greatly enhanced by increasing new product development efforts, optimizing product performance, and implementing brand management and “gold service” initiatives. Yuchai Brand Excavator was awarded the title of "China's Most Influential Brand in Construction Machinery Industry" in 2006; awarded the title of "Advanced Enterprise in Implementing High Performance Model in Guangxi in 2007" by Guangxi Quality Association; the company's technology center was granted by the Science and Technology Department of Guangxi District. "Guangxi Small and Medium-sized Construction Machinery Engineering Technology Research Center"; YC35SR/55SR/75SR tailless hydraulic excavator was listed in the Guangxi technological innovation project; YC60 hydraulic excavator won the "2006 China Construction Machinery Annual Product TOP50" honorary title; "YC25 The "30/40/60 hydraulic excavator" project won the award of autonomous region scientific and technological achievements; the excavator crawler frame bolt positioning long slot (that is, adjustable chassis) has successfully passed the review of the State Intellectual Property Office and was granted a utility model patent. In terms of exports, while consolidating the existing European and American markets, it actively explored new markets such as Central and South America and North Africa, and continued to maintain its position as the No. 1 exporter of hydraulic excavators below 15 tons.

The special vehicle segment adopts strategies such as “marketing network, strong support for order pull, technical management re-standardization, quality management upgrading, cost reduction and full participation, performance management system” and other strategies to build product variety, quality, and price Advantages: With the help of the sales service network of diesel engine plates, the market has expanded rapidly. In the first half of this year, this sector not only broke through the blank point of the Gansu market, but also broke the record of zero market share in several cities in Chongqing, Guangdong, and Shaanxi provinces. In the first half of the year, 39 garbage disposal stations were sold, and 228 sanitation vehicles were sold. , a year-on-year increase of 256%. In June, it also won the procurement tender for 79 garbage transfer stations in Beijing.

On the basis of grasping technological innovation, improving quality and reducing costs, the auto parts sector will continue to exert its brand effect, expand internal and external cooperation, expand new projects, extend the industrial chain, create new advantages, and further increase the external supporting volume and market share. , to achieve sales of nearly 300 million yuan. Jinchuang Company increased the matching amount with Yuchai Corporation and its sales revenue increased significantly, which was an increase of 56.34% over the same period of last year. Bonnet Electric has developed seven kinds of generators and four types of starters to enhance the capabilities of the supporting stock companies and form new economic growth points. The company successfully introduced the Aobo Motor project and set up a branch office in Nanning to undertake special steel structural parts for the company. It also focused on developing and competing for the three major steel structures of the engineering company to achieve expansion of production and sales. Hainan entered the 4108 product supporting market of the power company and developed 2108 product support to form a batch supply. Tongji Company cooperates with Zhejiang Merchants to develop new projects.

Yuchai Logistics is good at using the advantage of Yuchai machinery to supply goods to all parts of the country, from the development of the transportation of basic arter to the more difficult and more profitable LTL cargo transportation. So far, it has opened Guangxi to North China, Guangxi to East China, and Guangxi to Central China. From Guangxi to the northwest, from Guangxi to the southwest, from Guangxi to Guangdong, many cargo transportation lines have become the modern logistics enterprises in which Guangxi has the largest number of inter-provincial transportation routes, the longest distances, and the largest freight volume. It has been integrated into the ASEAN development trend and won 2007. "China's top 100 road transport companies ranked second", "China's road transport market, customer satisfaction with the first brand" and other honors.

Particularly worth mentioning is that Yuchai's management team, sales team, technical quality team, production team, and political work team have achieved solidarity, coordinated operations, bold development, and innovative operations in the process of winning the 2007 sales target of 16.8 billion in 2007. The potential shows a strong sense of historical mission, an urgent awareness of survival and development, and a tenacious sense of market competition, which enables companies to demonstrate strong fighting strength in the fierce market competition. The business performance of Yuchai Group has been steadily increasing. In the first half of the year, revenue from tax-included sales exceeded 8.9 billion yuan, completing 53% of the annual target. This phased achievement has once again confirmed the victory of the “green development, harmony and win-win” concept guidance, which confirms the victory of Yuchai’s business strategy and further strengthens the confidence of the Yuchai team in sprinting targets.

Yuchai plans to “rebuild a Yuchai” in 3 years, that is, to realize sales revenue of 20 billion yuan for the Group in 2008, strive to exceed 35 billion yuan in 2010, and strive to achieve export volume of 30% of annual sales and sales for 5 years. To achieve internationalization of Yuchai brand, internationalization of products, and internationalization of production bases.

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


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