The first three quarters of Faster than last year
In the first three quarters of this year, Shaanxi Fast has achieved remarkable growth in its operational performance, with both production and sales surpassing the full-year levels from last year. This impressive progress reflects the company's strong market position and effective business strategies.
From January to September, Shaanxi Fast reported cumulative sales revenue (excluding tax) of 202,729,600 yuan, marking a 33.36% increase compared to the same period last year. The total industrial output value (at current prices) reached 21,414,136,600 yuan, an impressive 35.33% rise year-over-year. In terms of heavy-duty transmissions, the company produced 166,830 units and sold 162,549 units, representing increases of 51.47% and 49.55%, respectively. These figures highlight the company’s strong demand in the market, with its market share exceeding 75%.
Alongside this rapid growth, Shaanxi Fast has continued to focus on innovation and quality improvement. The company has deepened its "Independent Innovation Year" initiatives, emphasizing four key areas: fuel efficiency, high reliability, convenient service, and excellent after-sales support. By focusing on these aspects, the company is strengthening its competitive edge and capturing market leadership.
Spearheading these efforts, Shaanxi Fast is committed to enhancing product performance, improving fuel economy, and reducing costs through the adoption of new technologies, advanced processes, and innovative materials. The company is also accelerating the development of key technologies with independent intellectual property, driving the upgrading of its original products and exploring new growth opportunities.
Recently, 14 new products have entered trial production and mass production phases. These innovations not only meet current market demands but also lay a solid foundation for the company’s long-term development and future success.
Related topics: Shaanxi Fast: Heavy-Duty Transmission Production and Sales Worldwide
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