Editor's Note: In the face of the impact of the international financial crisis, Yuchai relied on strong innovation capabilities and high-tech product reserves in an effort to overcome difficulties and maintain an upward trend. In 2008, Yuchai Group's sales revenue exceeded the 20 billion yuan mark, and for the first time in eight consecutive years, it maintained its domestic production and sales volume in the same industry. As of June 30 this year, Yuchai Group had cumulatively produced and sold 356,000 engines in the first half of the year, an increase of 2.36% year-on-year, and sales continued to maintain its leading position in the industry. Yuchai is located in a western city. It is a single engine factory that is not supported by a complete vehicle factory. The city where it is located lacks industrial support. The key reason why Yuchai is ranked in the forefront of the industry lies in its adherence to independent innovation and its core competitiveness. overall enhancement. Hand over bright answers in crisis We must maintain a continuous capacity for independent innovation and must stock up enough key technologies and products. A lot of work has been done for several years or even more than ten years ago. Only then did Yuchai come in against the situation. A company must be able to cope with any market storm, must maintain its own independent innovation capability, must store enough key technologies and products, many jobs have been done for several years or even more than ten years ago, only then did Yuchai go against the trend today. The situation. When asked how Yuchai responded to market challenges, Shen Jie, the chief engineer of Guangxi Yuchai Machinery Co., Ltd. who had hosted the development of the national 2 to 5 emission standard diesel engine, told reporters. Shen Jie was quite confident when he said this, and Yuchai’s performance was enough to make him proud. As of June 30 this year, Yuchai Group had cumulatively produced and sold 356,000 engines in the first half of the year, an increase of 2.36% year-on-year, and sales continued to maintain its leading position in the industry; sales income tax-inclusive was 7.79 billion yuan, an increase of 4.8% year-on-year. When the international financial crisis struck, Yu Ping, chairman of Yuchai Group’s board of directors, insisted that if the crisis is organic, as long as he is confident, effective, and appropriate, he can turn crisis into opportunity. This measure and method is that all employees "promote Yuchai's innovative development with a strong sense of crisis and responsibility." At the end of 2008, Yuchai Group successfully completed its annual sales of 20.988 billion yuan, achieving the set target of “rebuilding a Yuchao within three years†on schedule: engine production and sales of 550,000 units, and maintaining domestic production and sales volume in the same industry for 8 consecutive years . This is another Yuchai phenomenon that Yuchai has performed since 2005. Since February 2009, Yuchai Group has ushered in a historic development opportunity. The engine production orders have soared dramatically. Yuchai’s production orders reached 50,000 units in February and over 70,000 units in March. In the industry caused great repercussions. In the face of the international financial crisis, Yuchai has taken a tight grip on the country’s 4 trillion yuan investment to drive infrastructure construction projects, car-to-country policies, cancellation of road maintenance fees, migrant workers returning home for business, and agricultural machinery government subsidies. Opportunities have made remarkable achievements in the market segments such as trucks, buses and general aircrafts. At the same time, Yuchai’s industrial layout has also made new breakthroughs, and the company’s development momentum is even stronger. In March this year, Jining Yuchai Engine Co., Ltd., jointly invested by Yuchai Corporation, Zhejiang Geely Group and Zhejiang Yinlun Company, laid the foundation for the foundation. After the project is completed, it will form an annual production capacity of 300,000 environmentally friendly diesel engines for Type 5 passenger vehicles. Taiwan’s capacity; Xiamen Yuchai Company, which annually produces 100,000 engines, is also stepping up construction. It has already passed the verification and verification of production licenses on the spot; Yuchai’s northern agricultural production base———Hubei Yuchai Duoling Engine Co., Ltd. since After the production started in September last year, production and sales are booming; the Yuchai special-purpose automobile production base with an investment of 150 million yuan was put into production and nearly 100 million yuan worth of Beijing Olympics projects have been completed; the construction vehicles have been exported to Vietnam in bulk; the first phase has an annual output of 200,000 units. The production base of Yuchai Bonite Electric Co., Ltd., an automotive electrical product, is under construction... From the operation of digital indicators to a series of expansion actions, Yuchai’s development has shown a strong upward trend. What motivates Yuchai to overcome difficulties and continue to expand its market areas? The answer is the powerful independent innovation capability behind Yuchai. Independent Innovation leads the way The development pattern of this wide series and multi-products and strong product research and development capabilities have enabled Yuchai to basically realize what the market demands and what it can produce. “When I went to work at Yuchai in 1982, Yuchai had a model called 6105Q; how many types of models and how many series of products Yuchai has now, and how much more I can't remember!†said Shen Jie, chief engineer of Yuchai Corporation. This is not without emotion. According to statistics, Yuchai diesel engines now have 13 series and more than 1,300 varieties. This wide range, multi-product development pattern, and strong product research and development capabilities have enabled Yuchai to basically achieve what the market demands and what it can produce. “The East is not bright in the West,†and when the market environment changes, Yuchai always takes products that adapt to changes and quickly put them on the market, thus maintaining the development of the company. Shen Jie believes that all this is based on strong independent innovation capabilities. In 1989, Yuchai developed the 6105QC model. This product once occupied 50% of China's similar products and created Yuchai's first glory. Yuchai did not expect that this product had just been “buoyed†for less than two years. The market has undergone drastic changes, but the new model has not been introduced, and the Yuchai market is rapidly shrinking. "We thought that such a good product and then sell it for a few years should not be a problem. I didn't expect it to change in such a short period of time. Fortunately, we finally bite our teeth and launched the second-generation model in one year. It is quite past." Says, "After that experience, we learned a lesson and we vigorously developed our products and technologies. First, we have to reserve technology, and second is to cultivate talent." With independent innovation as the cornerstone of the development track and the support of the leap, Yuchai has formed independent innovation systems and independent innovation work methods with continuous efforts and exploration. With technological innovation as the core, China has built its own brand of power and has created many “firsts†in China: the first internal combustion engine industry won the National Quality Award, and the first to achieve full-scale emission of the Daguo 3 standard diesel engine mass production and put on the market. , The first company to successfully develop and discharge the Dhain 4 standard diesel engine and achieve mass production and put on the market, the first R & D and successful production of 5 diesel engines, the first independent research and development of diesel engines for cars and have production and supporting capabilities, the first launch of ISG city bus Hybrid. In recent years, Yuchai’s patent applications have rapidly increased. Among them, 85 were granted national patents in 2006, ranking the first in patent units. In 2007, it also declared 136 items and obtained 89 items, and continued to hold the number one patent. In December 2006, YC6J and YC6G series diesel engines won the "China Automotive Innovation Award for Independent Innovation Achievements." In 2007, he won the only “Innovation Achievement Award†in Guangxi and completed more than 60 technical research projects. Strong independent innovation capability constantly opens up new growth points for Yuchai. On March 25, 2007, Yuchai successfully won orders for 450 engines in the bidding for 4 engines in Beijing's bus procurement countries. On September 24th, during the second batch of engine procurement, Yuchai successfully won the bid for 600 sets, which accounted for about one-third of the total tender for the 4 engines of the country. It was the only successful bidder for domestic brands. In December of the same year, in the third batch of engine purchases, Yuchai defeated all foreign brands and in one fell swoop took 866 units of all orders. In 2008, about 2,000 special Olympic vehicles equipped with Yuchai 4 engines were launched onto the streets of Beijing to serve the “Green Olympicsâ€. In addition, Yuchai has timely adjusted its business strategy, aiming at the rapid start-up of the medium and light-duty construction vehicle market and the opportunity for substantial growth of the agricultural machinery market, and timely launching special operations that break through the “product crisis†and targeted development of products with strong market demand. In just over five months, more than 20 outstanding achievements have been achieved, driving the overall growth of Yuchai's full range of four-cylinder engines and traditional medium-sized engines. Innovative personnel training is the key A good company can not only produce high-quality products, but also cultivate high-quality innovative talents. In recent years, Yuchai has implemented the technology innovation strategy of “enhancing product technology and improving product structure†around the two major themes of energy conservation and environmental protection. The average annual R&D investment is about 220 million yuan. The reason why so many achievements in independent innovation, Shen Jie believes that, in addition to putting in place, the key lies in Yuchai has a strong talent team. The Yuchai Engineering Research Institute, the main position of the Yuchai R&D team, currently has 360 researchers, including 18 doctors, 56 masters, and 28 senior engineers. It has formed a R&D team with multinational corporate background and practical experience. . In Yuchai, in addition to the top experts and doctoral teams, the undergraduate phalanx has become a backbone. “Our undergraduates are very easy to use. Many people have become professional backbones.†Shen Jie told reporters that Yuchai has sent several batches of undergraduate students to graduates from all over the country to study for graduate students, but Yuchai sent undergraduates to read. There are two characteristics of the research: First, everyone has a topic, the company also sent a 50,000 yuan project fee to everyone; second, everyone is responsible for a system of the engine. "In this way, when these people are called back together, they can integrate technology and create a new model." Shen Jie said. In order to track international advanced technology, Yuchai will also cooperate with world-class engine R&D institutions. “Our cooperation with foreign countries does not require the other party to give the product to me, but to send people to participate in R&D and design.†Shen Jie said, “The purpose of this is to cultivate our own engine design talents.†Taking the cultivation of a group of scientific and technological talents as one of the important tasks of the company, Yuchai insisted on extracting training funds at 1.5% of the total salary, and always maintained the highest investment in training for personnel training. Yuchai has established a clear goal for talent development -- teamwork, three-dimensionalization, professionalism, and internationalization. In addition, Yuchai has also established a three-level training network with company-level, department-level, and team-level training that is characterized by basic training, skills training, quality training, and academic training. Yuchai also creates multi-channel and multi-platform career development channels for talented people and conducts career design and planning for all employees, such as professional-grade certification of technical talents and climbing wages for management personnel. Strategic goals and the professional value of employees win-win. In terms of talent incentives, Yuchai has adopted agreements such as incentives for house purchases, rewards for project points, rewards for new products, and rewards for major scientific and technological progress. For example, in 2005 and 2006, the major science and technology progress awards, Yuchai gave out 4 million yuan and 228 yuan respectively. The Ten Thousand-Year Awards highlighted scientific and technological personnel. A total of 10 projects and 152 people were rewarded. “A good company can not only produce high-quality products, but also cultivate high-quality and innovative talents. Yuchai has been able to stand firm in the various challenges for many years and strove forward because it has A great deal of wealth, that is a group of high-quality innovative talents." Yu Ping, chairman of Yuchai Group, said.
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