SAIC Iveco Hongyan Commercial Vehicle Strengthens Cooperation with Fast

On November 4, 2016, Xia Hongbin, party secretary of SAIC Iveco Hongyan Commercial Vehicle Co., Ltd., visited Fast. Fast Group’s Party Secretary and Chairman Yan Jianbo welcomed leaders of SAIC Iveco Hongyan Commercial Vehicles. The two parties exchanged talks on cooperation and development in the conference room of the Xi'an High-tech Factory Building.
Secretary of the Party Committee of SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. Xia Hongbin Visits Fast Secretary of the Party Committee of SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. Xia Hongbin Visits Fast

During the meeting, Chairman Yan Jianbo listened to Secretary Xia Hongbin’s introduction to the company’s system reform and product development. The leader of SAIC Iveco Hongyan Commercial Vehicle briefly introduced the production and management of Fast from January to October 2016. R & D and other situations. The production and sales of the Fast Group doubled by 20% year-on-year and continued to maintain industry leading advantages.

Fast has expanded its independent R&D and technological innovation advantages through inviting in and going out. While further stabilizing the traditional market, it has actively explored the international market and quickly laid out the field of new energy automotive powertrains, strongly launching AT, AMT, and S. Transmission, passenger car transmission, hydraulic retarder, wheel reducer and other new products in the automotive drivetrain have formed four product platforms: traditional, intelligent, perfect, and diversified, and have received favorable comments from the market. At the same time, Fast has launched a new internationalization strategy for its enterprise through the audit of Daimler's OSA. Facing the 13th Five-Year Plan, the company will focus on the "5221" strategic goal, take the "Two Chemicals" promotion year as the starting point, and constantly accelerate the pace of transformation and upgrading, and actively provide optimized supporting products for major auto plant upgrade models to promote Enterprises achieve greater development.

Secretary of the Party Committee of SAIC Iveco Hongyan Commercial Vehicle Co., Ltd. Xia Hongbin highly praised Fast's development strategy and hoped to establish a long-term stable, friendly and cooperative cooperative relationship with Fast to boost the mutual development of both companies and achieve win-win results.

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