In recent years, Yuchai Group, and large financial institutions to actively establish a close working relationship, and promote the development of enterprises and the financial sector, we have made tremendous economic benefits, and promote the rapid development of local economy. After promoting the cooperation with a number of banks, Yuchai Group and the Guangxi Rural Credit Cooperative Society recently signed a framework agreement on financial strategic cooperation, and the bank-enterprise cooperation has opened a new chapter. At present, Yuchai Group has already started its “second venture†with transformation and upgrading as its core, and the industrial sectors are booming. In the process of development, it is necessary to cooperate with a financial institution that has a complete and efficient service network and strong financial strength to achieve rapid and healthy development of the company. Yuchai's bank-enterprise cooperation with financial institutions will fully integrate superior resources, ultimately achieving all-round strategic cooperation and continuous cooperation, and maximizing the benefits of bank-enterprise cooperation. In the face of changes in the internal and external environment, in 2014, Yuchai took advantage of the situation and released the “Second Venture†strategic plan, with transformation and upgrading as the core, to further clarify the future direction and focus of the Group’s development: to accelerate the construction of a new Yuchai industry. Expand domestic and international joint ventures, cooperation and introduction and application of new and high technology, focus on expanding the “engine†and “petrochemical†two industrial chains, build “financial†and “logistics†two major service platforms, integrate resources, optimize structure, and promote transformation Upgrade, improve core competitiveness, and realize sustainable development and healthy development of the company. After one year of implementation, the "second venture" has achieved initial results. In 2014, Yuchai Electric Co., Ltd. sold 484,000 engines, and its production and sales volume continued to rank first in the industry. Sales continued to grow, and its market share continued to grow by 1.3%. Yuchaima Petroleum Lubricant Company reversed the trend and achieved double-digit growth in operating income and operating efficiency. In the future, opportunities and challenges coexist. In 2015, Yuchai will focus on the adjustment of industrial structure, continue to promote “second ventureâ€, strive to complete system upgrade in 3 years or so, and optimize various systems such as production, organization, research and development, marketing, and service to improve quality and efficiency. , improve the ability of international operations, and foster the creation of internationally renowned brands. Yuchai has already taken actions: to start construction of Yuchai’s overseas R&D centers, build an international technology R&D platform, accelerate internationalization, and make substantial breakthroughs in strategic cooperation with a number of internationally renowned companies. A number of major cooperation projects will soon take root. Cnc Machine Parts,Cnc Milling Parts,Cnc Milling Accessories,Aluminum Milling Accessories Ningbo Chenyuan Machinery Co., Ltd , https://www.cncysport.com
Yuchai Group Strengthens Bank-Enterprise Cooperation to Promote Win-Win Development