From January to May 2013, Yuchai's engine segment sales increased by 2.44% year-on-year, and sales revenue increased by 15.7% year-on-year. Sales continued to lead the industry.
Among them, the sales of the joint-stock companies increased by 10.77% year-on-year, the market share increased by 0.8% year-on-year, and the sales revenue increased by 14.80% year-on-year. Heavy truck segment 6M achieved a major breakthrough this year, up 105% year-on-year, and 6L heavy-duty trucks increased 25% year-on-year; sales of gas engines continued to rise rapidly, up 217% year-on-year; Yuchai's passenger car engines continued to maintain first place in the industry, and its market share steadily increased. In the general market, Yuchai's agricultural machinery increased by 65% ​​year-on-year, an increase far higher than the industry level, of which corn machines increased by 226% year-on-year.
Driven by an active fiscal policy and a stable monetary policy, the overall market of the industry showed a recovery growth. Yuchai took advantage of favorable market opportunities, segmented the market, and targeted new products. In the context of a nationwide diesel engine upgrade, and a five-emission standard for comprehensive upgrade of gas engines, Yuchai launched five models of diesel engines meeting the national discharge standard and seven gas engines meeting the national discharge standard of five standards in December 2012. To meet the requirements of customers with reliable application.
In order to further improve product quality and achieve connotative growth, Yuchai strives to implement lean manufacturing and lean operations, and controls product quality from the entire process of product development and manufacturing. At present, the lean manufacturing of joint-stock companies has entered the third phase, and the first-phase goal of the lean manufacturing of the group companies has been successfully completed and entered the second phase.
2013 was the year of Yuchai’s “three-year improvement in quality by 100%.†In addition to enhancing employees’ awareness of quality education and strengthening product control in the manufacturing process, Yuchai also organized leading cadres’ quality management system knowledge tests and required leading cadres to take the lead in implementation. Quality system related requirements, improve execution; open customer representative evaluation model, review the appearance of the engine parts to ensure the effective control of engine product quality.
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