Fast sold more than 420,000 automobile transmissions in October

With the advantage of technological innovation, Fast Group, a well-known auto parts company in China, sold 428,500 automobile transmissions in the first 10 months of this year, accumulating sales revenue of 6.088 billion yuan.

Li Dakai, chairman of the Fast Group, said that in the first 10 months of this year, the business operations of the company were generally very good and had successfully passed the financial crisis. In October, the company sold 52,065 automotive transmissions and realized sales revenue of 720 million yuan, a year-on-year increase of 65.18%. All operating indicators hit the highest level in the same period in history.

2009 was a very critical year for Fast. In response to the impact of the financial crisis on companies, the Fast Group has seized the opportunity presented by the national, provincial and municipal policies of “guarantee growth, structural adjustment, and expansion of domestic demand” to “reorganize and enhance the year” activities and science. The "Keep improving, improving efficiency, and reducing costs" (KTJ) activity is the theme, continuously accelerating the pace of product innovation, scientifically adjusting the product structure, actively exploring new markets, and fully extending the industrial chain, laying a solid foundation for promoting the steady and rapid development of the company.

Li Dakai said that on October 10th this year, the Fastest Group’s 2 million double countershaft transmissions won the market, making the market share of Fast's transmission more than 1.8 million units. This shows that Fast not only has a firm foothold in the domestic and foreign market competition, but also has won the trust and favor of the majority of users.

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