On April 14th, the company held a Shengrui Transmission Commercial AT Supplier Conference with the theme of "New Shengrui, New Planning, Business and Passenger Development for the Future" at Shengrui Academy in the talent community. Chairman Liu Xiangwu and General Manager Li Fayou of the company attended the meeting. Members of the company's leadership team, department heads, and representatives from over 80 suppliers from all over the country attended the meeting, which was chaired by Vice General Manager Liu Pengfei.
Chairman Liu Xiangwu stated in his speech that on November 12, 2020, Xinshengrui was officially established in a legal sense, and the company entered a new stage of development. Xinshengrui is a state-owned joint-stock enterprise jointly controlled by Weichai Group and China National Heavy Duty Truck Group. It has both state-owned attributes and a highly independent market-oriented mechanism. This characteristic gives Shengrui a unique advantage in its future development. Weichai Group and China National Heavy Duty Truck Group have many years of technological advantages in vehicle research and development, a complete vehicle industry chain, and a strong distribution network layout. They are fully capable of achieving rapid installation and promoting the rapid development of Shengrui automatic transmissions in commercial and passenger vehicles. We have full confidence in Shengrui's future!
At the meeting, Su Chengyun, the Deputy General Manager of the company, presented a report on the R&D and technical roadmap of Shengrui automatic transmission products; Li Wenguan, the Vice General Manager of the company, presented the "Shengrui Automatic Transmission Production and Supply Chain Planning Report"; Tan Mingyang from Shandong Heavy Industry Group Finance Co., Ltd. explained the financing factoring policy; The supplier representative made a statement.
General Manager Li Fayou stated in his speech that Chairman Tan Xuguang set a goal for the future development of Shengrui at the recently concluded Weichai Power 2020 annual performance conference: to achieve market sales of 500000 units by 2025 and form an annual production capacity of 1 million units.
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At the same time, he proposed new plans for the future development of Shengrui. To achieve this goal, we will re plan and position the market, systematically analyze the target market, accelerate product development layout, focus on product quality, and improve management efficiency. The Vertical 8AT project is a key development project within Weichai Group's system, and it is also a key project for Shengrui Automatic Transmission to enter the commercial vehicle market first. Shengrui will complete the supply chain system layout as soon as possible, reach industry consensus, truly form a joint force, quickly form the vertical 8AT mass production capacity, and ensure that all indicators reach the international advanced level, break the monopoly of foreign vertical AT automatic transmissions, and achieve independent substitution. I hope everyone can seize the strategic opportunity period, actively cooperate, and jointly promote the development of high-end transmission technology for light commercial vehicles and passenger cars in China, accelerating the industrialization of automatic transmissions from "1" to "100"!
