Shaanxi Fast Auto Drive Group Company Business Report FY ended Dec. 2013
Business Highlights
Business Overview
-In 2013, the Company's sales is over ten billion yuan, up to 11.04 billion yuan.
-The Company sold over 100,000 unites lightweight aluminum transmissions and over 20,000 units 6DS bus transmissions.
Capacity Expansion
- Recently, the company completed its first phrase of revamping production lines and increased an additional capacity of 4,000 units H400B hydro dynamic retarders. (From a press release on February 1, 2013)
Order
-Xi'an FC Intelligence Transmission Co., Ltd., a subsidiary of the Company, has received an order from Caterpillar of the U.S. Xi'an FC Intelligence Transmission will mass-produce twelve new gears developed on its own. (From a press release on October 19, 2013)
-On August 28, 2013, the Company has become the only gearbox supplier for Volvo's new products "QUESTER UD" series trucks.
-The Company announced that it has started to mass-produce its new, lightweight transmissions. The company will be supplying ithe lightweight transmissions series, namely the 16JSD, 12JSD, 10JSD, RTD, 9JSD, 6DS, AMT, and 20JS200 to various automakers such as Shaanxi Heavy Automobile, Foton AUMA, Baotou Beiben Heavy-Duty Truck, GAC Hino, FAW Qingdao, and FAW Jiefang. It is already enjoying large demand especially for its 6DS transmissions for bus applications. The 6DS will be installed on public buses operated in 10 cities, which include Changchun, Shenyang and Xi'an. (From news releases issued by multiple sources on July 2, 2013)
- Xi'an FC Intelligence Transmission Co., Ltd., a subsidiary of the Company, has started supplying its CX series transmission systems, which are China’s first 6-speed hydraulic automatic transmission for heavy-duty commercial vehicles. These products are being delivered to Shanxi Heavy Automobile, Beiben Heavy-duty Truck, Yangzhou Shengda Special Type Vehicle, Suzhou King Long and other customers. In addition, the company is currently in talks with other Chinese heavy-duty vehicle manufacturers such as FAW, Auman, and Dongfeng. (From a press release, March 7, 2013)
Award
-The Company has received the 2013 Excellent Supplier Award from Caterpillar of the U.S.A. (From a press release on January 18, 2014)-The Company has received the following three awards from Beijing Foton Daimler Automotive: the Excellent Supplier Award; the Outstanding Technical Contribution Award; and the Science and Technical Innovation Award. (From a press release on January 7, 2014)
-Shaanxi Fast Auto Drive Group Company has received the Excellent Service Award for 2012 from Yutong Bus. (From a press release, March 7, 2013)
R&D
R&D structure
- The total number of R&D staff as of December 2013 is 300.R&D Facilities
Facilities |
Gear & Driveline Research Institute |
Processing Research Institute |
Product Test Labs |
Multi-condition test road for trucks |
Shaanxi Fast Auto Drive Engineering Technology Research Center |
Patents
- As of the end of 2013, the Company has 166 national patents, 52 patents for core technology and products. The patent of "lock-pin auto synchronizer" was granted a U.S. patent.