Recently, the “2017 China Auto Parts Enterprises Top 100” was officially released. This selection is based on the 2016 automotive auto parts business operating income as the main evaluation basis. Fast achieves its top 100 list with good production and operation results, fully demonstrating its solid strength in China's auto parts industry.
China's Top 100 Parts Enterprises in 2017

The capabilities of parts and components companies determine the core competitiveness of China's auto industry. Since entering the “Thirteenth Five-Year Plan” period, Fast relied on independent innovation and scientific and technological advancement, guided by the “5221” strategy, and promoted the development of new products by focusing on the promotion of new products, focusing on expanding the market and improving quality and efficiency. Strengthen management and reduce costs, production and management continue to maintain industry leading advantages, various operating indicators ranked first in China's gear industry for fourteen consecutive years, annual sales of heavy-duty transmissions for 11 consecutive years ranked first in the world. Among them, heavy-duty transmissions have a market share of more than 70% in the domestic market and more than 6.5 million units. This year's top 2017 ranking of China's auto parts companies is not only a vivid manifestation of Fast's independent innovation capability and comprehensive competitive strength, but also has played a positive role in the continuous enhancement of corporate brand influence.

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In the past five years, the total production and sales volume of China's auto industry has achieved rapid growth, and the profitability of the auto parts industry has also been significantly improved. In 2016, the cumulative revenue of the 12,700 auto parts enterprises above designated size reached 3.72 trillion yuan. This set of data has created a new high for the Chinese auto parts industry over the years.

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