As the world's largest independent diesel engine production base, Yuchai Group has actively changed its development approach, adhered to the path of green development and independent innovation, and improved its core competitiveness. This enabled the company to take an “innovation-driven†track and achieve sustained and rapid development.
Following the target of sales exceeding 27 billion yuan in 2009, Yuchai's sales revenue exceeded 13.0 billion yuan in January-April 2010, achieving a good start to the first quarter. Under the backdrop of the international financial crisis, Yuchai still achieved The continuation of the trend continued to grow, which was mainly due to Yuchai’s initiative in transforming its development approach to improve its technological innovation capabilities, thereby realizing “turning overtakingâ€. For a long time, Yuchai has consistently adhered to independent innovation to build its core competitiveness and established a “green development, harmonious and win-win†enterprise development strategy. Starting from the goal of protecting the ecology and building a sound industrial chain, Yuchai adheres to the road of green industry development. It is our responsibility to provide cost-effective green power and green machines, and to be the largest source of pollution control in China and a leader in China's green power.
In order to realize the "green development" as a sustainable development goal, Yuchai has increased its ability of independent innovation as its core, increased technological innovation, and developed and manufactured environmental protection with low emissions, low energy consumption and low consumables. Through vigorously building a small talent highland, establishing a scientific incentive mechanism, innovating a project management system and building an excellent team of research and development talents; reorganizing the Yuchai Engineering Research Institute based on the former National Technical Center, extensively with upstream and downstream enterprises and domestic Collaboration with external R&D institutions; strengthening investment in R&D and raising the level of innovation. Perseveringly and independently innovating to plug Yuchai into its wings. In the research and development of green power, Yuchai is at the forefront of the industry, and diesel engine emission control technology has been leading in China, synchronizing the Chinese engine industry with the development of international engines.
In the past 10 years, Yuchai has been leading the development of the industry in terms of national emissions, especially after the implementation of the regulations of the State 3, Country 4, and State 5, it assumed the responsibility of the national industry and successfully blocked the attacks of the international engine giants. In terms of hybrid technology, Yuchai has been at the forefront of the world in the fields of hybrid power and air hybrid power. Yuchai had only 27 patents before 1998, and it has reached more than 400 in recent years. The number of patents has increased by nearly 20 times in 10 years. It is the most authorized unit in the industry and Guangxi patent filing and processing.
At present, Yuchai has achieved five leading technologies in the domestic automotive power system technological innovation: taking the lead in supporting domestically-made systems, taking the lead in proposing an electronically-controlled combination pump for the concept of medium-light diesel engines, taking the lead in putting on after-sales diagnostics equipment, taking the lead in achieving self-calibration, and taking the lead. We advocated and promoted heavy-duty diesel engines and attached great importance to independent innovation. This enabled Yuchai to achieve double-digit high-speed growth for 10 consecutive years, an increase of nearly 20 times.
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