Fast Group sold more than 100,000 transmissions in the first quarter

Thanks to continuous technological innovation, the Fast Group has made significant progress in overcoming the challenges of the financial crisis. Its production and operations have shown a strong momentum of rapid growth. In the first quarter, the company achieved a total sales revenue of 1.28 billion yuan, completed an industrial output value of 1.23 billion yuan, and sold 101,269 sets of automobile transmissions. Specifically, in March alone, the company generated sales revenue of 720 million yuan, completed an industrial output value of 690 million yuan, and sold 60,253 sets of automobile transmissions. All key performance indicators showed a year-on-year growth of over 200%, setting a new record for the best performance in the company's history. The self-developed small 8-speed transmission series has gained popularity among users due to its advanced features and superior cost-performance ratio. Monthly sales have surpassed the 10,000-unit mark, reflecting strong market demand.

In response to the financial crisis, Fast Group actively seized the opportunities brought by the country's expansion of domestic demand. Leveraging its scientific and technological strengths and scale development advantages, the company has been accelerating product structure adjustments and technological innovation to quickly meet the evolving market needs for medium and light trucks, agricultural vehicles, and passenger cars. Currently, several new products, including the independently developed 6DS transmission and lightweight, large-center-distance transmission, are now in mass production. These innovations offer the latest optimized configurations for the replacement of buses, light trucks, cement mixers, truck cranes, wagons, and airport shuttles, significantly broadening the company's market space and ensuring long-term sustainable development.

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