Fast started first quarter with a sales revenue growth of over 35%

Date:2023-04-14 Author:Grace Source:www.chinaspv.com

April 14, 2023, Shaanxi, China, From January to March, Shaanxi Fast Automobile Transmission Group Co., Ltd.'s sales revenue increased by more than 35% year-on-year, and its export earnings increased by nearly 85%, achieving a "good start" in the first quarter.

With the continuous improvement of users' requirements for driving safety, convenient operation, energy saving and environmental protection, etc., Fast is actively focusing on intelligent products such as hydraulic retarders, ATs, AMT automatic transmissions, and new energy electric drive systems to raise the sales benchmark, increase promotion efforts, and achieve simultaneous growth in market share and sales turnover.

Fast continues to integrate into the new development pattern, guided by the step-by-step strategic goal. While firmly grasping the domestic market segments, it continues to develop the international market. On the one hand, it increases the globalization of the headquarters' international business, and on the other hand, it supports Fast Thailand and other overseas subsidiaries develop regionally, achieving international development and simultaneous increase in global influence.

Driven by the new round of industrial transformation, Fast continues to accelerate the intelligent upgrade of production lines, digital transformation of management and control, and actively participates in the construction of smart factories, green factories, and black-light factories, and has successfully established the "Fast High-Intelligence New Company" as the industry benchmark represented by the company, improving the quality and efficiency at the same time.