A New Year begins today, the spring breeze another year. Today on New Year's day, yuchai group extends sincere greetings and New Year wishes to friends who care about and support the development of yuchai cause all over the world, wishing everyone good health, good family happiness and smooth work!

Just now, yuchai group company chairman yan ping issued a New Year's message. He said that the dream ahead, forge ahead at that time, the New Year, yuchai will continue to work hard to start the horse riding whip to lead the new era, head up to the internationalization, and strive to be the first in the world's new journey!

dream ahead of the time

/ YanPing & have spent

annual update, with the first dawn of the New Year, we move forward. Much starker choices-and graver consequences-in & throughout; The year of the end of the planning, yuchai has entered a brand new period of development repositioning, reassembling and starting again, and striving for the goal of internationalization.

looking back on the past year, yuchai group has made steady progress despite wind and rain, and all yuchai builders have painted a magnificent picture:

we are glad to see that after several years of transformation, innovation, transformation and upgrading of the hibernation, yuchai savings of energy released, the group sales revenue again exceeded 40 billion yuan, further optimization of the industrial structure, the enterprise development pattern took on a new look, began to high-end transformation, second business gradually entered the harvest period.

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for the group company, in the second year of the administration of the autonomous region, the development of yuchai received greater support from the autonomous region, especially in terms of capital injection and financing platform construction, which effectively alleviated the problem of shortage of funds for the group's development. Yuchai heavy industry debt problem has been successfully resolved, the enterprise can throw off the heavy burden of debt restructuring development; The state-owned assets supervision and administration commission of the autonomous region has higher standards, stricter control and more detailed requirements on the management of state-owned enterprises. We are also learning, adapting and making progress. At the same time, the pure electric commercial vehicle project, automotive intelligent nitrogen sensor project, civil-military integration and other new projects and new industry construction and robust growth also for yuchai early realization “ Build a hundred billion industrial cluster ” Goals lay a solid foundation.

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yuchai shares plate, we are unprecedented in the determination, confidence and perseverance of enterprise reform, measures unprecedented. We cooperated with huawei to carry out the reform of r&d system, opening the prelude of a new round of reform in yuchai. We have introduced a large number of high-end talents, and organized a large number of management cadres and core cadres to study against the standards of international excellent peers. We have made the selection of talents more youthful, and further refined the criteria for selecting talents based on virtue rather than age. The reform of the divisional system has also been deepened. The parts division and the post-market division have been established. Together with the original several divisions, a new mode of customer-oriented organizational structure from parts to product life cycle management has been formed, with a flatter and more scientific organizational structure. Under the guidance of huawei experts, our corporate culture has been comprehensively and systematically upgraded, the medium and long term planning of yuchai stock has been repositioned, and the cultural program has been established. The corporate development positioning, strategy, target and confidence have become clearer.

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we are deeply affecting the development of the industry. In the field of research and development technology, we have mastered guo6, new energy and other hard core technology, in the 62 generation product technology research and development phase has been launched, we will once again from product developers to technology creators, standard setters magnificent turn; Our digital and intelligent guo6 factory has been completed and put into production, setting a benchmark for intelligent manufacturing in the industry. Joint venture “ International circle of friends ” With the continuous expansion, the cooperation with Germany MTU, eberge and other international advanced enterprises has been further deepened, the international supplier system has been established, and the international voice is no longer just a dream.

our voices began to ring through the world. The number of our engines has exceeded 470,000, covering all developing countries and breaking new ground in developed countries in Europe and the United States. In celebration of the 70th anniversary of the founding of the new China military parade, in the world miracle Beijing daxing airport, in the vast northwest, the snow plateau, in the americas, Europe, Asia and Africa and so on. Bb0 ” On the aorta … & hellip; Millions of yuchai engines are roaring. This is all the yuchai builders to create a strong for the world. Yuchai core & throughout; .

what goes around comes around. Our pay distribution mechanism breaks the stereotype. High salary balance ” Model, more trend “ Civil & throughout; The compensation and dividend distribution mechanism is more reasonable, and the employees' income is rising to a new level. Builders and contributors have become the biggest beneficiaries of the development dividend of the enterprise. We must send the flowers and applause to all yuchai builders, let the builders shine, let the builders enjoy the glory, victory will also belong to all yuchai builders! & have spent

in 2020 has been reflected on the face, the glow of New Year, the instability and uncertainty of the international situation will be more outstanding, manufacturing industry especially automobile industry faces new energy transformation, intelligent transformation, such as major turning point, but for years for the transformation and upgrading of enterprises good storage potential, for the product upgrade yuchai buckle down, will also bring greater development opportunities, yuchai will be promising, but there has to be.

in the New Year, we want to focus on customers, around the internationalization goal, stand in the height of the world's first-class enterprises to promote change, do better three main industries; We should promote corporate restructuring, introduce high-quality capital, improve corporate governance system, and support high-quality development for a long period of time in the future. To win the final six countries, break through T4, expand new energy, build the group's development of new advantages, to create the traditional and new energy power go hand in hand with the ldquo; Dual-core & throughout; International power city.

we need to change the model of strategic management and control to ensure strategic focus and implementation.

strategic planning, adhere to the main channel strategy, with the power of capital, with an international vision and pattern, focus on the core ability to create value for customers breakthrough, improve the strategic management system, promote the strategic planning and the group operating budget highly consistent, so that the strategic planning become the traction of enterprise change; Strategic execution, to align up and down, highly coordinated, force out a hole, a hole, toward the goal of strategic planning. Managers should attach more importance to strategy than ever before, build a strategic communication mechanism that connects every link of management, be sensitive to changes, be quick to adapt to changes, dare to abandon, be good at innovation, and lead enterprises to new glory.

we need to change our business model and create new value for our customers.

to implement “ First in China, first in the world ” Under the new situation, we must clear up wasteland for cultivation and bring in more grain. To change the business model, we should not blindly rush forward, nor should we seek for fish from a tree. The key is to gain insight into the market, get close to customers and grasp the real needs of customers. Yuchai should give full play to the comprehensive performance advantages of guo6 new products, focus on star products, create customer value throughout the whole product life cycle, and promote yuchai from power equipment supplier to power integrated solution supplier; The group should focus on developing new business models, balance short-term interests with long-term goals, turn policy advantages into enterprise advantages, turn product success into commercial success, turn group synergy into market effect, and comprehensively improve the development level of the group.

we need to change the collaborative model and realize three ldquo; Collaborative & throughout; .

the essence of business is to reduce management costs, improve efficiency, and focus on meeting customer needs. Therefore, we must break the blocking synergy. Wall & throughout; . In cooperation, the system research and development is the basic, we master the core technology is an important breakthrough of propulsion system synergy and laboratories, we are going to change as a starting point to research and development system, to build a world-class integrated product development (IPD) system model, to ensure product from accidental success to success is inevitable, thus promoting yuchai changes in production, sales and services to the depth, width, propulsion, system reengineering to new heights. In terms of industrial chain collaboration, we need to create a new win-win symbiosis, promote industrial cooperation, build a high-end supply chain that supports enterprise internationalization, and build a harmonious industrial ecosystem. In terms of internal coordination, we should further straighten out the relationship between headquarters and subsidiaries, and between functional departments and business departments, cultivate new advantages of business sectors, let business sectors lead the change and promote the transformation of functional sectors. It is necessary to strengthen the enablement and coordination among subsidiaries and departments, ensure the alignment of strategy and execution, solve the problem of vertical and horizontal, and realize highly coordinated development.

we need to change the model of talent recruitment and training and build a first-class talent team.

it is impossible to build a world-class enterprise without a first-class team. In the face of the new situation, we must make new strides. We must set higher standards and stricter requirements for cadres. We need to further stimulate the enthusiasm of leading cadres in their work and entrepreneurship, sharpen their broad shoulders of responsibility and their true ability to accomplish tasks, guide and encourage outstanding cadres to go to the front lines and open up a wider territory for enterprises; The cause of innovation calls for innovative talents. Yuchai internationalization needs more high-end talents. We need to improve and perfect high-end talents. Quoting, cultivating and using ” The mechanism should continue to be inclusive, attract and gather talented people from all over the world, make them useful, and let everyone who has a dream succeed. & other; Lei feng should not be let go. I have been adhering to the concept, in terms of job promotion and salary distribution, we should more advocate the value orientation, to create more value for the team and individual tilt, so that the outstanding organization and individuals always maintain the momentum of value creation.

we need to change corporate culture so that it becomes a soft power that can break the ice.

all the changes are basically cultural changes. Without a focus on culture, without a shift in consciousness driven by culture, all change is empty and unsustainable. As managers, we should take cultural change as the primary task, fulfill the responsibility of being a practitioner and builder of culture, focus on strategic objectives, focus on operation and management, integrate culture into the system, into the behavior, into the brand, and lead the development with culture. & other; Customer focus and builder focus ” Is the direction of our cultural change, and the only criterion for us to adapt to the changing internal and external environment. We should attach importance to the rules, fear the customer, through the standard management and change process to cut off. Face to leader, back to customer ” Let advanced culture truly blend into our blood.

years are fleeting, but the dream is always young. Generation after generation of yuchai builders persist in pursuing their dreams and are determined to build yuchai into the greatest enterprise in China and become an enterprise with influence and a powerful voice in the world. As the next generation that comes closest to realizing our dreams, we must take on a mission to move forward.

I expect that every yuchai builders in an age of uncomfortable challenges, this is full of vitality and brandish asperses themselves on the stage of yuchai this cause big, win the second startup the battle, will our enterprise into a rich, full of passion, and dare to innovation, to create immeasurable value for customers, continue to promote social progress and the fate of the community.

I hope that every yuchai builder is an indomitable maker, truly emancipate the mind, bold change, strive to seize every development opportunity in the era of great change, stand in the wind of the era, become the hero of the era, create proud achievements!

dream in front, endeavour just then. Let us carry forward the immortal dream, with excellent results to complete. Much starker choices-and graver consequences-in & throughout; The final work; At the same time, with the spirit of daring to break, indomitable, serious planning good “ 14 or 15 & throughout; Strategic planning, start to harness the horse and whip to lead the new era, head up to the internationalization, and strive to be the first in the world's new journey!