Gathering the spirit of restraint, casting the spirit of harmony, Yuchai quietly walked through the road of “rebuilding” for three years

In the year of 55, what did Yuchai mean? Yuchai, which was built in 1951, achieved the goal of surpassing 10 billion yuan in annual sales revenue in 2006 through 55 years.

In the 3 years, what does Yuchai mean? From 2006 to 2008, Yuchai achieved a sales leap of 10 billion yuan to 20 billion yuan in three years and rebuilt a Yuchai.

Although it did not finish in 2008, Yuchai achieved the target of “10 billion yuan for the engine business of the joint-stock company” in the strategic goal of “Rebuilding a Yuchao in three years” proposed by the Group one year ahead of schedule in 2007. In the first half of this year, Yuchai realized sales revenue of 12.259 billion yuan, an increase of 29.46% year-on-year, and completed 61.295% of the 20 billion yuan. Yuchai people are full of confidence: Under the leadership of Chairman Mao Ping, by the end of 2008, the expected indicators will be successfully implemented, and “rebuilding a Yuchai in three years” will be the perfect ending.

In 2005, when Yu Ping served as the chairman and party secretary of Yuchai Group Co., Ltd., it coincided with the low period of the domestic diesel engine industry. The sales volume of the internal combustion engine industry showed a negative growth as a whole. The industry situation became more and more severe, and the auto industry was all the way. As a result, the market for trucks has been declining, the heavy truck and quasi heavy truck markets have fallen by 32%, and the internal combustion engine market has fallen into deep valleys.

The market "quick freezing" is even more of the king of Yuchai. In the face of the big retreat of the power industry, the new leader Zhang Ping led Yuchai to examine the situation, unveiled the integration curtain, changed the development mode, vigorously promoted independent innovation, promoted the concept of green development, and created a miracle in the contrarian. : In 2005, it achieved operating income of 12 billion yuan, an increase of 12.3%; sales of 267,500 diesel engines of various types, an increase of 16%; export revenue reached 17 million US dollars, an increase of 96%, the industry known as the "Yuchai phenomenon."

After quickly reversing the downward trend and achieving a balanced transition, in 2006, Fuping made a promise of “rebuilding a Yuchai in three years”: after three years of use, it will achieve marketing revenue of 20 billion yuan by the end of 2008, which is equivalent to recreating a jade. firewood.

For Yuchai, this will be three years full of challenges and passion for entrepreneurship. It will be a three-year period of “green development, harmony and mutual benefit”, and it will be an extraordinary three-year enlightening significance. Rebuilding in three years is not only "rebuilding in quantity" but also "rebuilding in quality." In fact, Yuchai has taken a three-year effort to make significant progress in expanding the market and increasing sales. It has also refined a new set of technologies in the corporate system, mechanism, management, research and development, investment and financing, and corporate culture. Sustainable corporate philosophy.

In the past three years, Yuchai was so restrained that the outside world did not know what happened to Yuchai during this period. However, this restraint is precisely the mature temperament of Yuchai. Three Yuchai were rebuilt in three years and a temperament was created. This kind of temperament integrates passion, responsibility, and self-confidence in one; this temperament, gathering restraint, and casting a harmonious soul have reached a new height in China's manufacturing industry.

Deepen the reform and optimize the system

After entering Yuchai, a new problem has deeply troubled Yuping: Yuchai’s output has increased year-on-year, and the single-engine cost index has also increased year-on-year. This does not conform to the law of manufacturing: originally a product reaches a point of profit and loss, and the scale The bigger the operation, the lower the cost should be, but Yuchai is just the opposite. Is it a problem with the system?

Junping decided to promote the reform of labor, personnel, and distribution systems in Yuchai, further clarify the company’s property rights relationship, start with the establishment of a modern enterprise system, and standardize the governance of the parent company structure, carry out a series of establishment and establishment work, and improve modern group companies. The planning and construction of the system has enabled the group to enter a state of normal operation. In terms of the labor employment system, a standardized labor contract system is implemented; in the personnel system, the functions are reconfigured according to the principles of leanness, efficiency, and optimization, and the management level is reduced. The personnel of the agencies perform competition to form a management cadre. Mechanism; in the distribution system, establish a dynamic management mechanism linked to salary distribution and corporate economic efficiency and employees' actual contributions, so that the employee's labor remuneration and job responsibilities, job contributions, job responsibilities organically combined to form a salary can be more or less income mechanism.

Like the thunderous spring thunder, like a fresh wind, Yuchai’s reforms from the inside out, from the introjection of the mobilization of vitality, from a pragmatic style to show the power of shocking people. The implementation of these systems established the framework of the company’s party building system, rationally allocated industrial resources, strengthened the role of the parent company, and focused on the major contracts of the entire group of companies, especially the subsidiaries, in accordance with the requirements of the modern enterprise system. Significant investment, major decision-making and declaration and approval of important personnel appointments and dismissals. While establishing and improving the internal system of the group, Fuping specifically emphasizes the need to focus on the supporting indicators of the system and the implementation of assessment methods, especially the performance assessment system for senior management personnel. The income of the subsidiaries that allows superior production and operation of the subsidiaries is higher than that of the senior management of the group. Income.

The vibrant mechanism has greatly stimulated the enthusiasm and creativity of Yuchai employees, injecting endless potential and enthusiasm for the development of Yuchai.

In addition, Fuping also decided to implement a system for the appointment of financial directors for wholly-owned, controlled, or controlled-controlled subsidiaries with a proportion of more than 40%, further strengthening and deepening the group's financial management, and further guarantees The company's assets are kept up to date and the financial information is authentic and complete.

The deepening of reforms and the optimization of the system blocked the internal management flaws of Yuchai, and formed a mechanism for mutual sharing of resources and efficient operation among subsidiaries. Yuchai’s internal financial platform, information platform, and competition platform are used in integration. It is becoming more and more obvious. These return to pragmatic, combined with the actual restraint of the gas, for Yuchai's sustainable development and bigger and stronger, leading the power industry to provide a stable and secure institutional guarantee.

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Fine management strengthens responsibility

A successful company has its unique temperament. One of Yuchai’s corporate temperament is that she always starts from reality, maintains a restrained style of work, does not raise publicity, does not perform well, works on a down-to-earth basis, and works hard, constantly cultivating and raising acumen, and accumulates in preparation for thin hair. The ant colony was discovered in time and it safely bypassed the reefs and rapids while sailing. Yuchai’s corporate temperament is particularly evident in the fine management and strengthening of its responsibilities.

After China's engine industry entered the era of low profit, Yuchai established a comprehensive budget management system in order to create profitable and conservation-oriented enterprises. Wang Wei, head of the budget department of Yuchai Machinery Co., Ltd., told the reporter that Yuchai’s promotion of comprehensive budget management is only part of the cost control. The overall function of the budget system is that it functions as a data aggregation center and can be regulated overall and macroscopically. And grasp company trends, and track and analyze the marketing and management situation, find abnormalities in a timely manner, and use the analysis results as an effective basis for high-level decision-making, and take a solid step in Yuchai’s long-term road to becoming bigger and stronger. .

In 2006, Yu Ping personally operated and set up Yuchai Cost Center, established an assessment incentive platform and supervision program for cost reduction work, and personally implemented the Secretary of the Board of Directors to supervise and assess several major indicators assigned to each senior manager of a stock company. , to achieve the sub-item, block, sub-sector, according to the budget management system to develop the points for the implementation of the implementation of detailed management in each place, in 2006, Yuchai cost savings of up to 100 million yuan, in 2007, saving 239 million yuan.

In order to adapt to the fierce market competition and create a healthy and efficient enterprise quality, Yuchai has issued the Interim Measures for the Administration Accountability System of Senior Management of Yuchai Group, strengthening cadres' duties, self-responsibility, and checking the accountability. , cleared up many bad management styles. Between internal and external processes, Yuchai implements a strict liability chain system and requires each Yuchai person to be responsible for his or her job, be responsible for products and services, be accountable to customers, and lay a solid foundation for fulfilling the concept of honesty, trustworthiness and integrity. A solid foundation.

Independent Innovation Looks Internationally

Fuping said that being controlled by people will never be too big.

Yuchai is the only company in the internal combustion engine industry that does not rely on OEMs. To survive and develop, we must do better than our peers, which forces Yuchai to focus on independent innovation.

For many years, Yuchai’s independent innovation has always been at the forefront of the industry. In 2006, Yuchai successfully launched the first diesel engine in China, which was 4 years ahead of the country's mandatory implementation standards. At the same time, it successfully developed the first domestic CNG gas engine that meets the national 4 emission standard; China's first and smallest 1.2,1.3 litre displacement micro-cabinet diesel engine in the world, assembling domestic cars into the market, once again fills the gap in the national manufacturing industry.

In July 2007, Yuchai Engineering Institute was announced. In this year, the YC6A, YC6J, and YC6G diesel products won the Export Exempt Verification Certificate issued by the General Administration of Quality Supervision, Inspection, and China's first (YC6L-50) 5-emission diesel engine was successfully developed, and the urban passenger vehicle hybrid model (ISG) Successfully developed the technology; Yuchai's high-end brand “璧” series of trademarks successfully registered...

Independent innovation is the source of Yuchai’s continuous improvement and is the key element of Yuchai’s efforts to build its core competitiveness, to look into the international market, and to create a harmonious enterprise spirit. The establishment of the Yuchai Engineering Research Institute is an epoch-making prosperous history in Yuchai's history of development. It is another milestone in the development of Yuchai. It proudly announces to the world that “Yuchai” will rely on its own strength and become self-reliant. Responding to the great cause of rejuvenating the national industry, relying on independent innovation, and struggling on the road to internationalization!

At present, the business of Yuchai Group has been extended to Asia, Europe, the United States, Africa, and Oceania; there are more than 30 offices at home and abroad, more than 40 branches, more than 1,000 distribution centers, specialty stores, and more than 2,000 terminal services. Outlets. In 2007, Yuchai exported more than 29,000 units overseas and registered Yuchai trademarks in 50 overseas countries. In 2008, Yuchai’s overseas sales target was 50,000 units, and in 2007, 30,000 units were added to the 30,000 units. The proportion of exports in total sales will exceed 10%.

On January 20, 2008, Yuchai held an annual marketing service conference in Changsha and comprehensively put forward the theme and goal of internationalization of “Excellent Quality, International Yuchai”. Yuchai’s position on its internationalization strategy not only focuses on the expansion of overseas markets and the increase in exports, but also focuses on a comprehensive management of industrial layout, capital operation, management innovation, product market research and development, and talent cultivation internationalization.

Yuchai’s internationalization strategy is the continuous development of Yuchai’s gold from the region to the global layout. It fully shows Yuchai’s forward-looking business vision, led by Fuping, and fully demonstrates the king of the dynamic kingdom with innovation as its source. temperament.

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Green development and harmony and win-win

A good company is a responsible company.

As Yu Ping said: "As a well-known large-scale manufacturing enterprise, Yuchai Group consciously fulfills its social responsibilities, and being an outstanding corporate citizen is our important development goal."

The core philosophy of Yuchai’s original enterprise is “people-oriented, first-come-first-half” and the key lies in the internal of the company. In 2006, Yuchai Group put forward the core concept of “Green Development, Harmony and Win-Win” to expand the responsibility of the enterprise from the enterprise to the society, and transform the relationship between the company and the upstream and downstream industries into a strategic partnership. The healthy development of the company is combined with the harmonious progress of the society, so that Yuchai’s corporate image is elevated to a new level through the sublimation of corporate culture.

In 2007, Yuchai Euro 4 products successfully bid in public bidding in Beijing, Hangzhou and Shenzhen, and obtained over 2,000 Euro 4 product orders, making Yuchai the only domestic manufacturer capable of supplying Euro 4 diesel engines in batches.

In Yuchai, "green development, harmony and mutual benefit" has become the core concept known to all. Its basic connotation is: Yuchai through technological progress and independent innovation, fully integrate resources, establish an engine-led industrial cluster, promote the development of circular economy, achieve environmental optimization and harmony, create a Yuchai and customers, and the government, and social harmony A win-win "green industry chain."

A mature and civilized enterprise must be marked by the development of humanistic care, and the core of humanistic construction is to mold the soul. The core concept of "green development, harmony and mutual benefit" reflects the highest realm of Yuchai's humanistic construction. If Yuchai’s output, quality, profits, and machinery are lacking in spirit and culture, it will certainly lose its charm and beauty, and it will lose its cohesion, influence, and radiation.

“Green development and harmonious and win-win” is the value orientation of Yuchai’s business practices. It reflects Yuchai’s strong corporate responsibility and profound cultural heritage while demonstrating Yuchai’s majestic atmosphere and the king’s wind.

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