Luan Ping (first from right) took office

From July 27 to 28, the mid-level working conference of the Guangxi Zhuang Autonomous Region was held in Nanning. Yuchai Group won the “2008 Guangxi Strong Excellent Industrial Enterprise” and was rewarded with RMB 2 million from the Autonomous Region. Chairman of the Board of Directors Fuping attended the conference and received the award. The Secretary of the Party Committee of the Autonomous Region and the Director of the Standing Committee of the People's Congress of the Autonomous Region, Guo Shengbiao, the Deputy Secretary of the Autonomous Regional Party Committee and Chairman of the Autonomous Region Ma Ke made important speeches at the meeting.

In addition to the Yuchai Group, whose main business revenue exceeded RMB 20 billion in 2008, Guangxi Liuzhou Iron & Steel (Group) Co., Ltd., which has reached 35 billion yuan or more, exceeded 30 billion yuan. Guangxi Power Grid Corporation, more than 20 billion yuan of SAIC-GM-Wuling Automobile Co., Ltd., 10 billion yuan of Guangxi Liugong Group Co., Ltd. and other 10 companies.

In recent years, Yuchai Group has established a management model for investment and financing under the guidance of Fuping, taking the path of international development, taking the "green development, harmonious and win-win" as the core concept, and "excellent quality and international Yuchai" as its strategic objectives. The core competitiveness of the company has been comprehensively promoted, and the rapid growth with an average annual growth rate of more than 30% has created the unique Yuchai phenomenon in the industry. In 2008, Yuchai Group became the country's first batch of auto parts remanufacturing pilot companies, established a joint research and development center with Brunel University, joined the United Nations Global Compact, realized sales revenue of 20.988 billion yuan, on schedule to achieve "a three-year reconstruction of a Yuchai" aims. And for the 8th consecutive year, it maintained the first domestic production and sales volume in the same industry.

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