In any area, if a brand's market accounts for 70% of the market, then this brand must be very attractive.

In the field of heavy-duty transmissions , Fast has more than 70% market share. However, what this article has to say is that Fast has more places than this. It is independent research and development that has overcome the technical difficulties of hydraulic retarders, breaking the monopoly of multinational companies in this field, and significantly reducing China's The cost of a heavy truck fitted with a hydraulic retarder.

70% share of Fast in the parts industry 70% share of Fast in the parts industry

In the heavy-duty truck industry, home-parts companies account for 70% of the industry's share. This company is Fast.

2017 new record high performance

In 2017, the performance went one step further. In the first 11 months of this year, production and sales increased by 80% year-on-year. At the same time, the passenger car market is getting better and has become the preferred transmission for large passenger cars, with a market share of more than 50%. It is a foregone conclusion to create new records for revenue throughout the year. At this point, Fast has been firmly established as the "throne" of the world's largest transmission manufacturing company for 11 years.

Stick to heavy gearbox positions

It is easy to hit the country, and it is difficult to defend the country. Fast can occupy 70% or more of the heavy truck market, which is difficult. It will be even harder to maintain such a high share for more than ten years.

Forward-looking development of products has always made Fast to lead the industry Forward-looking development of products has always made Fast to lead the industry

It should be noted that in the past ten years, there have been competitions between transmission brands abroad, as well as new independent transmission manufacturers in the country, and more self-produced transmissions for heavy truck companies. Fast, in the face of more fierce competition in domestic and foreign markets, relying on leading-edge products and excellent product quality, with continuous innovation, continuous improvement, always provide heavy trucks, adapt to various market changes, the most advanced and most cost-effective The product. Because of this, Fast has gained the favor of many mid- and heavy-duty commercial vehicle companies and users, and can continue to maintain a high market share.

Forward-looking development of products has made Fast always lead the industry trend. The company has developed a series of 9-block, 12-speed, 16-speed, S and other transmissions in time to adapt to the new changes in the development of the heavy truck market, of which, Fast new high-end products S transmission, its performance indicators, reached the international advanced level , has become the choice of many high-end heavy truck brands.

In recent years, a number of heavy truck OEMs have developed their own transmissions. However, Fast has still occupied most of the heavy truck market. This is because Fast Transmission has always been able to lead in technology, stable performance, reliable and durable, cost-effective and outstanding advantages won over the majority of users, but also attracted many OEMs for the truck power system "gold matching."

Heavy duty transmissions have a 70% share in the domestic market because of the presence of Fast. "The narrow road meets the brave winner", Fast in the competition to hold the Chinese market.

Dare to challenge new areas

Adhere to the dominant areas and actively explore new markets. Each time FaST enters a new field, it brings brand-new choices to this field. From scratch, it can often become the user's first choice.

The passenger car transmission is one of the markets that Fast has sought to break through in recent years. In the first 11 months of this year, Fast's passenger car transmission has maintained its vitality and its market share has steadily increased. In particular, the 6DS series lightweight passenger car transmission has been selected as the standard configuration by many domestic mainstream passenger car manufacturers with its reliable quality assurance and high cost performance.

Fast S series transmission production line Fast S series transmission production line

In the field of light truck transmissions, Fast is also booming. Now we have reached deep and comprehensive strategic cooperation with Futian Omar and Dongfeng. Through both the sharing of technical resources and the joint development of products, we will surely maximize the value of our products.

While consolidating the traditional market, the Fast S series transmissions, AT/AMT automatic transmissions, retarders, passenger car transmissions, speed reducers, clutches and wheel reducers, and new energy products quickly seized the technological commanding point to innovate for the enterprise. Development has won more and more extensive market space.

At present, the Fastest Medium-duty Transmission and New Energy Transmission Project with a total investment of approximately RMB 3 billion has started construction. After the project reaches capacity, an annual production capacity of 1 million units will be formed to further expand the production capacity of mid-to-large-capacity transmissions in enterprises, enhance the R&D capabilities of new energy products, and accelerate the advancement of enterprises to the high-end industries.

Break the foreign monopoly of hydraulic retarder

In the field of heavy-duty transmissions, they have absolute advantages. They have become the preferred transmission in the field of large passenger vehicles and have made major breakthroughs in the field of light transmissions. These are not the best places for Fast.

Where is Fast's most cow-like place? It is breaking foreign monopolies in areas such as hydraulic retarders.

"I do not want to be controlled by others" This is the original intention of Fast has always insisted on independent research and development. Fast has always emphasized that independent research and development is by no means a simple imitation.

At present, many domestic parts and components companies have the problem that the core technology is not in their hands, but Fast is different. Fast Chairman of the Board Yan Jianbo believes that Fast does not lack wisdom and does not lack the tenacious spirit of constantly seeking for technology. As long as we persist, we will always succeed.

In 2017, Fast launched the world's first self-developed 9-speed commercial vehicle hydraulic automatic transmission, which completely broke the passive situation in which domestic automatic transmissions rely on imports for a long time.

In the hydraulic retarder market that has been monopolized by foreign brands before, Fast is currently playing a role. In 2016, the Ministry of Transport issued the draft of the “Technical Conditions for Safe Operation of Motor Vehicles”, which puts forward new requirements for the auxiliary braking performance of motor vehicles, especially heavy-duty trucks and special-purpose vehicles. Retarders have received attention and ushered in. Spring of policies. Fast has kept its promise to see Yueming. After Fast entered the hydraulic retarder market, it not only broke the monopoly of technical barriers, but also quickly reduced the cost of use, providing security for the user's travel.

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