In recent years, Guilin Fuda Group has actively explored the domestic and foreign matching markets for the crankshaft business, actively increased the matching efforts of the joint venture brand engine and vehicle manufacturers, and has achieved remarkable results. The company will further expand other joint-venture brand customers on the basis of increasing the supporting efforts of the existing joint venture brand engine manufacturers such as Dongfeng Cummins and Shanghai Hino.
At present, among the projects under development or trial production, Japanese Yanmar, Hino Japan, Hangzhou Yaman Engine Co., Ltd., Sany Heavy Industry Co., Ltd. and many other well-known domestic and foreign manufacturers have been included.
The company has signed sample prototype agreements with a number of customers, established a cooperative development relationship and planned the scale of product support. The company will develop and trial-produce relevant products for each other according to the needs of the other party.
The upgrading of the engine industry has increased the market space for high-end forged crankshafts. In accordance with China's step-by-step implementation of the requirements of the Fourth National Standard for Motor Vehicles, all vehicles produced in China, imported, sold, and registered for use in compression-ignition engines and vehicles must comply with the requirements of the Fourth National Standard as of July 1, 2013. The implementation of the four emission standards will have a huge impact on China's engine market, and the demand for more energy-efficient and environmentally friendly high-end engines will expand significantly.
Under such a market background, the new demand for the crankshaft products of Guilin Fuda Group in 2013 will increase significantly, especially in terms of supporting projects with manufacturers and high-end forged crankshaft products. This will impose higher requirements on the company's future crankshaft production capacity. In order to ensure the needs of new and old customers, it is necessary to build new production lines as soon as possible.
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