Recently, "China Construction Machinery" magazine officially released the list of the world's top 50 engineering machinery manufacturers in 2011. Ten Chinese companies are on the list. Yuchai Heavy Industry ranked first for 43rd. In recent years, with the vigorous development of global construction machinery, domestic and foreign construction machinery companies have made supernatural powers occupy positions, and the construction machinery industry has entered a new round of reshuffle. Yuchai Heavy Industry has seized market opportunities, conformed to market trends, and achieved a rapid growth in terms of product lines, scale, brands, etc., through the combination of outreach expansion and connotation-based growth, through self-cultivation and mergers and acquisitions. The rising star of global construction machinery and the leader of national engineering machinery. Based on the deepening of the Yulin base, Yuchai Heavy Industry has initially completed a global rational layout. In 2010, Yuchai Heavy Industry invested in the establishment of a North American company in Canada and the establishment of a European company in Germany, completing the first step in an internationalization strategy; in the same year, it established a production base in Changzhou, Jiangsu, a production base in Sichuan, and a global marketing settlement center in Tianjin. Service center and financing leasing platform; Optimize supply chain construction, sign strategic cooperation agreements with top-notch parts suppliers at home and abroad; Implement large information engineering projects; Quickly cut into mining machinery, piling equipment, and high altitude on the basis of deepening earthmoving equipment. Homework and other fields. In 2011, Yuchai Heavy Industry carried out a new round of institutional reforms. Under the Yuchai Group's management and control model, the division of labor at each production base is clear, deepening the potential of the company, enriching the product line, and rapidly increasing the strength of the company. The market for construction machinery products is maintained. The volume has approached the 60,000 mark and it has begun to become the first camp of the world engineering machinery. Yuchai Heavy Industry focuses on the cultivation of corporate connotation while enhancing its strength. Over the years, the company has consistently adhered to the principle of “building a market-oriented service system and building core competitiveness in serviceâ€, adhered to the quality policy of “keep improving, eliminating defects, and continuously improving and building quality†and adhered to the service concept of “fast, accurate, and goodâ€. Constantly build the competition model of corporate brand quality, brand service, brand culture. In 2015 at the end of the “Twelfth Five-Year Planâ€, Yuchai Heavy Industries strived to achieve a sales revenue of over 30 billion yuan, steadily moving toward an international operation track, establishing a global supply chain and marketing service network, and becoming a world-renowned brand of construction machinery.
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