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At the 2011 Shanghai International Auto Show, Fast launched a series of new products such as AMT, AT automatic transmissions and 20-speed heavy-duty transmissions to expand the new automotive transmission market, marking the start of implementation of the 12th Five Year Plan for Fast.
As the leader of the domestic gear industry, Fast has exceeded 10 billion yuan in sales revenue in 2010. It has successfully reached a new height in the 11th Five-Year Plan period and has become a new starting point for sailing. After the annual sales revenue exceeded 10 billion yuan, Fast's greatest mission is to achieve transformation and upgrading. The important point of the Twelfth Five-Year Development Goal is to achieve a strategic transformation from parts suppliers to system suppliers. 
According to the Fast 12th Five-year Plan, Fast will invest 10 billion yuan in the next five years to develop new markets outside of heavy-duty transmissions in order to achieve sales of 2 million units (sets) in 2015. , Sales revenue exceeded 20 billion yuan, entered the ranks of the top 500 Chinese enterprises, built a globally competitive automotive transmission group.
Four new ideas lead the company
The Fast Fifteenth Five-year Development Plan defines 2011 as the fourth new sailing year: a new starting point, new challenges, new opportunities, and new development as the theme. It will become the spiritual program that will lead the development of Fast for the next five years. .
The new starting point is to build on the principle of scientific development as the main theme, to accelerate the transformation of economic development methods, to further increase independent innovation, actively implement brand strategies, and strive to expand the international market. Strong brand, to achieve wide-area development, and strive to achieve sales revenue at the end of the 12th more than 20 billion yuan strategic goals.
To meet new challenges is always to adhere to the concept of people-oriented, resource-saving and environment-friendly development, continue to carry forward the spirit of tenacious struggle, independent innovation, scientific practice, comprehensively promote lean production and lean management, improve product quality, improve management, and accelerate product innovation To speed up structural adjustment and realize transformation and development, make great efforts to adapt to market development requirements and actively seize the market commanding heights.
Grasping new opportunities is always unwavering in accelerating development, unswerving in persisting in transforming development methods, unwaveringly adhering to the project-driven strategy, unwaveringly adhering to independent innovation, seizing the golden opportunity period for rapid development of the automotive industry, accelerating system and mechanism innovation, and strengthening efforts. The development of vitality, continue to expand the market space, and further consolidate and expand the enterprise market initiative and leading edge.
To achieve new development is to continue to play a major role in China's auto parts industry, give full play to the leading role of national-level enterprise technology centers, and accelerate the pace of product automation, lightweight, multi-block, and diversified innovation and development. Through product innovation, technological innovation, process innovation, management innovation, concept innovation, and model innovation, the role of manufacturers from heavy-duty transmission manufacturers to drive system integrators in the entire field will be transformed. We will comprehensively upgrade our ability to innovate and promote the scale and development level of our business to a new level.
Octagon planning product layout
To achieve transformation and upgrading, product line adjustment is the most direct manifestation. Therefore, in the 12th Five Year Plan of Fast, the product layout is in a very important position, and it is also the main focus of investment of 10 billion yuan.
In the next five years, Fast's product planning is mainly divided into eight areas:
First, continue to consolidate and improve the level of existing mechanical transmissions, and further improve the industrial chain. For example, the Shanghai Auto Show 2011 launches a 20-speed transmission, and there may be more gears to meet different market demands in the future. Continue to improve the performance of the existing 8-, 9-, 12-, and 16-speed transmissions.
Second, as the product line moves downwards, Fast will vigorously develop medium- and small-sized mechanical transmissions for light and medium-duty cards, including transmissions with a torque of approximately 300 N·m. Promote Fast's competitive advantage in the small and medium transmission market.
Third, the passenger car transmission is one of the focuses of the future development of Fast. At present, Fast has developed a dedicated 6DS series transmission for passenger cars to meet the needs of a full range of passenger cars, including light passengers, passengers, and passengers. The special production base of the passenger car transmission for the fast cars under construction has an investment of more than 300 million yuan and a production capacity of 50,000 sets.
Fourth, Fast will increase investment in lightweight technology research and develop lightweight products such as aluminum alloy transmissions. Energy-saving and emission-reduction technology is the development trend of transmission technology. With only one transmission, it can reduce the vehicle weight by 100 kilograms, which contributes a lot to energy conservation.
Fifth, the hydraulic retarder that is closely related to the safety of automobiles is also a key product during the Fifteenth Five-year period. Currently, Fast has developed a retarder. 
Sixth, the automatic transmission is an important new growth point for Fast. At the 2011 Shanghai International Auto Show, Fast cooperated with WABCO to launch the AMT heavy-duty automatic transmission and also established a joint venture with Caterpillar in the United States to produce a 6AT hydraulic automatic transmission. The application of the automatic transmission in the truck market is still very few. The automatic transmission in the passenger car market mainly relies on imports, and the domestic automatic transmission market has a very broad prospect.
Seventh, in the next five years, Fast will strive to develop drive products outside the automotive industry, including construction machinery transmissions, marine gearboxes and so on.
Eighth, at a suitable time, Fast will enter the passenger car transmission market, including pickups, SUVs, and car transmissions.
All of Fast's product layouts are centered on the automotive transmission system. Its goal is to strive to build a large-scale automotive transmission group with international competitiveness.
First-class R&D support development
Fast can achieve brilliant results, and active product development is an important foundation. In the future development plan, R&D is an important support for achieving transformation and opening up new markets. Of particular interest is the Fast Automotive Engineering Research Institute, where new products and technologies from Fast during the 12th Five Year period will all come from. 
According to reports, the Fast Automotive Transmission Engineering Research Institute is the only enterprise research institute in China with the qualification of a national-level enterprise technology center in the gear industry. In order to build the institute, Fast has invested more than 600 million yuan and equipped with first-rate test facilities, including a turntable test bench that is only available for vehicle companies. Of the more than 40 test benches that have been purchased, more than 90% are international advanced products.
Such a large-scale investment in automotive transmission engineering research institutes will lay a new and more solid foundation for Fast's independent innovation and technological progress for the development of Fast 12th and beyond.
The completion of the state-level enterprise technology center marks that Fast has built a domestic first-class science and technology R&D system and independent innovation system, and has initiated a technology-led, innovation-driven, technically-supported, and rapid-development engine to form an integrated production, education, and research institute at home and abroad. With the new pattern of complementary market development, the company’s scientific and technological innovation capabilities and independent research and development have reached a new level.
The goal of Fast Automotive Engineering Research Institute is to become a world-class automotive transmission technology and talents incubator base, and to create a talented team with both ability and talent. On the new R&D platform, Fast will certainly develop its own core technology and truly develop into a world-class enterprise with international competitiveness.
June 04, 2021