Yunnei Power Converses Growth Through Transformation and Upgrading
137,499 units, which is the number of diesel engines sold by Yunnei in January-August 2015. Under the background of the overall decline in sales volume of the industry, Kunming Yunnei Power Co., Ltd. (hereinafter referred to as “Yunnet Powerâ€) still maintained an increase of 6.11% over the same period of last year; while some companies in the same industry fell by more than 20%, some It is down more than 50%.
At the same time as the contrarian growth, an announcement of Yunnei’s September 10 also caused widespread concern in the industry: the company has signed the Automatic Gearbox Matching Development Agreement with Punch Powerglide Strasbourg SAS (“France ppsâ€). The two sides will jointly develop the domestic and foreign diesel engine automatic transmission market.
“The pressure brought by the economic downturn is definitely there, but there is always a market for the market to fall anyway. If the diesel engine automatic transmission project goes smoothly, it is not a problem to increase the sales volume by 20% on an existing basis.†Yunnei Power Yang Bo, the person in charge, said in an exclusive interview with this reporter.
Behind the buzzing sound is the semi-annual report of Yunnei’s dynamic performance and good expectations for the first three quarters of the year: In the first half of this year, Yunnei’s dynamic operating income was RMB 1.45 billion, a year-on-year increase of 21.41%, and net profit attributable to shareholders of listed companies was 9634.6. Ten thousand yuan, a year-on-year growth of 12.06%; and in the first three quarters, the net profit attributable to shareholders of listed companies is expected to increase by 30% to 50% over the same period of last year.
Yunnei Power Production Workshop
Converse growth
New standards bring new heights
In Yunnei Power DEV series diesel engine production workshop, construction worker Wang Lei also visited every corner of the workshop. The D20TCI D4 diesel engine, which will begin mass production this year, is being produced at full capacity. By the end of the year, its output will reach 30,000 units, and in 2016 this figure is expected to reach 100,000 units.
“The overall situation of the market this year is not very good. Many manufacturers are cutting production or even stopping production. However, we have always been in normal production. In the first few months, we have to work overtime to increase our work.†Talking about the company’s production and management, Wang Lei’s speech Revealed pride. He told reporters that from the beginning of this year, the nationwide implementation of the fourth national emission standard has been implemented. This has not only affected the power within the cloud, but has also driven the sales of related products.
Originally, as early as 2009, Yunnei Power cooperated with SAIC Group, a large-scale domestic vehicle manufacturer, to jointly develop and upgrade the D19TCI Euro IV and Euro V diesel engines. This is the first time that Yunnei has attempted simultaneous development of the engine and the entire vehicle. In 2012, the product R&D was successfully completed. The product fully met the expected goals and passed the European emission test. The D19TCIE Euro V diesel engine with independent intellectual property rights was successfully exported to the UK with the SAIC MG6 sedan, creating a new era in the export of China's own-brand diesel engines.
At present, D19, D20, D25, D30, YNF40 and other products have been implemented in JAC, CNHTC, Beiqi Foton, FAW-GM, Dongfeng, Nanjing Iveco, Sichuan Hyundai, Shandong Kaima, Shandong Wuzheng, Chengdu Dayun, etc. The success of a variety of vehicle models on a number of models, initially built a core market framework.
“Commercial vehicle sales fell by around 23% in January-August this year, but there is always a market for any decline. In the first 8 months, Yunnei’s diesel engine sales maintained an increase of more than 6%, while in the domestic industry, There are only three companies that can maintain growth, said Yang Bo, chairman of Yunnei Power.
Yang Bo told reporters that after the country enforced the country's fourth emission standard, the sales revenue of the Guosi diesel engine will usher in an explosive growth in 2015. Thanks to the company's advancement in R&D, Yunnei’s market share has rapidly increased by 2%, and its installed capacity in the 22 major automobile plants has increased by 10.46%.
Take advantage of
Continuous optimization and upgrading of industrial structure
It is clear that Yunnei Power is not only satisfied with the continued rise in engine sales, and an announcement issued on September 10 once again attracted widespread attention in the industry.
The announcement revealed that in order to push the Yunnei Power DEV series products to a broader market and build the first professional diesel engine automatic transmission powertrain in China, the company has signed an "Automatic Transmission Matching Development Agreement" with the French pps company. Will jointly develop domestic and foreign diesel engine automatic transmission market.
Founded in 1967, pps France is a world-renowned manufacturing company that specializes in designing and manufacturing automotive parts such as gearboxes and automatic transmissions. The products are mainly supplied to well-known European automotive companies. According to the agreement, pps will use Yunnei Power as the only diesel engine partner in China to develop a six-speed automatic transmission for Yunnei Power for rear-wheel and four-wheel drive engines. After the completion of the development, both parties will jointly develop automatic transmissions at home and abroad. Box market.
"At present, except for heavy trucks , including light trucks, pickup trucks, and even the passenger vehicle diesel engine market, there are no automatic transmissions. If powertrains are provided to automobile manufacturers, sales increase by 20% on an existing basis is not a problem at all. "In Yang Bo's view, product development must be based on the perspective of consumers to think about the positioning and performance of products. Now many people will not open manual transmissions to solve the bottleneck of diesel automatic transmission. Not only manufacturers support but also consumers. welcome.
While planning product upgrades, Yunnei Dynamics is also starting to optimize processes in production, management and other aspects from within the company. On August 20th, Yunnei Power and Inspur Group signed an information technology strategic cooperation agreement. The two parties will cooperate in the establishment of the Group's management and control software ERP system, servers, and operation and maintenance of information systems.
At the same time, the company has also achieved substantial results in quality and cost reduction. “Using the optimization process, our hourly output has been increased from 42 last year to 62 this year.†Yang Bo told reporters that in the first half of this year, the company has realized a reduction of more than 40 million yuan, and this year's hourly productivity increase can reduce this 1000. More than ten thousand yuan.
Yunnei Power Production Workshop
Responsiveness
"Troika" goes hand in hand
While the indicators are good, Yunnei Dynamics is also planning for the "13th Five-Year Plan" and longer-term development.
“There is no doubt that the engine and related business are certainly our core business. During the 13th Five-Year Plan period, we must fully master the engine core advanced technology and provide system solutions for auto manufacturers.†In Yang Bo’s view, in addition to mastering core technologies, The improvement of service capabilities is also an important indicator of the overall strength of a company.
However, Yunnei Power Group obviously not only focuses on one section of the engine. Time back a year ago, Yunnei Power Group and Haikou Industrial Park Management Committee signed two projects: one is a total investment of 1.19 billion yuan, put into production after the value of 1.5 billion yuan in glass deep processing projects; one is a total investment of 490 million yuan The new energy passenger car project with a production value of 1 billion yuan after being put into operation.
“According to the current progress of the project, the new energy bus project is expected to be completed by the end of the year, and the glass deep processing project will also be put into operation next year. By then, glass processing will become another important segment of Yunnei's power.†Yang Bo told reporters that the introduction of the current With the advanced production line, after the completion of the glass deep-processing project, it can achieve an annual output of 16 million square meters of flat glass, 2.4 million square meters of vacuum glass, 1.2 million square meters of spray-coated glass, and 400,000 square meters of glued insulating glass products. In 5 years, the products can be imported into the country and around the world through many automobile manufacturers.
“In addition to engine and related businesses and glass deep processing projects, Yunnei Dynamics will also make financial business one of the three major segments of future development. At present, we are considering cooperating with some institutions to set up fund companies to integrate industry and finance. "Yang Bo told reporters that although other aspects of the business companies will also be involved, but more from the perspective of investment.
While establishing the “troika†development plan, Yunnei Dynamics is also actively planning overseas markets. South Asia and Southeast Asia have undoubtedly become the areas that Yunnei has focused on. According to Yang Bo, South Asian and Southeast Asian countries not only have a greater demand for agricultural machinery, but also have a significant increase in the demand for passenger cars in the next 10 to 20 years. The market prospect is very broad.
"Europe, Africa and other markets, our products are more to go with the vehicle, but we will consider more in South and Southeast Asian countries." Yang Bo said.
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