A few days ago, the 2014 "China Machinery 500" research report was released in Beijing. Yuchai Group ranked 17th among China's machinery top 500 by 94.81.
Yuchai Engine
In 2014, the “China Machinery 500†research report conference was sponsored by the China Machinery Industry Enterprise Management Association, and jointly organized by the Machinery Industry Economic Management Research Institute and the World Managers Group. The report adopts the Corporate Competitiveness Evaluation Model (CVA) designed by the World Manager Group in accordance with international conventions. It comprehensively analyzes the company’s sales revenue, total profit, asset profit rate, growth rate, and other data combined with industry differences, reputation indices, and other factors. And appraisal.
In 2013, Yuchai Group conscientiously implemented the strategy of “Qiangchai Xingyu†by the Yulin Municipal Party Committee and municipal government . Under the guidance of the “Strong Internal Control, Fine Management, Efficiency Improvement , and Steady Growth†operating guideline, the entire company was based on quality and controlled by risk. As the core, lean operation as the starting point, market-oriented, persist in the development of the core sector and deepen the main business, the Group's main product sales achieved steady growth, the market share continued to increase, and the stable and healthy development momentum continued to be maintained. The sales income of 42.467 billion yuan was realized, a year-on-year increase of 2.15%.
It is reported that China's top 500 machinery companies have become the main players in the Chinese machinery industry. In 2013, the number of companies with sales revenue exceeding 10 billion has reached 127. In addition, in the 2014 China Top 500 machinery list, SAIC , FAW , and Dongfeng Automobiles swept the top three, wire, cable, fiber optic cable, and electrical equipment manufacturing companies ranked 45, and 48 engineering machinery manufacturing companies were on the list. In contrast, companies in the logistics equipment, packaging equipment, and environmental protection equipment industries accounted for a small percentage of the top 500.
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