First, the development process

Xuchang Far East Co., Ltd. was founded in 1954, drive shaft, the State Ministry of Machinery in 1969 identified as the first shaft Professional manufacturer. 2003 conversion to a limited liability company, the overall change as a limited company in 2007, May 18, 2010 were listed in the Shenzhen Stock Exchange.

Second, the status of the industry

Far East, drive is the largest and most varied, most complete specification of non-constant speed drive shaft development, production and sales well-known companies, was awarded "China's auto parts industry leaders shaft", "China Machinery 500", "Auto Parts 50", "2010 the most competitive auto parts hundred enterprises".

Third, the production capacity, variety, market share

Far East, drive with specialized production and testing equipment 870 sets, "U-type NC a flow line "156, with an annual output of 2.5 million sets of non-constant speed drive shaft production capacity. Products include light, medium, heavy and construction machinery four series of more than 5,680 varieties, widely used in addition to all vehicles other than cars and construction machinery. Road car: from the micro-passenger, light truck to luxury passenger cars, missile launchers, missiles, service vehicles, break vehicles and 300 tons of heavy trucks. -Highway vehicles: from the desert vehicles, exploration vehicles, loaders, one hundred tons dump trucks, excavators to source cars, fire engines, 20T-800T crane, the wide scope of application, many varieties called the industry the most. Series of heavy truck market share of over 25%, construction machinery products for more than 56%market share, competition in the industry to gain an absolute advantage.

Fourth, technology, quality

Far East, drive is a national "high-tech enterprise", is the industry standard of one of the major makers, the company's technology Center is the Henan provincial enterprise technology centers and automotive engineering technology research center shaft; company has fifteen national patent as well as 19 non-patent technology; has passed the ISO9002, QS-9000, ISO/TS16949: 2009 quality management system certification and China's auto products certification. Product was awarded "China Famous Brand".

five customers, the market

Far East, drive across the country set up 44 regional and marketing service network covering the country's 28 provinces, municipalities, nearly one hundred manufacturers supporting the host, and become the preferred supplier of many customers, with Beijing Automotive Group, North Benz, Shaanxi Heavy Duty Truck, Dongfeng Liuzhou Automobile, JAC, Dayun car, Valin, Anhui, Jiangxi Jiangling, Chang cars, Great Wall Motor, Zhengzhou Nissan, Yutong Group, SAIC-GM-Wuling, Xuzhou Heavy, Guangxi Liugong, Xiamen Engineering shares, Lingong, Trinity Group, Zoomlion, Sanjiang Space, Taian space such as a a large number of well-known clients. Has been awarded National Top 100 Automotive Parts supplier, was awarded the Armed Forces' 60th anniversary of National Day military parade in the capital equipment support excellent supplier "and so on.

to implement the "zero time, zero distance, zero inventory," the marketing concept, fast response to customer requirements, to provide comprehensive services to consolidate the status of a supplier company, we actively promote the "lean production zero distance, the car factory base to do "in the host nation's major production bases were set up wholly-owned companies and joint ventures, effectively increasing the company's market share.

six development strategy

company always adhere to the "innovation every day," the theme of work, persist in using the "asset light" to build the company's core competitiveness; with "lightweight design" cost-effective to open the door; with close to customers, "three zero" marketing model to cultivate customer loyalty to the company for the Far East; complete industrial chain products with the elongated process route for the company to pave the way for sustainable development ; well-being of the Far East to build a harmonious family with team cohesion; with "innovation every day," the corporate philosophy of sustainable development for the company continuously inject new vigor six strategic principles for guidance. Outside to speed up consolidation in the industry to increase efforts to expand the scale of the implementation of mergers and acquisitions, restructuring, expand market share; internal pay close attention to the internal potential, energy saving, low-carbon environment, recycling economy enhance product quality and international standards.