Shaanxi Fast Auto Drive Group Co., Ltd. was founded in 1968, has more than 20 holding and shareholding subsidiaries. It is the world's largest commercial vehicle transmission production base and a global high-quality automotive drivetrain system and high-end equipment intelligent manufacturing integrated solution provider. Now it has formed an annual production and sales capacity of 1.2 million automotive transmissions, 50 million gears and 200,000 tons of automotive castings and forgings. Its products are widely exported to more than 50 countries and regions, such as North America, Northeast Asia, Southeast Asia, Eastern Europe, South America and Middle East.

All business indicators ranked first in China's gear industry for 20 consecutive years, and the annual production and sales volume of heavy-duty vehicle transmissions ranked first in the world for 17 consecutive years. The Company has won the honorary titles such as "National May Day Labor Award", "Top Ten Models of National State-owned Enterprises", "National Model Workers' Home", "National Civilized Unit", "National Best Practice Enterprise of Enterprise Culture Construction", "National Model Enterprise with Harmonious Labor Relations" and "National Advanced Grassroots Party Organization".

Relying on independent innovation and scientific and technological progress, Fast has built a first-class scientific and technological research and development system and independent innovation system supported by "National Enterprise Technology Center", "Academician Expert Workstation", "National Postdoctoral Research Center" and "British Innovation Center", forming a new pattern that integrates production, education and research and complements the advantages of domestic and foreign markets. The Enterprise was successfully selected as "the First Batch of National Intellectual Property Advantage Enterprises", "the First Batch of Manufacturing Individual Champion Demonstration Enterprises", "Intelligent Manufacturing Demonstration Enterprises", "National Green Factories" and "Double Hundred Enterprises" in state-owned enterprise reform. It has become one of the top 30 of China's automotive industry, the top 100 of China's machinery industry, the top 500 of China's manufacturing industry, and the "Double 100" of international and domestic auto parts, with more than 3,200 core technology patents, and won the national "Science and Technology Progress First Prize" and “China Industrial Award”.

The leading product of the Enterprise is commercial vehicle transmission, which is widely used in various models such as heavy-duty vehicles, buses, medium- and light-duty trucks, engineering vehicles, mining vehicles and low-speed trucks. It has been selected as designated supporting products by thousands of models of more than 150 vehicle makers at home and abroad, with a market maintenance of over 11 million units.

The key and core technologies of new energy products such as AT, AMT, S transmissions, hydraulic retarders, wheel reducers, hybrid and pure electric vehicle transmission systems independently developed and produced have reached the international leading level, providing a steady stream of new and optimized configuration for upgrading of commercial vehicles.

Fast has seized the development opportunities of "Belt and Road Initiative" and "China Intelligent Manufacturing", and accelerated the internationalization process. It has successively established good strategic cooperative relations with dozens of well-known multinational companies. Fast Thailand factory has fully developed into the ASEAN market, and the production and operation of Fast European joint ventures have reached new highs. At the same time, Fast has distribution companies and offices in North America, Eastern Europe, Southeast Asia and other regions, and its international layout has begun to take shape, and the radiation effect of globalization has become increasingly prominent.

Fast bravely bears the mission of state-owned enterprise and promotes the development of industrial chain. As the "Chain Owner" enterprise of Shaanxi heavy-duty truck industry, Fast relies on Qin Chuang Yuan's innovation-driven platform resources, actively incubates scientific research projects, and makes great efforts to create independent innovation and original innovation sources, and builds a demonstration benchmark for intelligent manufacturing. More than 100 production lines have been upgraded and optimized successively, and the numerical control rate of key processes has reached 100%, which has completely changed the traditional manufacturing mode and greatly improved the automation and intelligence level of enterprise manufacturing.

The Enterprise has successively built Fast Digital Intelligent Factory, Fast Intelligent Brake Industrial Base and Fast Hydraulic Retarder Lightweight Intelligent Factory, with an annual production capacity of 200,000 high-end series transmissions, realizing the transformation from traditional manufacturing to intelligent manufacturing, which increased production efficiency by more than 70%, reduced energy consumption by 14% and increased per capita output value by more than 5 times. It has won many honors such as "Intelligent Manufacturing Demonstration Enterprise", the First Batch of "Digital Pilot" enterprises and "Zero Carbon Factory" in China, giving full play to the leading role of state-owned enterprises and the typical demonstration effect of industry vanguard, and helping the high-quality development of automotive industry and equipment manufacturing industry.

Under the leadership of the Party, people gather their ideas and strength together to work hard, persist in cultural self-confidence, abide by the right path with integrity and innovation. Facing the "14th Five-Year Plan", Fast Group will continue to adhere to the guidance of Xi Jinping's socialism with Chinese characteristics in the new era, closely focus on the main line of high-quality development, and push forward the "4321" strategy in depth (i.e. core traditional business sales account for 40%, intelligent and new energy business sales account for 30%, international market sales account for 20%, capital market and new business accounts for 10%), and strive to achieve an annual sales revenue of 50 billion yuan by 2025, build “endogenous type” and “extended type” double wheel driving platform, and strive to construct an international first-class enterprise, and contribute more to local economic and social development and the construction of an automotive power.