Yunnei Power: Doubled Production Capacity and Rapid Growth


The company is mainly engaged in the development, production and sales of small-bore, multi-cylinder diesel engines and light trucks. It is one of the largest manufacturers of small multi-cylinder diesel engines for domestic vehicles. At the same time, the company is also the largest diesel engine manufacturer in the western region of China and has a strong competitive strength in the automotive diesel engine industry. Diesel engines take into account both energy saving and environmental protection. The dieselization of passenger cars is an inevitable trend. The market share of the company's automotive diesel engine is second only to Dongfeng Motor and FAW and ranks third among the national production and sales of automotive diesel engines. After 5 years of research and development, with independent intellectual property rights, the company has built a sample of passenger car diesel engines, becoming the first domestically-produced car diesel engine manufacturing enterprise, marking the company's development has entered a new stage. During the "Eleventh Five-Year Plan" period, the company's total production capacity will reach an annual output of 400,000 diesel engines, of which the saloon diesel engine will reach an annual production capacity of 200,000 units, and the new sedan diesel engine will enhance the company's overall profitability. At the same time, the company also produces supporting products including hundreds of domestic light vehicles, agricultural vehicles, wagons and construction machinery vehicles, which have long dominated the industry. The company's involvement in the field of light trucks and agricultural vehicles will realize the extension of the company's industrial chain, allowing the company's main business to leap onto a new development platform, and at the same time, it will help to disperse the risk of the company's production of a single diesel engine, enabling the company to interact with each other in the two main industries. With support, we will increase our competitive advantage and industry level, enhance our overall strength, and provide companies with new profit growth points. The company has established a complete set of innovation system by means of cooperation between institutions, independent innovation, and cooperative development. Under the support of science and technology, the company's new product research and development and the application of new technologies have basically become one sample per year, and have become larger in the next few years. In the ten years, the company invested nearly RMB 1 billion in technical transformation funds and RMB 150 million in product development funds. It has independently developed nearly 20 diesel engine products, among which four products have been rated as national key new products, and two projects have achieved provincial and municipal scientific and technological progress. The prizes will produce good economic benefits. In the first half of last year, the company achieved the “Eleventh Five-Year Plan” with the first domestic diesel engine products 100QBZL and 4102QBZL supercharged intercooled diesel engines that met the Euro II emission standards. The company has produced 51,685 units of two types of diesel engines. The two improved products co-developed by Inner Co., Ltd. and Beijing Institute of Technology, which conform to the requirements of science and technology and environmental protection, quickly occupied the national market within two years and became the flagship product of Yunnei Power Brand.

In the first quarter of 2007, the company's performance increased by 358.55%, and its performance achieved substantial growth. The company announced in early April 2007 that it had publicly issued no more than 80 million shares. The funds raised were mainly used to invest in diesel engine expansion projects. After the project reaches production capacity, it will increase The sales revenue was 5.7 billion yuan and the new profit was 400 million yuan. In 2007, Chengdu Yunnei Power (the company's holding 71.36%) will complete the relocation of the entity, and the company will invest additional investment in Chengdu Yunnei Power. It is expected that after the Chengdu company's relocation and technological transformation project reaches production, it can realize annual sales income of more than 2 billion yuan, equivalent to 06 1.18 times the annual sales revenue. The company plans to have a production capacity of 40,000-45 million units of diesel engines during the “Eleventh Five-Year Plan” period, and the production capacity will be doubled, of which the production capacity of diesel engines for cars will reach 220,000 units/year. The agency predicts that the company’s performance will increase by more than 50% in the next three years and the midline will continue to be optimistic.

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