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Yuchai Machinery Group Company Limited, Vice President Zhang Shiyong: Thoughts on the financial crisis we face a double task, one recent mission, is how the West does not shine Dongfang Liang. The second is long-term task, and how these companies from the manufacturing center of heavy industry to the innovation center, control center from a cost center to value creation strategy, built with independent intellectual property of the innovation system, the recent corporate mission is to solve the problem of existence, far The task of how to set up industries and capital mixed physical problems, the task proposed, we have a concrete implementation steps, we developed two major steps: a rapid increase investment. The second is to build a complete business model or business form, to resolve what to invest heavily in rapid increase, we propose the construction machinery in China, especially in neutral construction machinery manufacturers must use the speed of Sprint long distance running. This year, the company in product quality, including product R & D has made a series of breakthroughs in the basic business strategy is based on cooperation forward, the initial formation of business breakthrough. Fast is also reflected in the second aspect, that is, differences in marketing services with the market, how the environment in a market contrarian corners overtaking, we use words, it is "to create the scale of" the market is created, Under the guidance of this thinking, we share in the Chinese market this year, up 4 percentage points, while the implementation of a differentiated market after the nanny-style services, the quality of this so we nipped in the bud during the period. Investing heavily in the second, in 2009 and 2010 was the peak of our investment, if the calculation of static investment, we will reach 10 billion investment by the company to further reduce operating costs, while meeting the long-term business development needs. Back to the third part of my speech, is a breakthrough in the capital markets and regional sharing, talking about this subject, I would like to share with business strategy, from 2009 to the implementation of the strategy to start out Yuchai second base and third base construction, preliminary layout completed the industry at home and abroad in 2015, we hope that our affiliated companies also came in, Yuchai is to establish a series of trade models, not rash, not blindly. Yuchai Group, the investment by such a large number of merchants, are looking for, the first now actively planning the company's overall overseas listing, expected in mid-2010 to achieve this goal is the realization of capital market Yuchai Group The first step is Yuchai Group, the investment and financing strategies to achieve the goal of the first step, with the opening of the market, financing channels open development will enter the fast lane, Yuchai information technology consulting services in information seeking is more of desire to cooperate strong demand for more widespread. The second we are actively accelerate internationalization strategy that we call higher domestic firms, with more than 30 countries we have established agency relationship, with the expanding overseas markets. At present, the Group's major markets are overseas, so explore how to promote regional economic cooperation work. Patterns of cooperation in the service above, we do not rule out the OEM of the way through the search for our brand out of a foothold in Southeast Asia. I am an expert from steelslittingline.com, while we provides the quality product, such as slitters machine , sheet slitters, slitter,and more.
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