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Wanliyang’s main products are commercial vehicle transmission products such as light truck transmissions, medium-cassette transmissions, heavy truck transmissions and passenger car transmissions, and are mainly used to provide support for domestic large-scale automobile plants such as Foton Motor (which accounts for close to 60% of operating revenue), Dongfeng Automobile and Jianghuai Automobile. . In the Chinese card transmission market accounted for 72% of the market share.
Heavy truck transmission is the main attraction. At present, Wanliyang’s production focus is gradually tilting towards the heavy-duty truck transmission. In the first half of this year, heavy-duty truck transmission revenue has increased by more than 5 times year-on-year, and will scale in 2011. Heavy-duty truck transmissions are key spare parts for complete vehicles and have long been monopolized by the industry leader Faith. Beiqi Futian has no direct commercial vehicle transmission manufacturing company and has a long-term close strategic cooperation relationship with Wanliyang Company. It urgently needs to cultivate the company as an important heavy truck transmission supplier.
The high self-restraint rate of parts brings cost advantages. The main components of the transmission include the housing, pinion (gear and shaft) and synchronizer. The cost of the above three components accounts for more than 60% of the total cost of the transmission. At present, among the manufacturers of commercial vehicle transmissions in China, there are widespread outsourcing of the three major components. Some large and medium-sized commercial vehicle transmission manufacturers can only solve the self-control of some of their parts and components, relying mainly on outsourcing. The self-preparation rate of the three major parts of Wanliyang is very high: the self-preparation rate of the housing, pinion and synchronizer exceeds 90%.
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