On July 1, Wang Kai, secretary of the CPC Yulin Municipal Committee and Feng Xiangying, member of the Standing Committee of the CPC Yulin Municipal Committee and vice mayor of Yulin City, led a delegation to Yuchai Heavy Industry Company Limited (YHI) to find out its actualities and resolve problems for YHI's breakthrough and development.

Wang Kai (2nd R, front) surveys YHI

During the survey, Yan reported YHI's confidence in and strategy of coping with difficulties to the delegation. He said, with the attention and support of the Party committees and governments of Guangxi Zhuang Autonomous Region and Yulin City, YHI has built the foundation for getting out of predicament: the syndicate has been established, distributor and supplier channels have been stable, inventory digestion has progressed smoothly, all have been set for production recovery, and the quality of mini excavators has been stable. In the first half of this year, YHI faced up to difficulties, withstood pressure and resolved crises wholeheartedly, thus achieving a decisive victory. Particularly, in the first quarter of this year, in the context of market recovery, YHI seized the opportunity, digested its inventory by all means and smoothed marketing channels, thus building the confidence of its staff and partners.

Also, Yan introduced YHI's current difficulties and work idea for the next period, hoping that the municipal committee and government will continue to pay attention to YHI and support its development.

Wang said he saw the confidence and determination of Yuchai Group to lead YHI in getting out of predicament and making a breakthrough. He noted that Yuchai Group and YHI should adhere to the principle of "contraction, exploration and adjustment", focus on adjustment, combine adjustment with innovation, earnestly study and work out a marketing mode suiting YHI, and try its best to develop overseas markets and new markets.

YHI's difficulties are temporary, it will sustain the difficulties and develop healthily in the future, said Wang, encouraging Yuchai Group and YHI to intensify risk prevention and control construction and enhance corporate core competitiveness, thus accomplishing steady development.

(Wen Zhenghua)