May 07, 2024

Yuchai Chairman Luan Pingrong Honored as "Outstanding Business Leader in Asia"

On October 30, 2010, the 2010 Asian Economic Cooperation Forum was grandly opened in the Beijing National Committee of the Chinese People's Political Consultative Conference. The theme of the forum was “Asia's Regional Economic Cooperation and Resource Sharing in the Context of Globalization”. Leaders of entrepreneurs and chambers of commerce from all over China and Japan More than 300 entrepreneur representatives and leaders of chambers of commerce in Korea, Singapore, Malaysia, Maldives, Hong Kong, Macau, Taiwan, Europe and the United States and other countries and regions attended the forum. Chairman of the Board of Directors of Yuchai Group Yan Ping won the "Outstanding Asian Business Leaders" honorary title, Yuchai Group to become Asia Economic Cooperation Forum governing units.

Yuchai, Chairman of the Board, Junping Rong, Asia's Outstanding Business Leader
Yuchai Chairman Luan Pingrong Honored as "Outstanding Business Leader in Asia"

Yuchai became a member of the Asia Economic Cooperation Forum
Yuchai became a member of the Asia Economic Cooperation Forum

Yan Ping in May 2005 to serve Yuchai since, led by Yuchai builders strive hard to achieve contrarian growth in the financial crisis, causing the industry to create a stunning "Yuchai phenomenon", the group formed a Yuchai engine, engineering The six major segments of machinery, logistics, automobile and auto parts, energy and chemical industry, and special-purpose vehicles have increased their sales revenue from 10.6 billion yuan in 2004 to 27.1 billion yuan in 2009. They have maintained high-speed development for five consecutive years; diesel engine production and sales have grown from 2004. The 218 thousand units rose to 671,000 units in 2009 and remained the industry's first for five consecutive years. After the financial crisis, the development of Yuchai was widely concerned by the industry and the media. From January to September 2010, Yuchai Group achieved sales revenue of 27.644 billion yuan, an increase of 39.14% over the same period of last year, and sold 579,600 engines, an increase of 9.99% year-on-year. In the Top 500 Chinese Enterprises 2010 rankings, Yuchai Group ranked 227th, an increase of 38 places from the 2009 rankings, and it has become one of the top 100 companies with the fastest growth in the top 500 Chinese enterprises in 2010. Yuchai's brand value exceeds 8 billion yuan, ranking 109th in 2010 China's most valuable brand rankings.

At the forum, participating experts believed that after the global financial crisis, Asia is playing an increasingly important role in global politics, economy, diplomacy, and climate change. APEC organizes active participation of Asian countries, ASEAN Free Trade Organization, Northeast China. The Asia-Pacific Economic and Trade Cooperation, China-Japan-ROK cooperation, the establishment of close economic and trade relations between Taiwan, Hong Kong, Macao and the Mainland and other regions are playing an increasingly important role. A new economic pattern in Asia is "global resource sharing and regional cooperation for a win-win situation." Is forming. The stable growth of the Chinese economy in the past two years has played an important engine role in the recovery of the global financial crisis. It has not only enhanced China’s international political and economic status and discourse power in international affairs, but also contributed to the stability and development of the world economy. To an increasingly important role.

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