Jichai’s revenue up by 21% y/y from January to April this year. In this year's business objectives, Jichai puts forward 40% production increase, reaches1.8 billion yuan(＄264 million). And Jichai which focuses on oil business has turned to other field, and its social market shares account for 70% of total revenue.

Currently more than 30 units dual-fuel engines are used in Sugeli, oil and   gas replacement rate reaches 70％

In recent years, Jichai adheres to the principle of “Do something and give up something”, makes full use of social resources .In the end of 1990's, 80% of the parts and components were produced by Jichai itself, now, however, only body, crankshaft and other core products were produced by Jichail, other 80% were produced by social enterprises, 20% of products achieve 60% of value. In 2001, per capita annual production is only a dozens of thousand RMB, now it is more than 600,000 yuan(＄87,977), increases 10 times.

Jichai 140 high-speed, 190 medium-high speed, 260 medium-speed products

The rapid development of Jichai has astonished all, its output value increases from 2 billion yuan(＄293 million) to 1.3 billion yuan (＄191 million)in just 7 years. Now, Jichai launches” One hundred Jichail, tens of billions of the output value”, expecting to achieve 10 billion RMB in 2015.

Source : english.chinabuses.com

Editor : Grant

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Tags: Jichai Great-leap-forward Development