Dongfeng Components Sales Revenue of RMB 1.3 Billion in the First Two Months

According to the statistics of the operating express report of Dongfeng Automotive Components (Group) Co., Ltd. (hereinafter referred to as Dongfeng Components), Dongfeng Parts and Components Co., Ltd. achieved sales revenue of 1.3 billion yuan in the first two months of this year, a year-on-year increase of 237%, a record high; Improvement, profitability continued to improve.

In January and February of this year, the sales revenue of Dongfeng's internal market increased by 852.47% year-on-year, and the external market increased by 148.81% year-on-year. In January, the sales revenue of the commercial vehicle market increased by 598.66% year-on-year, the passenger car market increased by 183.25% year-on-year, and the export market increased by 81.08% year-on-year.

Facing the gratifying situation at the start of the new company, Weng Yunzhong, general manager of Dongfeng Components, believes that the rapid growth in operating results is mainly due to the pulling of Dongfeng Commercial Vehicle Co., Ltd., and Shenlong Co., etc., and the new company’s strategic initiatives are beginning to develop and manage. The effect of improvement has gradually emerged, which has enabled the company's profitability, management level and production efficiency to increase steadily. Regarding the market situation in the second half of the year, Weng Yunzhong stated that he must be cautious. He said that the trend of the market before this year is high and low, and there are significant changes in the second half of the operating results, which may affect the company's subsequent profitability. Dongfeng Parts must always enhance its sense of responsibility and urgency, seize market opportunities, consolidate its management foundation, optimize resource allocation, and enhance its core competencies so as to lay a solid foundation for the sustainable development of Dongfeng Components.

It is reported that Dongfeng components are now firmly centered on the operating principle of “market-centered, quality-based, structure-adjusted, strength-enhanced, and foundation-strengthening”, followed by the pace of development of the entire vehicle, and do everything possible to create conditions to enhance market resilience. In the face of difficulties such as insufficient production capacity, labor shortage, shortage of cash, and lack of electricity, Dongfeng Components' affiliated units actively took measures such as overtime, delay, indirect personnel support, college students’ posts, outsourcing, and peak load-filling measures. Production, to meet the needs of customers.

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