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"Epidemic" line to find opportunities, Wucheng enterprises towards the development of a new "spring"

Since the outbreak of the "4.15" epidemic, many enterprises in Wucheng have pressed the "pause button". For the wheel manufacturer Jinfei, this period of time is not idle, but the use of the epidemic "empty window period" to recuperate, accumulate strength, with a more active and enterprising market strategy "epidemic" line to seek opportunities, take the initiative, turn the crisis into an opportunity, and strive to move towards the "spring" of high-quality development.

"Epidemic" line to find opportunities, Wucheng enterprises towards the development of a new "spring"

On April 26, Jinfei released its 2021 annual report, the company achieved operating income of 3.955 billion yuan, an increase of 841 million yuan year-on-year, an increase of 26.99%; in terms of production and marketing, the company produced and sold a total of 16.28 million wheels and 15.9001 million wheels throughout the year, an increase of 12.42% and 7.29% year-on-year. Specifically, The domestic market of Jinfei achieved sales revenue of 2.250 billion yuan, an increase of 18.11% year-on-year; foreign markets achieved sales revenue of 1.705 billion yuan, an increase of 40.98% year-on-year, and the growth rate of domestic and foreign markets reached a new high.

This year, the company achieved operating income of 874 million yuan in the first quarter, an increase of 5.46% over the same period last year. Not long ago, Jinfei was also identified as the "specialized special new" enterprise in Zhejiang Province in 2021, and ranked 78th in the innovation ability of high-tech enterprises in Zhejiang Province; the Feiyang intelligent manufacturing platform intelligent manufacturing ferrular factory was rated as the "future factory" in Zhejiang Province; successfully entered the BAIC off-road vehicle system and got 2 new products; actively explored the joint venture brand market, completed the Dongfeng Yueda Kia sample and passed the test, and obtained the OTS report of SAIC Volkswagen's new products... The good news is coming.

"Epidemic" line to find opportunities, Wucheng enterprises towards the development of a new "spring"

As the head enterprise of aluminum wheel manufacturing, Jinfei covers the fields of automotive aluminum alloy wheels, motorcycle aluminum alloy wheels, electric bicycle wheels and intermediate alloys, and its production scale and product quality are in the first echelon in China. With the proposal of the national "double carbon" strategy, the requirements for automobile energy conservation and consumption reduction continue to increase, safety and environmental protection regulations are becoming more mature, and the requirements for automobile lightweight are more urgent.

At the same time, the new energy automobile industry has also entered the fast lane of development, and electric vehicles using lightweight technology can also greatly reduce carbon emissions, reduce battery costs and vehicle costs, and enhance endurance. Therefore, in the auto parts industry, the selection of lightweight aluminum alloys and other materials, "aluminum instead of steel, aluminum instead of iron" and advanced casting molding technology have become the primary technology and process way to achieve product lightweight.

"Epidemic" line to find opportunities, Wucheng enterprises towards the development of a new "spring"

To this end, the company actively carried out the research and development project of "aluminum alloy wheel products based on casting spinning molding technology", and undertook the key research and development project of Zhejiang Province in 2020 - "R&D and application of flexible processing production line for lightweight and high-strength automobile wheels". The company's casting spinning aluminum alloy wheel technology is mature, compared with traditional products, the overall mechanical performance of the product is improved by 10%, the product weight reduction is about 5 to 10%, and the mileage can be effectively improved by 3 to 5% for new energy vehicles.

Jinfei has strong design and development capabilities, with thousands of wheel products with different appearance shapes, from digital design to intelligent production, and gradually formed a future factory model characterized by "personalized customization" and flexible intelligent production. This year, Jinfei has established stable cooperation with BAIC New Energy, Zero Run Automobile, Jiangling New Energy Vehicle, Changan New Energy, Great Wall New Energy, geely New Energy, and successfully obtained new products of Great Wall Motor's new energy system, and passed the evaluation of Hechuang Automobile's new energy system.

"Epidemic" line to find opportunities, Wucheng enterprises towards the development of a new "spring"

In terms of motorcycle wheels, Jinfei is matched with international and domestic mainstream motorcycle brands, including global brands Honda, Suzuki, Yamaha, Indian brands HERO, Bajaj, etc., as well as domestic Yangtze River, Qianjiang, Wuyang Honda, Chunfeng, etc. At the same time, the company actively explores the market and provides electric bicycle wheel support for Aima, Yadi, Luyuan and other first-line automakers.

"The epidemic has pressed the 'pause button' on the production and operation of enterprises, but objectively it also provides a good time for Taoguang to cultivate obscurity and cultivate internal skills." Ge Bingzao, head of the company, introduced that the company will continue to supplement the chain around the existing investment layout this year, drive management transformation with digital reform, and actively explore domestic and foreign markets while steadily upgrading its own brands. This morning, with the adjustment of the "three districts" of epidemic prevention and control, the employees of Jinfei Intelligent Manufacturing Ferrug Co., Ltd., which is located in the Feiyang intelligent manufacturing platform, basically arrived at their posts, restarted production in major workshops, and pressed the "fast-forward button" for resuming work and production.

Rong Media Reporter: Fu Weiyan

Editor: Fan Zhuozheng Review: Wang Sheng Producer: Li Yingchang

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