Fast's Key Investment Projects Receive Large Support from the Central Budget

Recently, the "Newly Increased Annual Production of 120,000 Heavy-duty Truck Transmission Industrialization Construction Project" implemented by the high-tech plant of Shaanxi Fast Group was included in the fourth batch of central budget investment plans as a national key industry revitalization and technological transformation project. Construction projects have received large sums of funding from the central government funds.

This project is in accordance with the requirements of the "Eleventh Five-Year Plan" Development Plan of Shaanxi Province on "Accelerating the Industrialization Process" and "Strengthening the Equipment Manufacturing Industry." It is selected by the Shaanxi Provincial Development and Reform Commission, the Provincial Ministry of Industry and Information Technology, the National Development and Reform Commission, and the Ministry of Industry and Information Technology. Review and finalize the key construction projects funded by the state. It is understood that after the project is completed and put into production, the manufacturing capacity of Fast will further increase, and the annual output of transmission will reach more than 1.1 million units.

In recent years, Fast has been accelerating the pace of technological transformation and capacity increase, and has invested heavily in the construction of a 54,000-square-meter and 33,000-square-meter joint production workshop at the Xi'an High-tech Plant, and has introduced domestic first-class manufacturing equipment to enable companies to The level of equipment manufacturing capacity and scale has increased significantly. According to the relevant person in charge of the Fast Company, at present, the annual production capacity of Fast's high-tech plant has accounted for more than half of the company's transmission output. After the completion of the “Newly Increased Production of 120,000 Heavy-duty Truck Transmission Industrialization Projects”, the manufacturing capacity of the Fast high-tech plant will reach a new level. The comprehensive competitiveness and development strength of the company will be further enhanced.

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