JAC's passion for independent brands has driven the company to invest heavily in R&D technology. Zuo Yan'an deeply understands that if core technologies are controlled by foreign capital, the national brand will eventually lose its competitive edge and glory. This awareness has shaped JAC’s long-term strategy of focusing on innovation and self-reliance.
According to a report, among the 15 major automotive groups, only Jianghuai Automobile maintained profit growth. As the chairman of the National People's Congress and representative of JAC, Zuo Yan'an shared insights with the *Financial Times*, explaining how the company navigates through market fluctuations and maintains its financial stability.
In Zuo's view, JAC's product lineup is distinct, with a strong focus on commercial vehicles. While passenger car prices have declined due to rising raw material costs, the company has managed to maintain profitability through efficient operations and strategic pricing.
This year, JAC's truck output reached around 100,000 units, marking a significant increase compared to previous years. Despite the competitive environment, JAC trucks have not seen a drop in profits—on the contrary, the growing volume has led to higher overall earnings. This success stems from JAC's long-standing business philosophy of prioritizing quality and efficiency.
Looking ahead, JAC remains committed to expanding its presence in the heavy truck market. The company has already made strides in developing its own heavy truck model, "Geerfa," which was launched with great ambition. However, the market is highly competitive, with established players like FAW, Dongfeng, and Shaanxi Auto dominating the industry. International brands such as Renault, Isuzu, and General Motors are also entering the Chinese market, making it even more challenging for JAC to gain a foothold.
Despite these challenges, JAC remains confident. Zuo Yan'an believes that as long as the core business performs well, securing funding is manageable. The company's strong financial position and successful stock listing provide solid support for future investments, especially in the heavy truck segment.
Additionally, JAC's Ruifeng Commercial Vehicle division saw sales of approximately 34,000 units this year. Although sales dipped initially, cost control outpaced price reductions, allowing per-unit profit to remain stable. Total sales increased by about 10,000 units, resulting in higher overall profits.
Today, JAC emphasizes the importance of independent brands at all levels of the organization. Zuo Yan'an highlights the company's efforts to collaborate with international partners, particularly in Austria, to enhance R&D capabilities. He notes that while building an independent brand is difficult, JAC has the resources and determination to succeed.
The new "Geerfa" heavy truck represents JAC's commitment to innovation and self-reliance. It is a completely independently developed product, reflecting the company's vision of creating world-class vehicles. JAC has invested heavily in advanced manufacturing equipment, such as a 6,000-ton frame press, which ensures high-quality production of heavy truck frames.
Moreover, JAC has established a specialized refitting plant in Wuzhou, Anhui, to support the production of customized heavy trucks. This facility plays a crucial role in enhancing the performance and versatility of JAC's heavy truck models.
Zuo Yan'an advocates a global approach to innovation, combining international experience with local expertise to drive continuous improvement. The launch of the new "Geerfa" has set a new standard in China's heavy truck market, breaking away from the long-standing reliance on foreign platforms and bringing domestic products closer to global standards.
Zuo Yan'an, Chairman of Anhui Jianghuai Automobile Group Co., Ltd., has been a key figure in the company's development since joining in 1968. He currently serves as a member of the National People's Congress, vice chairman of the Anhui Society of Automotive Engineers, and adjunct professor at Tianjin University. His leadership has earned him recognition as a National Model Worker and recipient of numerous honors for his contributions to the automotive industry.
JAC's journey reflects a deep commitment to innovation, independence, and quality. As it continues to expand into new markets, the company remains focused on building a strong, sustainable future for its brands.
We are a mold factory with over 20 years of experience. Our products are stable, corrosion-resistant, and very durable, and can be precision processed according to customized requirements.
Special Graphite,Graphite Block,Graphite Tube,Graphite Seal Rings
Yixing Xingfeng Carbide Mould Co.,LTD , https://www.xfcarbidemould.com