In 2011, under the pressure of a global economic downturn, the appreciation of the renminbi exchange rate and the rise in prices of domestic raw materials, Changchai still overcame many difficulties and achieved a tremendous breakthrough in its foreign trade export business. According to incomplete statistics, Changchai's products were self-supporting in 2011. The export sales volume and self-export export earnings both set a new record for Changchai's history.
Changchai exported more than 130,000 units of diesel engines and units, an increase of 24.6% year-on-year; foreign exchange earned more than 47 million US dollars, an increase of nearly 30% year-on-year. Among them, the export of parts increased by nearly 40% year-on-year; the export of castings increased by more than 60% year-on-year. What is particularly gratifying is that the EV80 generating sets, which Changchai focuses on, have also been exported in batches, and more than 300 gasoline engines developed by Changchai are also exported.
Over the past year, Changchai has made full use of its brand advantages and expanded its traditional market. At the same time, Changzhou has adjusted its product structure, instigated new market growth points, gradually improved its business capabilities and service quality, and wholeheartedly created value for its customers. Win-win situation.
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