On February 26, 2011, CNHTC Jinan Commercial Vehicle Company held its 2011 annual working meeting, again emphasizing the need to intensify the international standard of expanding the vehicle business of commercial vehicle companies.

Yan Wenjun, general manager of CNHTC Jinan Commercial Vehicle, made an annual work report titled “Practical Innovation, Seek for Success, Strive for Success, Strive to Compete, and Develop a New Vehicle for Better and Faster Development.” Leaders of the company and deputy supervisors from various departments attended the meeting.

The report reviewed and summarized the overall work of CNHTC Jinan Commercial Vehicle Company in 2010. 2010 was an extraordinary year in the development history of Jinan Commercial Vehicle Company. The company's TGA project was fully launched, and it is necessary to successfully complete the production and operation indicators, but also actively The implementation of localization has resulted in arduous work and heavy responsibilities. In the face of new situations and new tasks, the company put forward the working principle of "international standards, heavy-duty steam speed, and development and expansion of the entire vehicle business of commercial vehicle companies in a good and fast manner" at the beginning of the year, and all cadres and employees are standing at a new height of development. Targeting first-class work goals, blazing new trails, uniting hard work, solid work, and dare to be the first person to compete as the new leader of the group company, fully fulfilled all production and business tasks assigned by the group company.

The production and sales of complete vehicles set a new record. A total of 34,777 vehicles were put into storage, and 105% of the guaranteed indicators for the year were completed, a year-on-year increase of 62%; the total profit amounted to 270 million yuan, and 221% of the annual guaranteed indicators were achieved. 6 times of the year. The company's economic benefits have achieved major breakthroughs, the quality of corporate operations has undergone a qualitative leap, management levels and competitiveness have been fully upgraded, and have become an important pillar of the Group's vehicle production and profit growth.

Currently, CNHTC Jinan Commercial Vehicle Company is facing some challenges. First, the quality and technology level needs further improvement. The development goal of the 12th Five-Year Plan we have determined is that the heavy truck products must reach the advanced level in the world, and other products enter the domestic first-rate level. The improvement of the quality level is the biggest challenge in achieving the 12th Five-Year Plan. The second is that the overall management level needs to be improved. Third, the quality of personnel, especially the construction of cadres, needs to be further strengthened. The fourth is the rise of pride and complacency. Although these problems are problems in development, if we do not attach importance to or take seriously, it will affect the quality of our development, affect our development speed, and affect our development benefits.

In the face of challenges, Jinan Commercial Vehicle Co., Ltd. needs to strengthen management and strictly control quality. Yan Wenjun put forward seven priorities for 2011: First, to implement a 12-second project and comprehensively increase the level of production organization. Second, take strong measures to promote product quality to achieve a leap forward. Third, continue to do a good job in the localization of the TGA project. Fourth, continue to implement lean management and comprehensively improve the management level. Fifth, continue to strengthen financial management, improve corporate profitability. 6. Continuously promote the construction of a risk prevention system to ensure the healthy and sustainable development of the company. VII. Intensify the activities of pioneering competitions and further strengthen the workforce and corporate culture.

2011 is the first year of the company's "Twelfth Five-Year Plan". It is a year of improving quality and strengthening management. It is also a key year for implementing the TGA project. The Jinan Commercial Vehicle Company shall be guided by the overall development spirit of the group company, adhere to the scientific development concept, adhere to the working principle of “international standards, heavy-duty steam speed, and develop and expand the vehicle business of the commercial vehicle company in a good and fast manner”, and adhere to the Improve quality and improve efficiency in a prominent position, and strive to strengthen internal management, improve the quality level, enhance the company's core competitiveness, and concentrate on doing a good job of TGA project construction to lay a solid foundation for achieving the development goals of the Twelfth Five-Year Plan.

The conference also made a financial work report titled “Scientific Management Enhancing Effectiveness, Excavating Potentials, Innovating, and Working Out to Realize Various Business Objectives for 2011”.

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