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October 16, 2025

Tang Junchang Research at Fast Group

On the afternoon of April 10, Tang Junchang, Secretary of the Baoji Municipal Party Committee, visited the Fast Group along with Tian Yanhu, a member of the Standing Committee of the Municipal Party Committee and head of the Disciplinary Committee. The visit included officials from various municipal departments who conducted an in-depth inspection of the company’s operations. During the visit, Tang emphasized that supporting large enterprises and major projects should be a top priority for local governments, aligned with the city's "four firsts" principle and its goal of achieving "five major breakthroughs." He called for proactive efforts to address challenges faced by businesses during their reform and development, turning large enterprises into strong pillars amid the financial crisis and driving sustainable growth to meet the city's annual economic targets. Fast Company is a leading player in China’s heavy-duty automotive industry, particularly in gear and transmission manufacturing. It is also one of the key enterprises under the city’s “Billion-Yuan Large Enterprise Group” initiative. Despite the global financial crisis, the company has continued to invest in technological innovation and expand its market presence. In 2008, the company achieved a partial output value of 3.035 billion yuan. In March of this year, driven by increased domestic demand, the company sold over 60,000 units of gearboxes, marking a record high in sales. During the visit, Tang Junchang met with employees and conducted on-site inspections to gain a detailed understanding of the company’s production, operations, and staff welfare. He also addressed several issues related to factory relocation, logistics site planning, power expansion, and natural gas infrastructure projects, coordinating solutions with relevant departments. After hearing reports from the company’s leadership, Tang stressed that supporting large enterprises is a crucial strategy for building a strong industrial city and creating billion-yuan enterprises. This effort is vital for the city’s long-term development and requires unified thinking and active support from all levels of government. He urged officials to prioritize enterprise development in decision-making and ensure efficient implementation of policies, while offering quality services and a favorable business environment to accelerate the company’s growth. Tang also highlighted the importance of using science, strategic vision, and a forward-thinking approach to navigate the crisis. He encouraged Fast Group to leverage the current situation as an opportunity to optimize its industrial structure, upgrade technology, attract talent, and build confidence. The company was urged to maintain stability, secure its market share, and ensure continuous growth. He expressed hope that the company would continue to invest more in Baoji, expand its operations, and play a leading role in developing a group of 10-billion-yuan enterprises, contributing significantly to the city’s technological innovation and the construction of an innovative city. Tian Yanhu also provided specific instructions during the on-site meeting, emphasizing the need to improve work style, optimize the service environment, and implement decisions effectively. City leaders Cai Yuanxing, Yu Linle, Yuan Junxiao, and officials from Chencang District and Daishan County were present during the survey. Related topics: Fast: Heavy-duty transmission production and sales worldwide.

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