April 19, 2024

"The Former King of the Bridge" in the "Grand Slam" Yihe Development and Transformation of Axle Bridge


Chen Zhongyi, who likes to run the workshop, has run more recently.

During this period, Zhucheng Yihe Vehicle Axle Co., Ltd. (hereinafter referred to as “Yihe Axle”) is planning to build three medium and heavy axle production lines. As chairman and general manager of the company, Chen Zhongyi has more frequent production and construction lines. Engineering and technical personnel communicate, listen to their opinions, and find and solve problems at the site.

According to him, the new line will be put into operation in December of this year. The Yihei Axle will not only achieve a production capacity of more than 1.5 million units, which will effectively ease the production of 450,000 units in the first half of this year but will not meet demand, and the product structure will undergo new changes. The number of heavy axles and market share will increase significantly. This means that Yihe Bridge, which is famous for supplying light axles and front axles, is on the path to diversification and multipole development.

â–  Three transformations make an amazing turn

The most frequently mentioned words by Chen Zhongyi are that “all market-oriented and “development” are the hard truths. Throughout the 15-year development track of Yihei Bridge, the biggest feature is to keep up with the market and focus on customers. Through continuous self-improvement to adapt to the market development situation and improve product competitiveness. During the interview, there were three changes in the Yihe car bridge that caught the attention of reporters.

The first change is the product structure adjustment. In recent years, the continued growth in production and sales of light trucks has driven the rapid development of light axles. Yihe Auto Bridge has seized the opportunity to achieve a market share of nearly 50% in the light axle market. In tandem with the development of the commercial vehicle market, especially the rise of the heavy truck market, medium-heavy axles have received attention from axle companies. Yihe Axle Co., Ltd. successfully produced a series of heavy-duty axles through the combination of introduction, independent development and cooperative development. It was applied to medium- and heavy-duty trucks manufactured by Futian Auman, China National Heavy Duty Truck, Dongfeng Commercial Vehicle and Shaanxi Auto. At the same time, Yihe Axle consolidates its huge advantage in the front axle market of commercial vehicles, and develops vans and pickup truck axles to rapidly step into the passenger car axle area. The product structure can be summed up as being light, heavy, business, and complementary.

The second change is the change of growth mode from scale expansion to intensive. Chen Zhongyi told reporters that in 2005 the company implemented a “large-scale, small-accounting management model” that broke down the company’s production and operations into several independent and closely linked units, and highlighted advanced technology and scientific management in corporate operations. If the previous development is to expand the market following the rhythm of the market, then this kind of intensive growth will promote the Yihe Automobile Bridge to become stronger and provide guarantee for the successful transformation and long-term development of Yihei.

The third shift is the shift in market layout. In 2008, Yihe Axle invested 100 million yuan and newly set up more than 100 sets of equipment in Changsha to become the company's main production base in the area south of the Yangtze River. This move not only provides effective supporting support for the OEMs in Changsha, but also echoes with the northern markets. In the international market, the guiding ideology of Yihe Axle is to “realize.” It is learned that the company has developed an air suspension axle system with independent intellectual property rights in cooperation with the British company Granite to develop in-depth development in the field of axles and direct Helps promote the pace of its internationalization strategy.

â–  Two features help boost development

On the desk of Chen Zhongyi, there are several “cases highlighting each process in which Yihei Bridge discovered problems and solved problems in production, management, and other aspects. Chen Zhongyi considered Jumbo, because this is the Yihe people in their daily operations. Living examples embodies the wisdom of Yihe people thinking and progressing. Wang Guitong, deputy secretary of the Party Committee of Yihe Bridge, told reporters: “Chen always applies Harvard University case teaching ideas to business management. The typical case we discovered on weekdays was from the parties. Record the course of events, summarize lessons learned, and communicate them to all employees to deepen their understanding and absorption. Case-based management is a major feature of Yihe Bridge, reflecting the company culture of Yihe Cheqiao is good at learning and strict management.

Another feature of Yihe Axle is the unique concept of employment. During the interview, the reporter heard many interesting things at Yihe Cheqiao: Qualified employees must “filial piety first, cadre assessment must focus on examining family responsibility, encourage and fund employees to go out to start their own businesses, and open their doors to resign employees. Listening to these stories, the journalists are very respectful of this company. “I believe that only by truly respecting people in all aspects can we realize long-term and harmonious development of our company. Chen Zhongyi said.
â–  A goal for a firm future

In an interview, Chen Zhongyi stated that Zhucheng Yihe Cheqiao expects to realize sales revenue of more than RMB 2 billion this year. The long-term goal is to continue to grow bigger and stronger, improve the product structure, improve the business management level and profitability, and become the domestic axle industry. The leading companies provide basic guarantees for the development of the automotive industry.

This goal inspires the employees of Yihe Cheqiao to have an intense and orderly production scene in the workshop. “In Yihe, the personal goals of employees are consistent with the direction of corporate development. We are working together to achieve this. Chen Zhongyi said: “Our company will adhere to a steady development path. The soundness of Yihe Axle is reflected not only in the long-term self-accumulation, self-owned funds, and rolling development models, but also in the improvement of corporate creditworthiness through honesty and trustworthiness, and enhanced market protection through adjustment of capital structure, product structure, and market structure. The ability of risk is reflected in the performance of the company's development. From the former king of the bridge to the all-round type Grand Slam.


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