Number one: Annual output hits a new high
In 2009, Chaochai Company organized production scientifically and broke through the bottleneck of production capacity. It produced a total of 188,611 engines, a year-on-year increase of 37%, setting a record high. In particular, in September 2009, 21,704 diesel engines were produced, creating a record high for the company's monthly production.
Number two: annual sales hit a record high
In 2009, Chaochai Co., Ltd. overcame various adverse influences and seized opportunities, and sold a total of 180,799 engines, an increase of 30% year-on-year, setting a record high. In particular, in September 2009, 22,668 diesel engines were sold, setting a new high for the company's single-month sales.
Number three: annual sales revenue exceeds 2 billion yuan
In 2009, Chaochai was expected to realize sales revenue of 2.13 billion yuan, a year-on-year increase of 18.6%, which fulfilled the DPRK people’s dream of breaking the 2 billion yuan mark for many years.
Number four: annual export volume is better than industry decline
In 2009, affected by the global financial crisis, Chaochao Diesel Engine Co., Ltd. has achieved a total of more than 7,082 diesel engines for export. Although it has dropped by 42% year-on-year, it is overall better than the 55% decline in the domestic auto industry.
Number Five: Significantly Reduced Comprehensive Casting Rate of Castings
In 2009, the Foundry No. 1 Plant began with the establishment of a key quality project group. While consolidating the quality of old product castings, it also paid close attention to the quality of new product castings and ushered in a major leap forward in the quality of castings. In 2009, the overall casting rejection rate decreased by 14.79% year-on-year, which contributed to the company's operating performance improvement.
Number 6: The average annual income of employees on the job has steadily increased
Since the division in 2002, the company has overcome the impact of increasingly intense competition, price increases of raw and auxiliary materials, diesel engine prices, financial crisis, and other unfavorable factors. While the company has achieved steady development, the average annual income per employee has also improved steadily. In particular, employees are given more tilt in terms of benefits. For timely and full payment of “five insurances and one payment†for employees, from 2008, the proportion of housing accumulation fund deposits will increase from 7% to 11%, which greatly benefits employees.
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