In 2007, the Xi'an High-tech Zone Management Committee launched an initiative to support and cultivate leading enterprises within the zone. The program, known as the "515" initiative, aimed to focus on five companies with annual revenues exceeding 10 billion yuan, ten companies with over 5 billion yuan, and fifty companies with more than 1 billion yuan in revenue between 2007 and 2010. Among these, the Xi'an Gaoxin Plant of Fast Industrial Group—later known as Xi'an Fast Automotive Transmission Co., Ltd.—was recognized for its strong production scale and significant developmental advantages.
Since its establishment in 2004 within the Xi'an High-tech Industrial Development Zone, Fast has continuously accelerated infrastructure development and technological upgrades, significantly boosting its production capacity. The company has grown rapidly, becoming a key player in the region's industrial landscape.
Currently, the Xi'an High-tech Plant of Fast has an annual production capacity of 120,000 heavy-duty vehicle transmissions and 30,000 medium-sized automobile transmissions. In 2007, the company achieved sales revenue exceeding 1 billion yuan, marking its emergence as a major growth driver in the Xi'an High-tech Zone. Its success reflects not only its operational efficiency but also its strategic positioning within the broader automotive industry.
As the company continues to expand, it remains committed to innovation and quality, further strengthening its reputation as a leading manufacturer in the field of transmission systems.
For more information: Fast: Heavy-duty transmission production and sales worldwide.
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