April 23, 2023, Shanghai, China, As an independent component enterprise, FAST has broken the technological blockade in the transmission field after years of dedicated research and development. Currently, it has become the world's largest production base for commercial vehicle transmissions and a supplier of high-quality automotive transmission systems.

At this year's Shanghai Auto Show, FAST showcased three intelligent series products, namely F9JZ140A, F6JZ45BY, and F16JZ32 AMT automatic transmissions and F9A350 AT hydraulic automatic transmissions. They included three hybrid systems, F12HA280-2, F8HA95M-2, and F2HD45-P, two electric drive systems, FS4E250 and FS4E200-2, new energy series products such as FS2EA480 electric drive axles, intelligent driving systems such as FZ110EH electric hydraulic steering and automotive electronics, as well as hydraulic retarders The intelligent transmission solution that integrates active safety electronic products such as Zhixing AMT, clutch, disc brake, EBS, EPB, etc. fully demonstrates FAST's strong technological research and development capabilities, strong equipment manufacturing capabilities, sharp market insight, and leading industry development advantages.

During the era of new energy technology transformation, FAST adheres to the dual technology route of pure electric and hybrid power. The output of Lanchi's new energy products ranges from 500N · m to 2400N · m, fully covering commercial vehicle fields such as light trucks, medium trucks, heavy trucks, buses, and engineering machinery. It actively lays out motors, electrical control and power supply systems, providing comprehensive solutions for the new energy market.

From January to March 2023, FAST's sales revenue increased by over 35% year-on-year, and its export earnings increased by nearly 85%.

With the gradual return of the social economy to normal and the implementation of various national economic stabilization policies, the commercial vehicle market will return to its upward path. From the perspective of annual sales, the heavy truck industry will show a recovery growth trend in 2023, with industry sales increasing by more than 20% year-on-year. To meet the challenges, FAST will adhere to focusing on product innovation, international market, and digital empowerment, and achieve high-quality development through catching up and surpassing.