Yuchai Chairman of the Board of Directors Yu Ping: Earlier Swords for Outdated Production Capacity
“In many places, some production capacity “investments every year, annual losses.†It is recommended that the central level to lead the industrial transformation and upgrading, eliminate backward production capacity, and 'should not be too late', 'early move' is better than 'late move', the more The early “Sword of Light†became more active.†Representative Yu Ping of the board of directors of Guangxi Yuchai Machinery Group Co., Ltd. spoke through the interview and went straight to the topic. China's traditional manufacturing industries such as steel, metallurgy, cement, glass and other industries do have serious problems with excess capacity. Fuping believes that many backward production capacities are due to the government's promotion. Considering that these industries involve GDP, employment, etc., local governments are aware of the company's backward production capacity and annual losses, or they will invest in financial support, leading to a vicious circle, government funds The waste is serious and the market value of the company is shrinking. "The elimination of backward production capacity will lead to more loss and waste as soon as we start to lose money. It will be difficult for the industry to think about transformation and upgrading until the product completely loses its competitiveness." Eliminating outdated production capacity depends on the exploration and practice of the enterprise, and it also requires national norms and guidance. Luan Ping suggested that when promoting the transformation and upgrading of the industry, the state must put the backward production capacity out of the first place, make clear requirements, and put forward the plan for reversed flow in a step-by-step manner. On this basis, the tasks of transformation and upgrading were distributed to all provinces and regions, and the indicators of “eliminating†and “transforming†were stipulated, and local governments were required to take the initiative of “reinforcement of the strong†and take the initiative in industrial transformation and upgrading. "The elimination of backward production capacity is both 'subtraction' and 'addition', which can provide environmental capacity and development space for special advantageous industries and strategic emerging industries." Yu Ping stressed that "lagging production capacity" and "traditional industries" are different, and elimination is backward. Instead of abandoning traditional industries, production capacity must be transformed, upgraded, transformed, upgraded, and new products produced with new technologies and processes. He suggested that the state should invest funds and technical support to assist and guide the transformation and upgrading of enterprises. By doing a good job of “addition and subtractionâ€, we can give a new interpretation of eliminating backward production capacity.
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Yuchai Chairman of the Board of Directors Yu Ping: Earlier Swords for Outdated Production Capacity