Dongfeng Electronic Technology Automotive Brake System Co., Ltd. has established more than 40 new product development projects in 2004. From January to April, 13 new product development projects have been completed. Other projects are proceeding in an orderly manner. Since 2002, the company’s new product revenue has accounted for 60% of total revenue and the new product contribution rate has been on an upward trend. These new products will become the main varieties supporting the company's business development. The company actively responded to the ever-changing demand of the automotive market, and continued to expand Dongfeng's loading product market on the basis of consolidating and expanding its business. In addition, the company also actively uses the existing stock and resource advantages, and strives to seek out and develop social host supporting markets such as Yunqi, Liuzhou Auto, Xinqi, Hangzhou Auto and other OEMs. At present, great progress has been made in the matching of these plants. Through the past two years of planning, investment, and human resource development, the company has formed a strong development capability in the development of new products, with strong development tools and technical strength. The development method is complete and the development team is stable. Recent developments show that the company has been able to adapt to rapidly changing market development needs. Up to now, the conventional brake products of the Auto Brake System Company have been fully spectrumd and formed serialization. The products cover Dongfeng Light, Medium and Heavy models. It has become a powerful product development and market development platform that can fully meet market needs. Rapid progress in new products. The "ABS" four-channel, six-channel anti-lock brake system has been industrialized and has mass production capabilities. The products are suitable for medium and heavy trucks and passenger cars. There are three major new products under development. The air control unit has been designed and is currently undergoing trial production. This product has high integration and technical content. The exhaust gas brake valve with a relatively high technical content is an accessory product developed by the company for Renault High Horsepower Engine. At present, product design has been completed and it is in trial development. In addition, air suspension height control valves and load-proportioning valves are being designed and developed.
Significant achievements in new product development in the first quarter of 2004
Dongfeng Electronic Technology Automotive Brake System Co., Ltd. has established more than 40 new product development projects in 2004. From January to April, 13 new product development projects have been completed. Other projects are proceeding in an orderly manner. Since 2002, the company’s new product revenue has accounted for 60% of total revenue and the new product contribution rate has been on an upward trend. These new products will become the main varieties supporting the company's business development. The company actively responded to the ever-changing demand of the automotive market, and continued to expand Dongfeng's loading product market on the basis of consolidating and expanding its business. In addition, the company also actively uses the existing stock and resource advantages, and strives to seek out and develop social host supporting markets such as Yunqi, Liuzhou Auto, Xinqi, Hangzhou Auto and other OEMs. At present, great progress has been made in the matching of these plants. Through the past two years of planning, investment, and human resource development, the company has formed a strong development capability in the development of new products, with strong development tools and technical strength. The development method is complete and the development team is stable. Recent developments show that the company has been able to adapt to rapidly changing market development needs. Up to now, the conventional brake products of the Auto Brake System Company have been fully spectrumd and formed serialization. The products cover Dongfeng Light, Medium and Heavy models. It has become a powerful product development and market development platform that can fully meet market needs. Rapid progress in new products. The "ABS" four-channel, six-channel anti-lock brake system has been industrialized and has mass production capabilities. The products are suitable for medium and heavy trucks and passenger cars. There are three major new products under development. The air control unit has been designed and is currently undergoing trial production. This product has high integration and technical content. The exhaust gas brake valve with a relatively high technical content is an accessory product developed by the company for Renault High Horsepower Engine. At present, product design has been completed and it is in trial development. In addition, air suspension height control valves and load-proportioning valves are being designed and developed.