How did Yuchai set up her second venture? Yuchai Group recently held a seminar for senior and middle-level officials with the theme of "innovation engine, full-speed launch" to promote Yuchai's second career. Chairman Yu Ping of Yuchai’s Board of Directors stated at the meeting that in the process of innovation, it is necessary to pay attention to the improvement of management within the company, the improvement of the system, and the enhancement of the core competitiveness to ensure the health and safety of the company and steadily promote the transformation and upgrading of the company. Become a benchmark for "Created in China." It is understood that Yuchai’s various functional departments and subsidiaries have offered suggestions and suggestions and presented more than 30 detailed reforms and innovations from different levels. Among them, there are both "tall" opinions and "grounded gas" plans, both for the macro observation at the enterprise level and the microscopic view of a management field. As a core subsidiary, Yuchai Co., Ltd., it brought content innovations in business innovation, management innovation, and product innovation to the agenda. In 2013, Yuchai’s promotion of the reorganization of marketing and application development business, reorganization of parts and components production business, establishment of new business division, restructuring of quality business, restructuring of lean engineering functions, adjustment of Suzhou remanufacturing business, logistics improvement and layout planning 10 business operations such as foreign strategic cooperation reform and innovation. In research and innovation, the research and development of high-end products and the construction of a research and development base have become the focus of this conference. Yuchai Group Corporation puts forward the core of product innovation, technology innovation as the driving force, production innovation as the foundation, business innovation as the support, institutional innovation as the key, and cultural innovation as the guarantee, and continuously strengthen the status of the group company as the investment and financing management and control group. Through the improvement of risk management information management systems and other means, the company's operational capabilities have been significantly enhanced, and its overall strength has steadily improved, consolidating the foundation of Yuchai's sustained, stable and healthy development, and achieving its industrial goal of 100 billion yuan. Under the current economic environment, the transformation and upgrading of enterprises has become an inevitable choice. Yuchai Chairman Mao Ping requested that Yuchai Group's subsidiaries and functional departments should lose their illusions, attach importance to them early, adjust in time, don't depend on them, and actively innovate, and accelerate the transformation and upgrading of enterprises with a mature attitude; they must strengthen their sense of responsibility. With dedication, we must regard innovation as the main line for the second venture, closely follow the major opportunities for industrial restructuring, and not afraid of reform pains, and unswervingly promote the transformation and upgrading of enterprises.