The Party branch of the Constant Velocity Drive Shaft Factory closely aligns with the company’s development vision, leading the enterprise to steadfastly explore the “9+N” market. Upholding a people-oriented approach that values those who strive hard and prioritizes technology, while emphasizing both cost reduction and efficiency enhancement, the factory has achieved rapid and healthy development, with continuously improving business performance. In 2023, the company reached record highs in production, sales, and profits; and in the first half of 2024, all key indicators once again hit new highs. At the celebration conference marking the 103rd anniversary of the founding of the Communist Party held by Wanxiang, the Party branch of the Constant Velocity Drive Shaft Factory was awarded the title of "Advanced Grassroots Party Organization."

Party building serves as the guiding force, injecting new momentum into talent development. In recent years, the Constant-Speed Drive Shaft Factory has vigorously promoted the construction of a talent pipeline, recruiting and selecting outstanding talents from key universities. The company adheres to the principle of Party leadership over talent development, solidifying the foundation for talent cultivation and adopting multiple measures to guide talent development through party building. Party branches actively carry out democratic evaluations and diligently select “three outstanding individuals and one exemplary model,” identifying and nurturing talents who are capable of getting things done and delivering results. In light of actual job requirements, the company conducts employee training programs and enhances talent-development efficiency through activities such as “mentorship and hands-on guidance.” It also proactively establishes skill workshops, providing favorable conditions and opportunities for talent growth. The company continuously organizes “Party Members Doing Practical Things” initiatives and regularly reports on learning outcomes at Party member meetings. Moreover, it has set up Party member responsibility zones, encouraging employees to make contributions in their respective positions and fostering a united and harmonious working atmosphere.

The Party branch attaches great importance to the role of cultural development and organizes Party members and employees to participate in various activities, such as study tours to revolutionary sites, anti-corruption education sessions, viewing promotional videos, and writing reflections on these experiences. The branch also arranges for employees to read “Leading the Tide: The Biography of Lu Guanqiu” and write book reviews, as well as to deliver speeches, thereby gaining a deep understanding of Lu Guanqiu’s spirit. Furthermore, the branch guides employees to integrate their individual goals into the collective objectives, ensuring that everyone’s efforts contribute to the collective development and lay a solid foundation for the company’s rapid and vigorous growth.

Driven by innovation, we are helping the market achieve new breakthroughs. The constant-velocity drive shaft factory has always adhered to a user-first, order-driven approach. Led by the general manager, we employ an integrated expansion model that combines technology, marketing, and quality assurance to aggressively explore new markets and business opportunities among “9+N” high-end customers.

Currently, the industry is moving toward products that feature high efficiency, low vibration, large swing angles, lightweight designs, environmental friendliness, and cost-effectiveness. Constant Velocity Drive Shaft manufacturers are proactively seizing these development trends by adhering to the principle of "producing one generation in mass, developing the next, and stockpiling the one after that." They continuously engage in reserve development and iterative upgrades of their products, tailored to meet user needs, thereby promoting large-scale equipment upgrades, further deepening digitalization applications, enhancing automated production levels, and driving the manufacturing sector toward higher-end, smarter, and greener transformation, thus forging new competitive advantages in the market.

Among these, the EUF-type eight-channel fixed joint—designed and developed independently by the company—demonstrates outstanding performance and perfectly meets users’ personalized needs. It has become the first joint type to be incorporated into FV supporting projects, marking a crucial step for the constant-velocity drive shaft manufacturer in transitioning from zero to one in FV-related projects. This achievement lays a solid foundation for further securing more “9+N” high-end customer orders in the future and proves that the company’s independently developed EUF joint type is now fully capable of competing with industry-leading enterprises in the high-end market.

In recent years, the constant-velocity drive shaft manufacturer has achieved remarkable success in the joint-venture markets dominated by German and Japanese automakers, as well as in the domesticindependent brand market and the new-energy vehicle market, swiftly entering a fast-track of development. Some of its products have even reached 100% exclusive supply, and its market share has been steadily increasing year after year. Currently, the company has more than 100 projects under development, all of which are expected to enter mass production within the next one to two years and deliver significant benefits.

Promote coordinated development and explore new growth tracks for the industry. In line with long-term planning, the main plant of the constant-velocity drive shaft manufacturer will continue to strengthen its position as a manufacturing headquarters and R&D center, further enhancing its automation and digitalization levels and gradually transforming into a leading-edge factory. The Wuhu Qianchao Intelligent Manufacturing facility is fully benchmarking against international advanced standards, with a particular focus on advancing the construction of model workshops as well as planning and building a new plant and the Wuhu branch of the national-level Enterprise Technology Center. The company is striving to become a super base for drive shaft manufacturing in China, and all related work is currently progressing smoothly. Chongqing Wanxiang Digital Intelligence will expand its production space and, in the future, also consider modular assembly of products, aiming to double its output value and establish itself as a central hub in the Southwest region.

Additionally, in terms of exploring new business areas, the constant-velocity drive shaft factory, together with the Wanxiang Qianchao Technology Center, has been focusing on advancing the air spring project. Currently, technical personnel have already moved into the production base, and all agreements for prototype parts and contracts for the assembly line have been finalized. The first-round sample assembly, process validation, and commissioning of prototype equipment are being carried out concurrently at the equipment manufacturer’s site. Trial production is scheduled for the second half of next year.

Next, the Party branch of the constant-speed drive shaft factory will continue to ground itself in reality, stay down-to-earth, and lead the enterprise toward its established goals. We will remain committed to innovation-driven development, accelerate industrial investment, strengthen market expansion, take on the heaviest responsibilities, tackle the toughest challenges, and crack the hardest nuts—thus developing more high-end “9+N” users. We will also continuously focus on building a robust talent pipeline and forging a vanguard team, steadily advancing toward our goal of becoming “China’s No. 1 and one of the world’s top three” in the industry.