On October 22, Mr. Sunil Chahure, the newly appointed General Manager of Global Purchasing of Mahindra, and Mr. Rajesh Pandey, the deputy General Manager of Global Purchasing visited our company and conducted a visit and investigation to the company. This is the first subsidiary of Tri-ring Group visited by Mahindra's senior management after Mahindra Global Purchasing Director, Mr. Sikka, visited Tri-ring group in August 2016 to reach a strategic partnership.
GM Lei Senlin warmly welcomed the arrival of Mahindra's senior management. Both sides had in-depth exchanges on the continuous improvement of the mechanical steering gear currently in cooperation and the two new projects of the company's electric power steering gear （EPS） and High-end Commercial Vehicle power steering gear （FNBK）. Lei Senlin personally introduced EPS and FNBK projects to the visiting Indian guests. It is reported that in recent years, facing the shrinking and high-end trend of the commercial vehicle market, the expanding and electronic market of passenger cars, the company has invested 270 million and 630 million RMB respectively in EPS and FNBK projects, closely focusing on the development strategy of “structural adjustment, upgrading and internationalization” of Tri-ring Group, standing at the highest point in the industry with high starting point, large investment and large scale. This is an important strategic decision made by the company to seize the favorable opportunity for market adjustment, adhere to the strategy of developing commercial vehicles and passenger cars simultaneously, and adapt to product transformation and upgrading. At present, the annual output of EPS is 200,000 units, mainly supporting the first-class domestic automobile factories such as Chang 'an, BAIC, FOTON and Dongfeng. FNBK project is expected to be put into production by the end of this year.
Dan Tingjie, the technical director in charge of Mahindra's products, made a detailed report on the continuous improvement of the mechanical steering gear currently cooperating.
Mr. Sunil Chahure and his party first visited the EPS production workshop and inspected the standardized production of the workshop on the spot. they were amazed by the modernization of the EPS assembly line and showed great interest. Later, they visited an automated assembly line newly designed for Mahindra products in the assembly workshop. This line has solved the problem of oil leakage from the steering gear to a great extent and won the high praise of Mr. Sunil Chahure and his party. Mr. Sunil said that during the more than 8 years of cooperation between the two sides, Tri-ring Motor Steering Gear?has always taken the customer's needs as its own responsibility and made unremitting efforts in improving the quality. It is Mahindra's trustworthy partner. On behalf of Mahindra, he expressed his heartfelt thanks to Tri-ring Motor Steering Gear?for its efforts in Mahindra's development.
After the visit, Mr. Sunil Chahurer said that the visit had yielded a lot and had a new understanding of Tri-ring Motor Steering Gear. Mahindra, as India's rising automobile company, is emerging as a new project of Tri-ring Motor Steering Gear. This is a very good opportunity. It is very much looking forward to continuing to deepen exchanges and cooperation with Tri-ring Company. Both sides are fully qualified to conduct more in-depth and extensive exchanges on the cooperation of EPS and FNBK projects. He warmly invited Tri-ring project team to Mahindra to have a more in-depth discussion with Mahindra's R&D team to further strengthen the business exchange and technology docking between the two sides. Deputy Party Secretary Zhang Huajie, Deputy GM Zhou Bo and Wu Jinlin accompanied Mahindra guests to the inspection and exchange.