The foundation of the start of Fast Automotive Transmission Co., Ltd. Thailand

On the morning of September 15, 2013, the groundbreaking ceremony of Fast Automotive Transmission (Thailand) Co., Ltd., the first overseas sole proprietor of Shaanxi Fast Automotive Transmission Group Co., Ltd. (hereinafter referred to as the Fast Group), commenced in Rayong, Thailand. The East Coast Industrial Zone is held. Thailand's Deputy Prime Minister and Minister of Education Penghu? Phongthep Thepkanjana attended the ceremony as a special guest, and Chairman of Fast Group Li Dakai made a keynote speech at the ceremony.

Li Dakai said that by the end of 2015, the ASEAN economic community will be officially established. Fast Automotive Transmission (Thailand) Co., Ltd. hopes to accelerate the expansion of its business in Thailand and the ASEAN Economic Community with the support of local Thai banks.

Cai Weicai, the first vice president of Thailand's Kaitai Bank, said that Kaitai Bank will hold meetings with Fast Automotive Transmission (Thailand) Co., Ltd. to understand the company's business plan and design suitable financial products that meet its needs.

The Fast Group is a large-scale specialized manufacturer of heavy-duty transmissions, splitters, power take-offs, and various automotive gears and forgings. Its major customers include Volvo, Dongfeng, and Hino.