FAW Xichai Diesel produced and sold 340,000 units in 2009

Wuxi Yiwu Jiefang Xichai began its business in March, and its monthly output exceeded 30,000 units for 10 consecutive months. At the end of the year, its monthly output increased to 37,000 units.

In the financial year of 2009, the production and sales volume of FAW Xixi Diesel both exceeded 340,000 units, and the year-on-year growth exceeded 30%; the main business income was 8.4 billion yuan, a year-on-year increase of 1.85%, and the accumulative storage VAT was 26,869.7 million yuan, which was the same period of last year. The increase of nearly 95 million yuan, an increase of up to 55.2%, a record high. With no major fluctuations in the market environment, it is expected that in 2010, Xichai will continue to produce 300,000 units of diesel engines, with a sales income of 8.5 billion yuan, and a tax revenue of over 250 million yuan.

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