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Gu Yifan: Component Industry Should Increase Investment in Technology and Fundamental Research

Recently, Zhejiang Wan'an Technology Co., Ltd. has been honored with the title of "National Accredited Enterprise Technology Center." As a key member of the Brake Committee under the China Automotive Industry Association, the company's contributions to the brake industry have been widely acknowledged. HC Network had the opportunity to speak with Mr. Gu Yifan, the Secretary General of the Brake Committee, who shared his insights on this significant achievement.

The recognition as a "National Accredited Enterprise Technology Center" is a strong endorsement of the company's research and development capabilities. This prestigious title highlights the technological excellence and innovation that Zhejiang Wan'an has demonstrated over the years. It also reflects its leadership position within the domestic automotive brake sector.

Mr. Gu Yifan expressed that Zhejiang Wan'an Technology is among the top innovators in China's automotive brake industry. As a member of the association, it not only strengthens its own corporate standing but also plays a vital role in elevating the overall technical standards of the national automobile brake industry. He emphasized the importance of continuous R&D efforts, new product development, and active participation in industry growth to ensure long-term stability and progress.

To qualify for the "National Accredited Enterprise Technology Center" designation, companies must meet strict evaluation criteria. The selection process is highly competitive, and only a limited number of enterprises are recognized each year. These companies are required to undergo re-evaluation every two years, ensuring that they maintain their high standards. This rigorous process encourages continuous improvement and reinforces the commitment of all auto parts manufacturers to enhance their technological capabilities and management practices.

Investing more in technology research and basic experimentation is crucial for Chinese brake companies to bridge the gap with foreign counterparts. Despite some progress, there is still a noticeable difference between domestic brake products and those from international brands. Most Chinese-branded brake systems are used in mid-to-low-end vehicles, while high-end passenger cars often rely on imported components. This is partly due to long-standing OEM-partner relationships, which have limited market opportunities for domestic manufacturers and slowed the advancement of their technologies.

Beyond insufficient R&D investment, many Chinese brake companies also lack adequate foundational research and testing. Conducting deeper studies and accumulating extensive data through long-term experiments are essential steps for these companies to take. Addressing these gaps will be critical for improving both the quality and competitiveness of domestic brake products in the global market.

Despite the challenges brought by the global economic crisis, the outlook for China's auto industry remains positive. While the financial downturn has caused temporary slowdowns in production, sales, and operational efficiency, most companies are adapting and preparing for future growth. By focusing on internal improvements, addressing weaknesses, and enhancing overall business performance, enterprises can successfully navigate difficult times and eventually emerge stronger. This resilience will ultimately lead to a period of recovery and renewed success for the industry.

In the face of adversity, the ability to rebuild and innovate is what defines true strength. Just like the mythical phoenix, the Chinese auto industry has the potential to rise again, stronger than before.

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