China Yuchai International

Yuchai Establishes New Engine Service Joint Venture

Retrieved on: 
Tuesday, June 7, 2022
Original equipment manufacturer, Social conditioning, Research, Agriculture, China Yuchai International, Nature, News, Security (finance), Government, U.S. Securities and Exchange Commission, Maintenance, Natural gas, Sale, Risk, Private Securities Litigation Reform Act, NYSE, COVID-19, CYD, Wuxi, Bank

SINGAPORE, June 7, 2022 /PRNewswire/ --China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), announced today that Guangxi Yuchai Machinery Monopoly Development Co., Ltd. ("YMMC"), a subsidiary of GYMCL, has formed a new joint venture, Suzhou Yuxing Automobile Technology Co., Ltd. ("Suzhou Yuxing"), to enhance the nationwide engine services and emergency services for all vehicles powered by Yuchai engines in China.

Key Points: 
  • SINGAPORE, June 7, 2022 /PRNewswire/ --China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), announced today that Guangxi Yuchai Machinery Monopoly Development Co., Ltd. ("YMMC"), a subsidiary of GYMCL, has formed a new joint venture, Suzhou Yuxing Automobile Technology Co., Ltd. ("Suzhou Yuxing"), to enhance the nationwide engine services and emergency services for all vehicles powered by Yuchai engines in China.
  • Fujian Zhongchuang Chelian Network Technology Co., Ltd. (also known as "Qipeiyun"), an automotive parts supply chain service provider, has a 12% equity interest.
  • Total registered capital for Suzhou Yuxing is RMB 5 million, pro-rated among the equity owners by their respective interest.
  • Weng Ming Hoh, President of China Yuchai commented, "This new joint venture will become a service platform to complement our current service stations network in nearly all provinces, and enable us to foster better relationships with our end customers across China."

LiuGong Wide Body Mining Dump Trucks Equipped with Allison 4800 Off Road Series™ Transmissions Exported to Colombia

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Wednesday, March 16, 2022
Trucking, Mining, Minerals, Transport, Coal, Natural Resources, Energy, Other Transport, Phrase, Continual power system, PTO, Solution, Government, OEM, ALSN, Annual report, Vaccine, Allison, United Kingdom, Sumathi Best Television Current Reporting Award, The World's Work, Allison Transmission, Multimedia, AMT, COVID-19, Adoption, ORS, Max, Forward-looking statement, Transport, Environment, Mining, Torque, Research, Transmission, WBMD, NYSE, Industry, Efficiency, Terminology, Maintenance, Heavy equipment, China Yuchai International, LiuGong

View the full release here: https://www.businesswire.com/news/home/20220316005633/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220316005633/en/
    Equipped with Allison 4800 Off-Road Series(ORS) fully automatic transmissions, wide body mining dump (WBMD) trucks manufactured by Chinese heavy machinery OEM LiuGong were exported to Colombia for the transportation of coal deposits.
  • (Photo: Business Wire)
    This award represents another milestone in Allisons pursuit to capture market share in the global wide body mining dump truck market.
  • Our wide body mining dump trucks equipped with Allison fully automatic transmissions are well received at home and abroad as they can face severe duty-cycles and any harsh environment without compromising productivity and efficiency.
  • The Allison 4800 ORS requires only periodic fluid and filter changes to maintain peak performance, resulting in more vehicle uptime and lower maintenance costs.

Yuchai Engines Power Largest Chinese Bus Export Order to Mexico

Retrieved on: 
Friday, March 11, 2022
Government, Social conditioning, Maintenance, Private Securities Litigation Reform Act, Compliance, European emission standards, Research, U.S. Securities and Exchange Commission, Agriculture, Natural gas, Urban, Nature, News, Original equipment manufacturer, Risk, NYSE, Sale, CYD, Security (finance), Ankai, Solution, COVID-19, Transport, Travel, China Yuchai International, Rail transport

SINGAPORE, March 11, 2022 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), announced today that GYMCL's YC6GN natural gas engines became the exclusive engine to power 800 Ankai buses that were recently shipped to Mexico. 

Key Points: 
  • These new Yuchai-powered Ankai buses will operate in Monterrey, Mexico, which is the third largest city in Mexico.
  • Prior to this, YC6GN gas engines were already in city bus operations in Mexico, including the Chihuahua Prefecture, and the performance of the engines has been well received by the local transportation department and bus operators.
  • Mr. Weng Ming Hoh, President of China Yuchai, commented, "The Yuchai brand continues to penetrate the global commercial vehicle markets with its high-performance bus engines through its large portfolio of diesel, gas and hybrid powertrains."
  • In 2021, GYMCL sold 456,791 engines and is recognized as a leading manufacturer and distributor of engines in China.

China Yuchai Repositions Long-Term Growth Strategy Through Investment in New Energy Technologies

Retrieved on: 
Thursday, September 23, 2021
RMB, News, Nature, China Yuchai International, Risk, Security (finance), Sale, Private Securities Litigation Reform Act, Social conditioning, U.S. Securities and Exchange Commission, Original equipment manufacturer, Engineering, Natural gas, Government, Agriculture, CYD, COVID-19, Research, Maintenance, Project, NYSE, Renewable energy

GYMCL has established a wholly owned subsidiary, Yuchai Xin-Lan New Energy Power Technology Co., Ltd., with registered capital of RMB 500 million, as the main investment vehicle for the construction of the Yuchai Xin-Lan New Energy Power Project ("the Project").

Key Points: 
  • GYMCL has established a wholly owned subsidiary, Yuchai Xin-Lan New Energy Power Technology Co., Ltd., with registered capital of RMB 500 million, as the main investment vehicle for the construction of the Yuchai Xin-Lan New Energy Power Project ("the Project").
  • The Project will accelerate GYMCL's development of new energy technologies.
  • China Yuchai International Limited, through its subsidiary, GYMCL, engages in the manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, marine and agriculture applications in China.
  • In 2020, GYMCL sold 430,320 engines and is recognized as a leading manufacturer and distributor of engines in China.

China Yuchai International to Announce 2021 Unaudited First Half Financial Results on August 11, 2021

Retrieved on: 
Wednesday, July 28, 2021
Companies, Engines, China Yuchai International, Airlines, Navistar International, China Airlines, Caterpillar Inc.

SINGAPORE, July 28, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it will be releasing its 2021 unaudited first half financial results on Wednesday, August 11, 2021 before the market opens for trading.

Key Points: 
  • SINGAPORE, July 28, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it will be releasing its 2021 unaudited first half financial results on Wednesday, August 11, 2021 before the market opens for trading.
  • A conference call and audio webcast for the investment community has been scheduled for 8:00 A.M. Eastern Daylight Time on August 11, 2021.
  • China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, marine and agriculture applications in China.
  • In 2020, GYMCL sold 430,320 engines and is recognized as a leading manufacturer and distributor of engines in China.

China Yuchai Appoints New Chief Financial Officer

Retrieved on: 
Thursday, June 3, 2021
China Yuchai International, New York Stock Exchange, Loo, Companies

SINGAPORE, June 3, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that Dr. Thomas Phung Khong Fock resigned as Chief Financial Officer of the Company with effect from June 1, 2021.

Key Points: 
  • SINGAPORE, June 3, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that Dr. Thomas Phung Khong Fock resigned as Chief Financial Officer of the Company with effect from June 1, 2021.
  • Loo Choon Sen has been appointed as Chief Financial Officer of China Yuchai effective June 3, 2021.
  • Mr. Loo has over 23 years of experience as a leader in financial operations.
  • The China Yuchai Board of Directors thanks Dr. Phung for his contributions since he joined the Company in 2016 and it welcomes Mr. Loo on board the Company.

China Yuchai Forms Strategic Partnership with Sunlong Bus to Develop Electric Vehicles

Retrieved on: 
Wednesday, June 2, 2021
Sunlong Bus, China Yuchai International, Hybrid vehicles, Motor vehicles, Hybrid vehicle drivetrain, Drivetrain, Companies, Technology, Vans

SINGAPORE, June 2, 2021 /PRNewswire/ --China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today it has entered into a strategic partnership agreement with an electric vehicle ("EV") bus producer in China, Guangxi Shenlong Automobile Manufacturing ("Sunlong").

Key Points: 
  • SINGAPORE, June 2, 2021 /PRNewswire/ --China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today it has entered into a strategic partnership agreement with an electric vehicle ("EV") bus producer in China, Guangxi Shenlong Automobile Manufacturing ("Sunlong").
  • According to the strategic partnership agreement, China Yuchai and Sunlong will join technologies to develop new energy vehicles based upon China Yuchai's four new energy powertrain systems including the ISG power generation powertrain ("YC IE-Power"), e-CVT power-split hybrid powertrain ("YC e-CVT"), integrated electric drive axel powertrain ("YC e-Axel"), and a fuel cell system ("YC FCS").
  • Headquartered in Nanning, Guangxi Province, Sunlong specializes in new energy buses, and logistical vehicle development and production in southern China.
  • In the past, China Yuchai has supplied its electric direct drive system, hybrid system and Nat VI-compliant CNG natural gas engine to Sunlong for its vehicles sold in southern and western China.

China Yuchai Announces Board Changes

Retrieved on: 
Friday, May 14, 2021
China Yuchai International, Zhuang people, Guangxi, Companies

b'SINGAPORE, May 14, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that that Mr. Li Hanyang has been appointed as a Director of China Yuchai effective May 12, 2021.

Key Points: 
  • b'SINGAPORE, May 14, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that that Mr. Li Hanyang has been appointed as a Director of China Yuchai effective May 12, 2021.
  • Li was recently appointed Chairman of the Board of the Company\'s main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL").
  • Since 2002, Mr. Li has served as chief engineer, director, and chairman of Guangxi Yuchai Machinery Group Co., Ltd. and its subsidiaries.\nMr.
  • In 2020, GYMCL sold 430,320 engines and is recognized as a leading manufacturer and distributor of engines in China.

Mr. Li Hanyang Appointed Chairman of China Yuchai's Subsidiary

Retrieved on: 
Wednesday, March 17, 2021
China Yuchai International, Zhuang people, Guangxi, Companies

SINGAPORE, March 17, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that Mr. Li Hanyang has been appointed as Chairman of the Board of its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), effective March 11, 2021.

Key Points: 
  • SINGAPORE, March 17, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that Mr. Li Hanyang has been appointed as Chairman of the Board of its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), effective March 11, 2021.
  • Mr. Li replaces Mr. Yan Ping who retired as Chairman of GYMCL.
  • Since 2002, Mr. Li has served as chief engineer, director, chairman and party secretary of Guangxi Yuchai Machinery Group Co., Ltd. and its subsidiaries.
  • China Yuchai's Board of Directors welcomes Mr. Li as GYMCL's Chairman of the Board and believes that his extensive engineering and manufacturing management experience with Yuchai products will be beneficial to achieve the Company's strategic goals.

China Yuchai International to Announce 2020 Unaudited Second Half and Annual Financial Results on February 24, 2021

Retrieved on: 
Wednesday, February 10, 2021
China Yuchai International, New York Stock Exchange, Companies, New York City

SINGAPORE, Feb. 10, 2021 /PRNewswire/ --China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it will be releasing its 2020 unaudited second half and annual financial results on Wednesday, February 24, 2021 before the market opens for trading.

Key Points: 
  • SINGAPORE, Feb. 10, 2021 /PRNewswire/ --China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that it will be releasing its 2020 unaudited second half and annual financial results on Wednesday, February 24, 2021 before the market opens for trading.
  • A conference call and audio webcast for the investment community has been scheduled for 8:00 A.M. Eastern Standard Time on February 24, 2021.
  • The call will be hosted by the President and Chief Financial Officer of China Yuchai, Mr. Weng Ming Hoh and Dr. Thomas Phung, respectively, who will present on and discuss the financial results and business outlook of the Company followed with a Q&A session.
  • In 2019, GYMCL sold 376,148 engines and is recognized as a leading manufacturer and distributor of engines in China.