SINGAPORE, Sept. 15, 2022 /PRNewswire/ — China Yuchai International Limited ( NYSE: CYD) (“China Yuchai” or the “Company”) a number one producer and distributor of engines for on- and off-road purposes in China by way of its most important working subsidiary, Guangxi Yuchai Machinery Company Limited (“GYMCL”), introduced at the moment it received an order for 100 heavy-duty truck engines from Jianghuai Heavy Duty Truck (“JAC HD Truck”).
This giant order is especially for Yuchai’s YCK08 and YCK11 engines to energy JAC HD Truck’s 8×4 heavy-duty vehicles and dump vehicles in addition to JAC HD Truck’s 6×4 semi-trailers. Additionally, Yuchai’s YCK11 and YCK12 engines may even energy JAC HD Truck’s 6×4 semi-trailers. These automobiles are anticipated to be deployed in Anhui, Jiangsu, Shandong and Hebei Provinces, and different key home logistics areas.
The partnership with JAC HD Truck has a protracted historical past and now’s extending to National VI-compliant fashions YCS04, YCK05, YCS06, YCK08, YCK11 and YCK12 diesel engines.
With low gas consumption, low noise, and excessive reliability, Yuchai engines have received unanimous recognition by JAC HD Truck and its clients. Since starting of this 12 months, JAC’s heavy-duty vehicles powered by Yuchai engines have been significantly effectively obtained by their clients in northern China.
Weng Ming Hoh, President of China Yuchai, commented, “This new order from JAC HD Truck is a testament to the performance and quality of our National VI engines to meet the needs of one of China’s large commercial vehicle manufacturers, its distributors and end user customers. Our conventional products continue to generate high interest among customers.”
About China Yuchai International
China Yuchai International Limited, by way of its subsidiary, Guangxi Yuchai Machinery Company Limited (“GYMCL”), engages within the manufacture, meeting, and sale of all kinds of light-, medium- and heavy-duty engines for vehicles, buses, passenger automobiles, building gear, marine and agriculture purposes in China. GYMCL additionally produces diesel energy mills. The engines produced by GYMCL vary from diesel to pure gasoline and hybrid engines. Through its regional gross sales places of work and approved customer support facilities, GYMCL distributes its engines on to auto OEMs and retailers and supplies upkeep and retrofitting companies all through China. Founded in 1951, GYMCL has established a good model title, sturdy analysis and growth staff and vital market share in China with high-quality merchandise and dependable after-sales assist. In 2021, GYMCL offered 456,791 engines and is acknowledged as a number one producer and distributor of engines in China. For extra info, please go to http://www.cyilimited.com.
Safe Harbor Statement:
This information launch might include forward-looking statements inside the which means of the Private Securities Litigation Reform Act of 1995. The phrases “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or comparable expressions are meant to determine forward-looking statements. All statements apart from statements of historic truth are statements which may be deemed forward-looking statements. These forward-looking statements together with, however not restricted to, statements regarding China Yuchai’s and the three way partnership’s operations, monetary efficiency and situation are primarily based on present expectations, beliefs and assumptions that are topic to vary at any time. China Yuchai cautions that these statements by their nature contain dangers and uncertainties, and precise outcomes might differ materially relying on a range of essential components resembling authorities and inventory trade laws, competitors, political, financial and social circumstances world wide and in China together with these mentioned in China Yuchai’s Form 20-Fs underneath the headings “Risk Factors”, “Results of Operations” and “Business Overview” and different studies filed with the Securities and Exchange Commission sometimes. Among others, if the COVID-19 pandemic isn’t successfully and well timed managed, our business operations and monetary situation could also be materially and adversely affected because of a deteriorating marketplace for automotive gross sales, an financial slowdown in China and overseas, a possible weakening of the monetary situation of our clients, or different components that we can’t foresee. All forward-looking statements are relevant solely as of the date it’s made and China Yuchai particularly disclaims any obligation to keep up or replace the forward-looking info, whether or not of the character contained on this launch or in any other case, sooner or later.
For extra info:
Investor Relations
Kevin Theiss
Tel: +1-212-510-8922
Email: [email protected]
SOURCE China Yuchai International Limited
