China Yuchai International Limited
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934
For the Month of December 2007
Commission File Number 1—13522
 
China Yuchai International Limited
(Translation of Registrant’s name into English)
 
16 Raffles Quay #26-00
Hong Leong Building
Singapore 048581

(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F   þ                    Form 40-F   o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):   o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):   o
Indicate by check mark whether the Registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes   o                    No   þ
If “Yes” is marked, indicate below the file number assigned to registrant in connection with Rule 12g3-2(b): Not applicable.
 
 


TABLE OF CONTENTS

SIGNATURES
EXHIBITS INDEX
Ex-99.1 Press Release of CYI dated December 4, 2007 announcing the appointment of new CFO as director and the resignation of previous CFO as director of CYI.
Ex-99.2 Press Release of CYI dated December 4, 2007 announcing updated sales performance.


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OTHER EVENTS
1. Appointment of new CFO as director; Resignation of previous CFO as director
On December 4, 2007 in Singapore, China Yuchai International Limited (“CYI”) issued a press release announcing the appointment of Mr. Ho Tuck Chuen, its new Chief Financial Officer (“CFO”) as a director of CYI. CYI also announced the resignation of Mr. Philip Ting Sii Tien, its previous CFO, as a director of CYI. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
2. Updated Sales Performance
On December 4, 2007 in Singapore, CYI issued a press release announcing updated sales performance for the first ten months of 2007. A copy of the press release is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
Exhibits
99.1     Press Release of CYI dated December 4, 2007 announcing the appointment of new CFO as director and the resignation of previous CFO as director of CYI.
99.2     Press Release of CYI dated December 4, 2007 announcing updated sales performance.

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SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunder duly authorized.
Date: December 4, 2007
         
  CHINA YUCHAI INTERNATIONAL LIMITED
 
 
  By:   /s/ Ho Tuck Chuen    
  Name:   Mr. Ho Tuck Chuen   
  Title:   Chief Financial Officer   
 

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Table of Contents

EXHIBITS INDEX
99.1   Press Release of CYI dated December 4, 2007 announcing the appointment of new CFO as director and the resignation of previous CFO as director of CYI.
 
99.2   Press Release of CYI dated December 4, 2007 announcing updated sales performance.

3

Ex-99.1 Press Release of CYI dated Dec, 2007
 

Exhibit 99.1
(CHINA YUCHAI LOGO)
China Yuchai International Limited Appoints New CFO as Director;
previous CFO resigns as Director
Singapore, Singapore — December 4, 2007 — China Yuchai International Limited (NYSE: CYD; “China Yuchai” or the “Company”), the leading manufacturer and distributor of diesel engines in China, today announced the appointment of Mr. Ho Tuck Chuen, its new Chief Financial Officer, as a director of the Company with effect from December 3, 2007. Mr. Ho Tuck Chuen was appointed as the Company’s Chief Financial Officer on October 24, 2007 and began his duties on November 15, 2007.
The Company also announced the resignation of Mr. Philip Ting Sii Tien, its previous CFO, as a director of the Company with effect from December 3, 2007. The Board of Directors wishes to thank Mr. Philip Ting for his services and contributions to the Company as a director. Mr. Ting will continue with his full-time role as the Group Chief Financial Officer for Hong Leong Asia Limited, the holding company of China Yuchai.
The Company’s directors and executive officers as of December 3, 2007 are set forth below:
         
  Name   Position  
 
TEO Tong Kooi
  President and Director  
 
GAO Jia Lin
  Vice President and Director  
 
GAN Khai Choon
  Director  
 
KWEK Leng Peck
  Director  
 
NEO Poh Kiat
  Director  
 
TAN Aik-Leang
  Director  
 
HO Tuck Chuen
  Director and Chief Financial Officer  
 
Matthew RICHARDS
  Director  
 
YAN Ping
  Director  
 
ZHANG Shi Yong
  Director  
 
Sheila MURUGASU(1)
  General Counsel  
 
Ira Stuart OUTERBRIDGE III
  Secretary  
   
 
 
     
(1)   With effect from December 10, 2007, Ms. Deborah Foo Shing Mei will be the new General Counsel of the Company.
About China Yuchai International Limited
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited (“Yuchai”), engages in the manufacture, assembly, and sale of a wide array of light-duty, medium-sized and heavy-duty diesel engines for construction equipment, trucks, buses, and cars in China. Yuchai also produces diesel power generators, which are primarily used in the construction and mining industries. With over 30 regional sales offices and 460 authorized customer service centers, the Company distributes its diesel engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, Yuchai has established a reputable brand name, strong research & development team and significant market share in China with high-quality products and reliable after-sales support. In 2006, Yuchai sold approximately 284,000 diesel engines and was consistently ranked No. 1 in unit sales by China Association of Automobile Manufacturers.

 


 

Safe Harbor Statement
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “expect,” “anticipate,” “project,” “targets,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company’s operations, financial performance and, condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including those discussed in the Company’s reports filed with the Securities and Exchange Commission from time to time. The Company specifically disclaims any obligation to update the forward-looking information in the future.
For more information, please contact:
Kevin Theiss / Dixon Chen
The Global Consulting Group
 
Tel:
Email:
  +1-646-284-9409 ktheiss@hfgcg.com dchen@hfgcg.com

 

Ex-99.2 Press Release of CYI dated Dec 4, 2007
 

Exhibit 99.2
(CHINA YUCHAI LOGO)
China Yuchai International Limited Announces Updated Sales Performance
Singapore, Singapore — December 4, 2007 — China Yuchai International Limited (NYSE: CYD; “China Yuchai” or the “Company”), the leading manufacturer and distributor of diesel engines in China, announced today it has sold 315,000 diesel engines from January to October in 2007, representing a 33.8 percent increase over the same period of 2006. Total unit sales in the ten months ended October 31, 2007 exceeded the Company’s expectations. In 2006, Yuchai sold approximately 284,000 diesel engines.
After major urban transportation contract wins with Beijing and Shanghai bus network, China Yuchai’s National 3 Model continues to penetrate the Chinese bus OEM market and posted a strong 172% year-on-year unit sales growth in the first ten months of 2007.
China’s automotive industry continues to experience robust growth in 2007 as it has become the second largest in the world with a relatively smaller percentage of auto ownership (2%) compared with Europe and North America, and a fast-growing infrastructure build-out. According to the China Association of Automobile Manufacturers, in the first nine months of 2007, China produced a total of 1.1 million trucks, 175,990 buses, 354,236 truck chassis, and 136,477 semi-trailers reflecting a solid 21%, 19%, 37% and 121% year-over-year growth, respectively. The trend of using diesel engines has expanded to more than 80% of the engines in new commercial vehicles produced in China. Within the Chinese diesel-powered truck market, the 2007 first nine months production was 70,347 heavy trucks, 97,505 medium trucks, 681,917 light trucks, 47,213 mini trucks, and 326,892 truck chassis, reflecting 82%, 4%, 22%, 19% and 38% year-over-year growth, respectively. For the bus market, the production for the first nine months was 21,058 large buses, 23,747 medium buses, and 53,908 small buses, reflecting 48%, 34% and 14% year-over-year growth, respectively. As a result of the rapid down-stream market growth, according to China Association of Automobile Manufacturers, diesel engine producers in China enjoyed an average of 30% year-over-year growth in the first nine months of 2007.
About China Yuchai International Limited
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited (“Yuchai”), engages in the manufacture, assembly, and sale of a wide array of light-duty, medium-sized and heavy-duty diesel engines for construction equipment, trucks, buses, and cars in China. Yuchai also produces diesel power generators, which are primarily used in the construction and mining industries. With over 30 regional sales offices and 460 authorized customer service centers, the Company distributes its diesel engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, Yuchai has established a reputable brand name, strong research & development team and significant market share in China with high-quality products and reliable after-sales support. In 2006, Yuchai sold approximately 284,000 diesel engines and was consistently ranked No. 1 in unit sales by China Association of Automobile Manufacturers.

 


 

Safe Harbor Statement
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “expect,” “anticipate,” “project,” “targets,” “optimistic,” “intend,” “aim,” “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. These forward- looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company’s operations, financial performance and, condition. For this purpose, statements that are not statements of historical fact may be deemed to be forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including those discussed in the Company’s reports filed with the Securities and Exchange Commission from time to time. The Company specifically disclaims any obligation to update the forward-looking information in the future.
For more information, please contact:
 
Kevin Theiss / Dixon Chen
The Global Consulting Group
 
Tel:
Email:
  +1-646-284-9409 ktheiss@hfgcg.com dchen@hfgcg.com