China Yuchai International Limited ("CYI") is a Bermuda holding company established on
April 29, 1993. It registered a branch office in Singapore on March 7, 2008. CYI is a
subsidiary of Singapore-based Hong Leong Asia Ltd ("Hong Leong Asia") and it is listed on
the New York Stock Exchange, with major operations in China.
The Group's principal operating subsidiary Guangxi Yuchai Machinery Company Limited
("GYMCL") is one of the largest engine manufacturers in China. Located in Yulin City,
Guangxi Zhuang Autonomous Region in southern China, GYMCL engages in the
manufacture, assembly, and sale of a wide array of light-duty, medium-duty and heavy-duty
diesel engines for construction equipment, trucks, buses and cars in China. GYMCL also
produces diesel power generators, which are primarily used in the construction and mining
industries. The engines produced by GYMCL range from diesel to natural gas and hybrid
engines. GYMCL’s products range from 1.2L to 80L over 10 engine platforms with a power range from 60PS to 2400PS. In its current portfolio, the number of engine series offerings is 28 and GYMCL is intending to further expand its reach in the passenger car, marine and power generator markets. While GYMCL produces diesel engines compliant with National IV and V emission standards, it has the ability to produce certain diesel and natural gas engines compliant with National VI emission standards, as well as develop alternative fuels and environmentally friendly hybrid engines with improved fuel efficiency. GYMCL also has the ability to produce diesel engines compliant with Tier 3 emission standards* for use in off-road machinery.
GYMCL has built a strong reputation among vehicle manufacturers and customers for the
performance and reliability of its products as well as its after-sales customer service. CYI
currently owns 76.4% of GYMCL’s outstanding shares through six wholly-owned subsidiaries.
CYI has also invested in HL Global Enterprises Limited (“HLGE”) which is listed on the main
board of the Singapore Exchange. Currently, CYI holds 48.9% shareholding interest in
The core businesses of HLGE are hospitality operations and property development. The
HLGE group, through its joint venture companies, owns hotels in Shanghai, PRC, Cameron
Highlands, Malaysia and a Copthorne hotel in Qingdao, PRC. HLGE also owns a service
apartment building in Shanghai.
Completion of the Sale by HL Global Enterprises Limited of all its Shares in LKN Investment International Pte. Ltd.
|SINGAPORE, Dec. 1, 2017 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that HL Global Enterprises Limited ("HLGE") (a company in which China Yuchai has a 48.9% equity interest) has completed the sale of all its shares in LKN Investment International Pte. Ltd. ("LKNII"), which holds hotel properties in China, to an affiliate of Jingrui Holdings Limited ("LKNII Disposal").
As announced by the Company on October 31, 2017, LKNII ha... |
China Yuchai Announces Acquisition of 100% of Jining Yuchai Engine Company Limited
|SINGAPORE, Nov. 28, 2017 /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 has acquired all the issued shares in Jining Yuchai Engine Company Limited ("Jining Yuchai") for a cash consideration of RMB250,000 ("Acquisition") from the existing ... |
China Yuchai Receives First Order From BAIC Group For Passenger Vehicle Engines
|SINGAPORE, Nov. 22, 2017 /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 has received its first order from Beijing Automotive Group Co., Ltd. ("BAIC Group") for 600 YC4Y20 engines that will be used to power BAIC Group's Beiqi B40L SUVs tha... |
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