China Yuchai International Limited (“China Yuchai”) is a Bermuda holding company established on April 29, 1993 and listed on the New York Stock Exchange under symbol CYD, with major operations in China. It is a subsidiary of Singapore-based Hong Leong Asia Ltd.
China Yuchai, through six wholly owned subsidiaries, owns a controlling 76.4% equity interest in its principal operating subsidiary, Guangxi Yuchai Machinery Company Limited (“Yuchai”). Located in Yulin City, Guangxi Zhuang Autonomous Region, Yuchai was founded in 1951 and has become one of the largest engine manufacturers for commercial vehicles in China. It 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. Yuchai also produces engines for diesel power generators. The engines produced by Yuchai range from diesel to natural gas to hybrid engines. Through its regional sales offices and authorized customer service centers, Yuchai distributes its engines directly to OEMs and retailers, agents and provides maintenance and retrofitting services throughout China.
Yuchai’s products range from 1.4L to 105.6L over 10 engine platforms with a power range from 80kW to 2,650kW. In its current portfolio, the number of engine series offerings is 30. Yuchai continues to invest in developing engines and technologies in compliant with the emission standards upgrade. Its portfolio of National VI engines are well positioned to meet the new emission standards which are mandatory to be implemented national wide in July 2021.
Yuchai 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. In 2020, Yuchai sold 430,320 engines and is recognized as a leading engine manufacturer and distributor in China.
China Yuchai also holds a 48.9% shareholding interest in HL Global Enterprises Limited (“HLGE”) which is listed on the main board of the Singapore Exchange. HLGE currently operates the Copthorne Hotel Cameron Highlands, a hotel in Cameron Highlands, Malaysia.
|Data as of 08/05/21 3:55 PM EDT|
Data Provided by Refinitiv. Minimum 15 minutes delayed.