Welcome to our dedicated page for China Yuchai Intl news (Ticker: CYD), a resource for investors and traders seeking the latest updates and insights on China Yuchai Intl stock.
China Yuchai International Limited (NYSE: CYD) is a Bermuda holding company whose main operating business is conducted through Guangxi Yuchai Machinery Company Limited ("Yuchai") in China. This news page aggregates company-issued updates and regulatory announcements related to CYD, with a focus on its engine and powertrain activities.
Yuchai is described by the company as one of the leading powertrain solution providers in China, supplying engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications. News items frequently highlight developments in these markets, such as new engine launches, high-horsepower generator products and expansion of natural gas engine deployments in public transportation fleets.
Recent disclosures have covered topics including the launch of the YC16VTF high-speed, high-horsepower generator engine, the production and delivery of mtu Series 2000 engines by MTU Yuchai Power Co., Ltd., and shipments of high-end cylinder head castings from Guangxi Yuchai Foundry Co., Ltd. to a German customer. Other updates have described deliveries of buses powered by Yuchai natural gas engines to Nuevo León, Mexico, and growth in overseas markets.
Investors and followers of CYD can also find governance and corporate news, such as board appointments and resignations, and announcements about potential listings of subsidiaries or equity investments in component suppliers like Nanyue Diankong (Hengyang) Industrial Technology Company Limited. Financial news, including unaudited half-year results and related commentary on engine sales by segment, is furnished via Form 6‑K filings and associated press releases.
This page provides a centralized view of China Yuchai’s official news flow, allowing readers to review product, financial, strategic and governance developments that the company has chosen to disclose.
China Yuchai International Limited (NYSE: CYD) announced the appointment of Mr. Wong Hong Wai as a Director, effective March 1, 2023. Mr. Wong brings over 35 years of experience across China, Germany, Japan, Singapore, Switzerland, and the U.S. He previously held significant roles at General Motors, including M&A, strategic alliances, and risk management. His expertise is expected to enhance the company's future success. With this appointment, the board comprises 10 members, including three independent directors. Mr. Wong's qualifications include a Bachelor's in Engineering and an MBA from the National University of Singapore.
On February 9, 2023, China Yuchai International Limited (NYSE: CYD) announced new investments aimed at expanding its subsidiary, Yuchai Xin-Lan New Energy Power Technology Co., Ltd.. Three unrelated investors have committed a total of RMB 70 million, enhancing working capital for developing high-power electric drive systems and hybrid technologies. Currently, Yuchai Xin-Lan is 87.7% owned by Guangxi Yuchai Machinery Company Limited (GYMCL). The funds will support production capacity for innovative energy technologies, including fuel cell systems and electric drive systems.
China Yuchai International Limited (NYSE: CYD) will release its 2022 unaudited second half and full year financial results on February 23, 2023, before market open. An earnings conference call is scheduled for 8:00 A.M. EST on the same date, hosted by President Weng Ming Hoh and CFO Choon Sen Loo. Analysts must register in advance, while others can access a live webcast via the investor relations section of the company's website. China Yuchai, through its subsidiary, Guangxi Yuchai Machinery Company Limited, produces a range of engines and diesel generators, having sold 456,791 engines in 2021.
China Yuchai International Limited (NYSE: CYD) announces the successful delivery of hybrid engines for gas-electric buses produced by Yutong Group Co., Ltd. in Nanjing. These buses, powered by Yuchai's YCA07N model, enhance public transport with low emissions and comfort. More than 1,200 units have been ordered by a long-time customer, highlighting Yuchai's reputation for reliability and performance in the hybrid engine market. The YCA07N engines, with a power range of 190-260 horsepower, also secure orders in major cities, reinforcing Yuchai's market presence.
China Yuchai International Limited (NYSE: CYD) announced the transfer of its subsidiaries, Guangxi Yuchai Deyou Engine Systems Co., Ltd. and MTU Yuchai Power Company Limited, to its wholly owned subsidiary, Guangxi Yuchai Marine and Genset Power Co., Ltd. This restructuring aims to consolidate marine and power genset operations, enhancing product lines and service offerings. GYMCL, the operating subsidiary, is a leading engine manufacturer in China, selling 456,791 engines in 2021 and serving various sectors including automotive and marine applications.
China Yuchai International Limited (NYSE: CYD) announces that its subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), has been removed from the U.S. Department of Commerce's Unverified List. This update follows previous communications in October and December 2022. GYMCL continues its operations without major impacts to its supply chain. The company is recognized as a leading engine manufacturer in China, having sold 456,791 engines in 2021. For further inquiries, investor relations can be contacted via email or phone.
On December 5, 2022, China Yuchai International Limited (NYSE: CYD) announced an update regarding its subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL). Following a previous release on October 16, 2022, the U.S. Department of Commerce conducted an end-use check on GYMCL. As of this announcement, GYMCL continues to operate normally without any major supply chain disruptions. The Company remains committed to providing updates on any significant developments in the future.
China Yuchai International Limited (NYSE: CYD) announced that its subsidiary, Guangxi Yuchai Machinery Co., Ltd. (GYMCL), has been added to the U.S. Department of Commerce's Unverified List. This action was taken due to an inability to verify GYMCL's operations satisfactorily. Despite this addition, GYMCL's business continues to operate normally without significant supply chain disruptions. U.S. exporters engaging with GYMCL will need to perform additional due diligence. The company will inform stakeholders of material developments as they arise.
China Yuchai International Limited (NYSE: CYD) announced a significant order for 100 heavy-duty truck engines from Jianghuai Heavy Duty Truck (JAC HD Truck) on September 15, 2022. The order includes YCK08 and YCK11 engines for JAC HD Truck's 8×4 heavy-duty trucks, dump trucks, and 6×4 semi-trailers. These engines comply with National VI emission standards. The partnership with JAC HD Truck highlights the engines' low fuel consumption and high reliability, gaining recognition in the northern China market.
China Yuchai International Limited (NYSE: CYD) announced the successful integration of its 3.5-ton electric drive axle in an EV light-duty bus through its subsidiary Yuchai Xin-Lan. This marks its entry into the full electric light-duty bus market in Nanning, set for rollout in Q3 2022. Additionally, the Yuchai 300kW powertrain system is featured in China’s first smart mining truck, enhancing payload efficiency and reducing emissions. The company is optimistic about growth in these sectors, as indicated by President Weng Ming Hoh.
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