Potential Listing of China Yuchai's Subsidiary
China Yuchai International (NYSE: CYD) announced that one of its indirect subsidiaries is exploring a potential listing on a foreign stock exchange. The company has initiated preparatory work, including due diligence and potential corporate reorganization for the listing process.
The potential listing remains in preliminary stages and is contingent on multiple factors including regulatory approvals and market conditions. The company emphasized that there is no guarantee the listing will materialize.
China Yuchai International (NYSE: CYD) ha comunicato che una sua controllata indiretta sta valutando la possibilità di quotarsi su una borsa estera. La società ha avviato le attività preparatorie, comprese le verifiche di due diligence e una possibile riorganizzazione societaria necessaria per il processo di quotazione.
La prospettiva di quotazione è ancora in fase preliminare e dipende da diversi fattori, tra cui l'approvazione normativa e le condizioni di mercato. L'azienda ha sottolineato che non vi è alcuna certezza che la quotazione si realizzi.
China Yuchai International (NYSE: CYD) anunció que una de sus filiales indirectas está analizando una posible cotización en una bolsa extranjera. La compañía ha comenzado los trabajos preparatorios, incluida la debida diligencia y una posible reorganización corporativa para el proceso de cotización.
La posible cotización se encuentra todavía en fase preliminar y depende de múltiples factores, como las aprobaciones regulatorias y las condiciones de mercado. La empresa destacó que no hay garantía de que la cotización llegue a concretarse.
China Yuchai International (NYSE: CYD)는 자사의 간접 자회사 중 하나가 해외 증시에 상장 가능성을 검토하고 있다고 밝혔습니다. 회사는 상장 절차를 위해 실사(due diligence)와 잠재적 기업구조 개편을 포함한 준비 작업을 시작했습니다.
상장 검토는 아직 초기 단계에 있으며 규제 승인과 시장 상황 등 여러 요인에 따라 달라질 수 있습니다. 회사는 상장이 반드시 이루어지는 것은 아니라고 강조했습니다.
China Yuchai International (NYSE: CYD) a annoncé qu'une de ses filiales indirectes envisage une éventuelle introduction en bourse sur une place étrangère. La société a engagé des travaux préparatoires, incluant des démarches de due diligence et une éventuelle réorganisation d'entreprise en vue de l'introduction.
Cette possible introduction reste à un stade préliminaire et dépend de plusieurs facteurs, notamment des approbations réglementaires et des conditions de marché. L'entreprise a précisé qu'aucune garantie n'existe quant à la réalisation de cette opération.
China Yuchai International (NYSE: CYD) teilte mit, dass eine ihrer indirekten Tochtergesellschaften eine mögliche Notierung an einer ausländischen Börse prüft. Das Unternehmen hat vorbereitende Maßnahmen eingeleitet, einschließlich Due-Diligence-Prüfungen und einer möglichen gesellschaftsrechtlichen Umstrukturierung für den Börsengang.
Die mögliche Notierung befindet sich noch in einem vorläufigen Stadium und hängt von mehreren Faktoren ab, darunter behördliche Genehmigungen und die Marktbedingungen. Das Unternehmen betonte, dass es keine Garantie für die Realisierung der Notierung gibt.
- Potential value creation through subsidiary listing on foreign exchange
- Strategic move to unlock shareholder value through corporate restructuring
- Opportunity for separate market valuation of subsidiary business
- No certainty of listing completion due to regulatory and market conditions
- Potential complexity in corporate structure after subsidiary listing
- Additional compliance and regulatory requirements if listing proceeds
The Potential Listing is in its preliminary stages and is dependent on, inter alia, the results of the due diligence to be carried out on the Potential Listing Subsidiary and other preparatory work to be undertaken, including any corporate reorganization, requisite approvals from the relevant regulatory authorities being obtained as well as the then-prevailing market conditions. Accordingly, there is no certainty or assurance that the Potential Listing will materialise in due course or at all.
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This announcement is not an offer of securities for sale in
About China Yuchai International
China Yuchai International Limited, through its subsidiary Guangxi Yuchai Machinery Company Limited ("Yuchai"), is one of the leading powertrain solution providers in China. Yuchai specializes in the design, manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications. Yuchai offers a comprehensive portfolio of powertrain solutions, including but not limited to diesel, natural gas, and new energy products such as pure electric, range extenders, and hybrid and fuel cell systems. Through its extensive network of regional sales offices and authorized customer service centers, Yuchai distributes its engines directly to auto OEMs and distributors while providing after-sales services across
Safe Harbor Statement:
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe", "expect", "anticipate", "project", "targets", "optimistic", "confident that", "continue to", "predict", "intend", "aim", "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements, including, but not limited to, statements concerning China Yuchai's and the joint venture's operations, financial performance and condition, are based on current expectations, beliefs and assumptions which are subject to change at any time. China Yuchai cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic and social conditions around the world and in
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Investor Relations
Kevin Theiss
Tel: +1-212-510-8922
Email: cyd@bluefocus.com
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SOURCE China Yuchai International
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