Industry Press Releases

China Yuchai wins order to supply over 600 Bus Engines to Shenzhen Western Bus Co., Ltd

Thursday, Jun 11, 2015
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China Yuchai International Limited, announced today that its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), has won a competitive bid to supply over 600 National IV compliant diesel engines to Shenzhen Western Bus Co., Ltd. ("Western Bus").

Western Bus set high requirements for reliability, performance, energy conversation, emissions reduction, and service as the key criteria for the bidding evaluation. As a result, only three brands were considered. After strict evaluation, the orders were awarded to GYMCL.

Weng Ming Hoh, President of China Yuchai, commented, "Our wide range of industry-leading domestic engines and superior service enabled us to win this highly competitive bid. For many years, we have been the front runner in product upgrade and introduced 'first to market' engines compliant with emission standards beyond the then current requirements. We were the first to introduce National IV engines in 2008 well before that standard was implemented and enforced nationwide and we already have available National V and VI-compliant diesel engines. This order has laid a solid foundation in 2015 for us to further develop our reach into the Shenzhen market and maintain our leadership in the bus segment."

About China Yuchai International

China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), 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. GYMCL also produces diesel power generators. The engines produced by GYMCL range from diesel to natural gas and hybrid engines. Through its regional sales offices and authorized customer service centers, the Company distributes its engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, GYMCL has established a reputable brand name, strong research and development team and significant market share in China with high-quality products and reliable after-sales support. In 2014, GYMCL sold 483,825 engines and is recognized as a leading manufacturer and distributor of engines in China. For more information, please visit http://www.cyilimited.com

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", "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 are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and condition. 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 maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.

For more information, please contact:

Kevin Theiss
Grayling
Tel: +1-646-284-9409
Email: cyd@grayling.com

 

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