China Yuchai Controls 95% of the Pakistan Municipal Bus Engine Market

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Apr 06, 2017, 06:30 ET

SINGAPORE, April 6, 2017 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that engines produced by its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL") and installed in 200 Yutong buses were put into use in Lahore's Bus Rapid Transit (BRT) system in Pakistan. Lahore is Pakistan's second largest city and a key municipal bus market.

Mr. Weng Ming Hoh, President of China Yuchai, commented, "Since 2012, we have won a number of orders for the supply of our bus engines to power the public transportation systems of Islamabad and Lahore. Our dominant position in the municipal bus markets of these two key cities is the result of our engines being recognized for its reliable performance and our strong after-sales service support. A further 100 bus engines will also be supplied to the city of Multan further extending GYMCL's coverage in Pakistan."

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 2016, GYMCL sold 320,424 engines and is recognized as a leading manufacturer and distributor of engines in China. For more information, please visit http://www.cyilimited.com.

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Kevin Theiss
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SOURCE China Yuchai International Limited