China Yuchai Introduces New High-Powered Marine Engine

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Mar 10, 2020, 06:30 ET

SINGAPORE, March 10, 2020 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or "the Company"), a leading automotive manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), announced today that GYMCL has introduced an advanced high-powered marine engine to address the growing demand of the domestic marine industry, particularly vessels in the yacht class.

Stronger, lighter and more compact engines are typically required for the drivetrain in the yacht class of boats. The mainstream product market for Chinese boat engines is presently monopolized by imported brands.

To address this market opportunity, GYMCL launched a high-powered boat engine project in 2019. The new boat engine optimizes the existing design of the Yuchai model YC6MJ engine with innovative technology tailored for the yacht-class engine requirements.

A number of innovative technologies were integrated into Yuchai's unique core technologies in developing the YC6MJ marine engine. These innovations have resulted in the YC6MJ marine engine's kilowatt-to-liter power being increased to 50.1kW/L, with a weight-to-power ratio of the YC6MJ at 2.0kg/kW, and the volume-to-power ratio has reached 0.003m³/kW.

After the completion of bench testing, the marine YC6MJ model will quickly enter the OEM certification phase.

Mr. Weng Ming Hoh, President of China Yuchai, commented, "We are again using our extensive engine expertise and broad product breadth to fill a domestic Chinese market opportunity. The YC6MJ engine will deliver to our customers advanced yacht-class engine performance."

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 2018, GYMCL sold 375,731 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:

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Investor Relations
Kevin Theiss
Tel: +1-212-521-4050
Email: [email protected]

SOURCE China Yuchai International Limited