China Yuchai Supplies Bus Engines to Saudi Arabia

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Feb 24, 2017, 04:00 ET

SINGAPORE, Feb. 24, 2017 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), a leading 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 that 321 units of Xiamen Kinglong buses have been purchased by the Saudi Arabia Public Transport Company (SAPTCO) for use in Mecca. These municipal buses are all powered by GYMCL's YC6MK380 and YC6L280 heavy-duty engines. Prior to this order, in 2013 and 2015, a total of approximately 1,800 engines supplied by GYMCL were assembled in Xiamen Kinglong's buses which were exported to Saudi Arabia.

GYMCL's engines are used in over 90% of buses in Saudi Arabia. Mecca, as the world's holiest site in Islam, receives millions of people on pilgrimage every year creating a daunting challenge for the city's transportation system. Safe and reliable mass transit is hence a high priority for the city authorities.

The model YC6MK380 is a turbocharged, 6-cylinder diesel engine with a 10.34-liter displacement. The model YC6L280 is a compact, light-weight turbocharged, 6-cylinder diesel engine with an 8.42-liter displacement.

Mr. Weng Ming Hoh, President of China Yuchai, commented, "International markets are an important growth area for us and GYMCL was one of the earliest Chinese engine manufacturers to address the needs of the Saudi Arabia bus market. Our engines' reliability, pricing and proven operating performance combined with our extensive service network in the Middle East, has made us the preferred bus engine supplier in the region."

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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SOURCE China Yuchai International Limited