MTU Yuchai Power Announces Major Production Milestone

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Apr 14, 2022, 06:00 ET

SINGAPORE, April 14, 2022 /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 today that, MTU Yuchai Power Co., Ltd ("MTU Yuchai Power"), a 50-50 joint venture between GYMCL and MTU Friedrichshafen GmbH ("MTU"), a subsidiary of Rolls-Royce Power Systems (LON: RR), has produced its 1,000^th unit of the renowned MTU Series 4000 high-horsepower diesel engines.

The MTU Series 4000 of diesel engines produces power outputs ranging from 1,400 to 3,490 kW, primarily for the Chinese off-road market, and is especially suited for power generation, mining and oil and gas markets.

Established in early 2017, MTU Yuchai Power began operations in April 2018 at GYMCL's main production plant in Yulin City. The joint venture uses similar manufacturing processes as in Germany, resulting in the highest quality production of high-end, high-speed, high-power MTU Series 4000 engines at the world's best-in-class technical level. By December 2018, MTU Yuchai Power produced its first 100^th MTU Series 4000 engine. In December 2020, MTU Yuchai Power produced its 500^th MTU Series 4000 engine.

Weng Ming Hoh, President of China Yuchai, commented, "The MTU Series 400 engines have added new high-horsepower products at the top of our engine portfolio and introduced us to more new customers in the Chinese powertrain market. Sales of MTU Series 4000 engines produced by MTU Yuchai Power were at record levels in 2021."

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, GYMCL 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 2021, GYMCL sold 456,791 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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For more information:

Investor Relations
Kevin Theiss
Tel: +1-212-510-8922 (new)
Tel: +1-212-521-4050 (old)
Email: [email protected]

SOURCE China Yuchai International Limited