Yuchai's Engines Powered Yutong Buses Won Major Contract in Nanjing

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Jan 11, 2023, 06:00 ET

SINGAPORE, Jan. 11, 2023 /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 Yuchai's model YCA07N hybrid engines are propelling the 10-meter gas-electric hybrid buses produced by the largest bus producer in China, Yutong Group Co., Ltd. ("Yutong"), and delivered to a bus operating customer in the City of Nanjing. These new buses provide Nanjing residents with a low-emission and comfortable travel experience.

This customer is one of Nanjing's public transportation service providers and has ordered more than 1,200 buses all powered by Yuchai engines. As a loyal user of GYMCL since 2020, the customer was an early adopter of GYMCL's National-VI emission engines and the YCA07N engine equipped with a hybrid system.

Yuchai's YCA07N engine power range covers 190 to 260 horsepower, and propels 8.5 to 10.5 meter natural gas public transit buses, 8.5 to 10 meter natural gas long haul coach buses and 10 to 12 meter hybrid power models. With the advantages of strong power with low consumption, and high reliability and durability, Yuchai's YCA07N has recently won large bus orders in major cities including Wuhan and Nanjing.

Weng Ming Hoh, President of China Yuchai, commented, "This new order demonstrates that our hybrid engine development can achieve new levels of operating performance, reliability and durability to make them the preferred bus propulsion units in key markets. In addition, the advantages of Yuchai's hybrid engines have been recognized by customers as indicated by being a supplier of these bus engines to Yutong."

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.

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For more information:

Investor Relations
Kevin Theiss
Tel: +1-212-510-8922
Email: [email protected]

SOURCE China Yuchai International Limited