China Yuchai’s 2013 Engine Sales Expected to Exceed 500,000 units
SINGAPORE, Dec. 27, 2013 /PRNewswire/ — China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”), announced today that engine sales by its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (“GYMCL”) is expected to exceed 500,000 units in 2013 compared with 431,350 units in 2012.
GYMCL’s total unit sales in 2013 is anticipated to exceed the average growth in the engine industry in China.
Guangxi Yuchai Machinery Company Limited (“GYMCL”)
HL Global Enterprises Limited (“HLGE”)
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 array of light-duty, medium-duty and heavy-duty diesel engines for construction equipment, trucks, buses and cars in China. GYMCL also produces diesel power generators, which are primarily used in the construction and mining industries. Through its regional sales offices and authorized customer service centers, the Company distributes its diesel engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. In 2012, GYMCL sold 431,350 diesel engines and is recognized as a leading manufacturer and distributor of diesel engines in China.