SINGAPORE, July 7, 2017 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that engines produced by its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), have, for the first time, entered the Cambodian bus market through a batch order.
Ninety-eight Yutong buses powered by GYMCL's YC6G240-30 and YC4G180-30 engines have been exported to Cambodia's capital Phnom Penh. These new buses support the Cambodian government's new public transportation plans for the capital city.
GYMCL's YC6G240-30 is a 7.8 liter, 6-cylinder diesel engine rated at 177 kW at 2200 rpm. Its main applications are for buses and coaches of 11 to 12 meters in length. The YC4G180-30 engine is a 5.2 liter, 4-cylinder diesel variation of the YC6G engine platform. It is rated at 132 Kw at 2300 rpm. Its main applications are for buses and coaches between 7.8 to 9 meters.
Phnom Penh is the capital and most populous city of Cambodia. As the national capital, it is Cambodia's economic, industrial and cultural center. Once known as the "Pearl of Asia", it has become a significant global and domestic tourist destination.
Mr. Weng Ming Hoh, President of China Yuchai, commented, "We are excited to extend our market penetration into the Cambodian market. Our neighboring Southeast Asian markets are important avenues for the export of our advanced engines. The advanced performance and reliability of our products and our superior after-sales service provide an attractive package for our customers. We look forward to continuing our sales growth in the global markets."
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.
Safe Harbor Statement
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe", "expect", "anticipate", "project", "targets", "optimistic", "intend", "aim", "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and condition. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. The Company specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.
For more information, please contact:
Kevin Theiss
Phone: +1 646-726-6511
Email: cyd@bluefocus.com
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