June 24, 2014
/PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that new-energy buses running on engines supplied by the Company's main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), have been launched in Fushun City ("Fushun"),
located in Northeast China.
As a national pilot city for new-energy buses, Fushun has made its first large purchase of new-energy buses from Zhengzhou Yutong Bus Company. Out of the 800 new buses ordered, 600 buses were installed with GYMCL's gas-electric hybrid engines with the remaining 200 buses running on GYMCL's liquefied natural gas engines.
Officials from the Fushun municipal government, representatives from GYMCL and Zhengzhou Yutong Bus Company attended the new-energy bus launch event.
Weng Ming Hoh
, President of China Yuchai, commented, "The introduction of new-energy buses in Fushun shows the determination of the Chinese government to improve the environment through the reduction of harmful emissions. We are receiving increasing demand for our hybrid and natural gas engines to provide solutions for reducing engine emissions and improving fuel efficiency. The selection of GYMCL's engines by Fushun is an endorsement of our superior design and product quality and we are well positioned to benefit from the expected market expansion of new-energy vehicles."
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
. 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
. Founded in 1951, GYMCL has established a reputable brand name, strong research and development team and significant market share in
with high-quality products and reliable after-sales support. In 2013, GYMCL sold 500,756 engines and is recognized as a leading manufacturer and distributor of engines in
. For more information, please visit
Safe Harbor Statement
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