SINGAPORE, Jan. 23, 2015 /PRNewswire/ -- China Yuchai
International Limited (NYSE: CYD) ("China Yuchai" or the "Company")
announced today that a "K-Gold" model C&C truck equipped with
the YC6K1340N liquid natural gas ("LNG") engine, has won the "Fuel
Efficient Heavy-Duty Truck of the Year 2014" at China's largest annual commercial vehicle
("CV") event.
The "2014 Commercial Vehicles of the Year" competition was
hosted in Beijing by Commercial
Motor World Magazine, the leading CV magazine. The event was
co-hosted by the Research Institute of Highway Ministry of
Transport, the China Automotive Technology & Research Center,
the Beijing Institute of Technology, and Tongji, Chang'An and
Beihang Universities. Competitors included FAW Jiefang, Sinotruk,
Auman Truck, SAIC-IVECO Hongyan and others.
The YC6K13N series of engines are produced by Y&C Engine
Co., Ltd. ("Y&C"). Y&C is a joint venture of China Yuchai's
main operating subsidiary, Guangxi Yuchai Machinery Company Limited
with Shenzhen City Jiusi Investment Management Co., Ltd. and Jirui
United Heavy Industry Co., Ltd, a company jointly established by
China International Marine Containers Group Ltd. and Chery
Automobile Co., Ltd.
The YC6K1340N engine has the largest displacement and highest
torque power among comparable natural gas engines in China. By utilizing lean-burn technology, it
reduces average energy consumption by approximately 25% compared
with diesel engines of similar size and power. The model YC6K1340N
is the only engine in China that
utilizes the JACOBS in-cylinder brake technology, and has LNG
braking power up to 17Kw/L.
Mr. Weng Ming Hoh, President of
China Yuchai, commented, "We are pleased that our YC6K13N engine
has, once again been recognized as the leader in fuel conservation,
emissions control and high performance in its engine category. We
continue to invest in research and development to improve our broad
portfolio of engines to offer customers advanced solutions in
performance, durability, fuel conservation and emissions control.
We are committed to being a leader in engine technology in
China."
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 2013, GYMCL sold 500,756 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",
"target", "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
Grayling
Tel: +1-646-284-9409
Email: cyd@grayling.com
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SOURCE China Yuchai International Limited