SINGAPORE, June 11, 2015 /PRNewswire/ -- China Yuchai
International Limited (NYSE: CYD) ("China Yuchai" or the
"Company"), announced today that its main operating subsidiary,
Guangxi Yuchai Machinery Company Limited ("GYMCL"), has won a
competitive bid to supply over 600 National IV compliant diesel
engines to Shenzhen Western Bus Co., Ltd. ("Western Bus").
Western Bus set high requirements for reliability, performance,
energy conversation, emissions reduction, and service as the key
criteria for the bidding evaluation. As a result, only three brands
were considered. After strict evaluation, the orders were awarded
to GYMCL.
Weng Ming Hoh, President of China
Yuchai, commented, "Our wide range of industry-leading domestic
engines and superior service enabled us to win this highly
competitive bid. For many years, we have been the front runner in
product upgrade and introduced 'first to market' engines compliant
with emission standards beyond the then current requirements. We
were the first to introduce National IV engines in 2008 well before
that standard was implemented and enforced nationwide and we
already have available National V and VI-compliant diesel engines.
This order has laid a solid foundation in 2015 for us to further
develop our reach into the Shenzhen market and maintain our leadership in
the bus segment."
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 2014, GYMCL sold 483,825 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
Grayling
Tel: +1-646-284-9409
Email: cyd@grayling.com
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SOURCE China Yuchai International Limited