SINGAPORE, Dec. 22, 2016 /PRNewswire/ -- China Yuchai
International Limited (NYSE: CYD) ("China Yuchai" or the
"Company"), a leading manufacturer and distributor of engines for
on- and off-road applications in China through its main operating subsidiary,
Guangxi Yuchai Machinery Company Limited ("GYMCL"), announced today
that it has delivered a total of 303 hybrid engines to
Inner-Mongolia Tian'an Public Transportation Group and Lanzhou Mass
Transit Company. All of these engines are compliant with National V
emission standards.
The Lanzhou Mass Transit Company recently put 288 new
environmentally-friendly buses into service, 280 of which are
12-meter coach buses powered by GYMCL's YC6J210N hybrid engines.
This turbocharged engine displaces 7.8 liters for medium-size
commercial vehicles. The remaining 8 buses run on GYMCL's YC6MKN
heavy-duty natural gas engines with a 10.3 liter displacement,
which are designed for larger coach buses. Lanzhou, the capital of Gansu Province and a major industrial city in
Western China, has been plagued by
increasing environmental pollution in recent years. Additionally,
GYMCL delivered 15 natural gas-electric hybrid engines to the
Inner-Mongolia Tian'an Public Transportation Group in Erdos City
and Xilinhot City.
Mr. Weng Ming Hoh, President of China Yuchai, commented,
"We continue to expand our geographic footprint in China and to extend our technological
leadership in the new energy bus market. In September 2016, we also announced China's first gas-electric hybrid powertrain
system for China's truck market.
As the dominant supplier of hybrid engines in the Chinese bus
market, we strive to introduce best-in-class natural gas-electric
engines and diesel-electric hybrid engines to improve fuel
efficiency and reduce emissions in many more urban markets across
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 2015, GYMCL sold 364,567 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:
Investor Relations
Dixon Chen
Tel: +646-726-6511
Email: cyd@bluefocus.com
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SOURCE China Yuchai International Limited