China Yuchai International, Ltd.
NYSE:
CYD
China Yuchai International Limited ("CYI") is a Bermuda holding company established on April 29, 1993. CYI is a subsidiary of Singapore-based Hong Leong Asia Ltd ("Hong Leong Asia") and it is listed on the New York Stock Exchange, with major operations in China.
The Group's principal operating subsidiary Guangxi Yuchai Machinery Company Limited ("GYMCL") is one of the largest engine manufacturers in China. Located in Yulin City, Guangxi Zhuang Autonomous Region in southern China, 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, and marine and agriculture applications in China. GYMCL also produces engines for 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, GYMCL distributes its engines directly to original equipment manufacturers and retailers and provides maintenance and retrofitting services throughout China.
GYMCL's products range from 1.2L to 105.6L over 10 engine platforms with a power range from 60PS to 3,600PS. In its current portfolio, the number of engine series offerings is 30 and GYMCL is intending to further expand its reach in the on-road diesel and natural gas engine markets as well as in the off-road market with improved product offerings such as higher rating agricultural engine, high horsepower marine diesel engine and power generator engine. GYMCL produces diesel and natural gas engines compliant with China National V emission standards and has the ability to produce certain diesel and natural gas engines compliant with China National VI emission standards as well as develop alternative fuels and environmentally friendly plug-in hybrid diesel and gas engines with improved fuel efficiency. GYMCL also has the ability to produce diesel engines compliant with China Tier 4 emission standards for use in off-road machinery.
Key Facts
Auditor
Public Listing
Domicile
HQ/Management
Location of Key Operations
IR Contact
Ernst & Young LLP
IPO (December 10, 1994)
Bermuda
Yulin, Guangxi, China
Yulin, Guangxi, China
Kevin Theiss, Awaken Advisors
212-521-4050
Analyst Coverage
Greenridge Global
Latest News
September 24, 2021: China Yuchai Repositions Long-Term Growth Strategy Through Investment in New Energy Technologies | China Yuchai International Limited (cyilimited.com)
June 22, 2021: China Yuchai International Limited Notice of Annual General Meeting | China Yuchai International Limited (cyilimited.com)
June 10, 2021: China Yuchai International to Pay US$1.70 Per Share Cash Dividend for FY2020 | China Yuchai International Limited (cyilimited.com)
June 3, 2021: China Yuchai Appoints New Chief Financial Officer | China Yuchai International Limited (cyilimited.com)
May 14, 2021: China Yuchai Announces Board Changes | China Yuchai International Limited (cyilimited.com)
March 17, 2021: Mr. Li Hanyang Appointed Chairman of China Yuchai's Subsidiary
February 25, 2021: China Yuchai International Ltd (CYD) Q4 2020 Earnings Call Transcript
February 24, 2021: China Yuchai International Announces Unaudited Results of the Second Half Year and the Full Year Ended December 31, 2020
February 10, 2021: China Yuchai International to Announce 2020 Unaudited Second Half and Annual Financial Results on February 24, 2021