CYD News & Events

China Yuchai International announced that a small batch of commercial minibuses equipped with Yuchai's YCY24-65kW Flywheel Range Extender System has been launched by Wisdom Motor in Hong Kong SAR. The system delivers an efficient and eco-friendly propulsion solution for local transport across a wide range of operational conditions, while supporting the transition to more sustainable transportation in the Guangdong-Hong Kong-Macao Greater Bay Area.

China Yuchai introduced its first high-pressure, direct-injection internal combustion engine capable of operating entirely on ammonia and designed for heavy-duty commercial vehicles.

China Yuchai announced that Yuchai has acquired 83,918,495 shares of Nanyue Diankong, or NYDK, representing a 27.97% equity interest, for a consideration of approximately RMB 176.2M in cash. Following the acquisition, Yuchai has become the second-largest shareholder of NYDK. Yuchai has also entered into a concerted action agreement with Hunan Hengyang Auto Parts Factory, the largest shareholder of NYDK. This agreement enables Yuchai to secure operational control over NYDK, including, among other things, the right to nominate six out of nine directors on NYDK's board of directors and designate its general manager.