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Kunming Yunnei Power Co., Ltd. Business Report FY ended Dec. 2022
Financial Overview |
(CNY millions) |
| FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | Rate of change | |
| Sales | 4,790.23 | 8,029.55 | (40.34) |
| Operating income | (1,299.18) | 57.72 | ‐ |
| Ordinary income | (1,297.97) | 56.80 | ‐ |
| Net income | (1,308.56) | 74.93 | ‐ |
R&D Expenditure |
(CNY millions) |
| FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | FY ended Dec. 31, 2020 | |
| R&D Expenditure | 428.51 | 620.76 | 413.83 |
| Ratio of R&D expenses to sales | 8.95 | 7.73 | 4.13 |
-As of Dec. 31, 2022, the Company has 341 R&D staff, accounting for 13.10% of the total staff.
R&D structure
-The Company has established a “one department and five center" framework, consisting of the Science and Technology Management Department, Kunming Technology Center, Information Center, Eastern Technology Center, Chengdu Gas Development Center and Shandong Technology Center. In addition, it has set up four R&D centers, one each in Kunming, Chengdu, Wuxi and Shandong.
| Facility | Location | Services |
| Technology Management Department | Yunnan Kunming |
R&D project management, technology management |
| Kunming Technical Center | Product engineering prototype development | |
| Information Center | Information management | |
| Chengdu Gas Development Center | Sichuan Chengdu |
Natural-gas-engine development, off-road-vehicle development |
| Eastern Technical Center | Jiangsu Wuxi |
Product design, aftertreatment assemblies, calibration of engines and complete vehicles, powertrain for New Energy Vehicles |
| Shandong Technical Center | Shandong Qingzhou |
Development of off-road vehicles |
Industry-University Collaboration Project
-The project members include FEV Engine Technology, Bosch, Beijing University of Technology, Tongji University, Kunming University of Technology and other domestic and international companies and universities.
| Research Facility Name | Partners | Partnership Details |
| FEV High Altitude Engine Test Laboratory | FEV Motorentechnik GmbH & CO. KG | Joint development of diesel engines. |
| Yunnan Power Equipment Industry-Academia-Institute Joint Research and Development Center for Research and Development of Power Equipment Products | Kunming University of Technology | Development of diesel engines for light-duty commercial vehicles. |
| Internal Combustion Engine Engineering Centre of Beijing University of Technology | Beijing Institute of Technology | Development of electronically controlled high-pressure common-rail diesel engines for small vehicles. |
| Su Wanhua Academician Workstation | Tianjin University | To make the four-valve, electronically controlled, high-pressure, common-rail diesel engine developed by Yunnai Power comply with the China-4 Regulation so it can be used in light-duty commercial vehicles. |
| Combined Engine Laboratory | Tongji University, Shanghai Electric Power Driving Co., Ltd. | Joint development of hybrid powertrains for passenger cars. |
| China Automotive Research & Testing Center (Kunming) Co. | China Automotive Technology Research Centre Limited Yunnan Precious Metals New Materials Holding Group Co., Ltd. |
Testing of vehicles and components. |
Patents
-As of December 31, 2022, the company held a total of 295 active patents in the engine field, including 201 utility model patents, 64 appearance patents, and 30 invention patents. (From the 2022 Annual Report)
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