Guangxi Yuchai Machinery Group Co., Ltd.

Company Profile

■URL

http://www.yuchai.com/

■Address

No.2, Yuchai Road, Yuzhou District, Yulin City, Guangxi 537005, China

Business Overview

-The Company is a state-owned diesel engine manufacturer established in 1951. It manufactures diesel engines for automobiles and industrial-machinery as well as their components.

-The Company is engaged in the following lines of business:

Engine production and related operations
Logistics and supply chain services
New-energy businesses and services in electric-power and automotive segments

-The Group has major subsidiaries, such as Guangxi Yuchai Power Co., Ltd., which are located, for example, in Guangxi, Guangdong, Jiangsu, Anhui, Shandong, Hubei, Sichuan, Chongqing, Liaoning, etc.

-In 2019, the Company entered into a strategic partnership with Huawei. The parties will cooperate in the areas of digitalization and intelligent factory construction.

-In the first half of 2020, Guangxi Yuchai New Energy Vehicle Co., Ltd., a Group company, acquired production qualification to build new-energy commercial vehicles.

-Yuchai Group sold a total of 595,300 engines in 2021, an increase of 11.37% year-over-year, and achieved sales revenue of CNY 47.992 billion. The Group’s target is to achieve powertrain sales of over 1 million units and sales revenue of over CNY 70 billion by 2025.

Shareholders

-State-owned

(As of Dec. 31, 2021)

Shareholder	Share ratio (%)
State-owned Assets Supervision and Administration Commission of the People's Government of Guangxi Zhuang Autonomous Region	86.91
Other	13.09
Total	100

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Products

Diesel Engines for trucks/buses
Natural gas engines for trucks/buses

Engines for passenger cars

Other components
-Filters
-Cylinder blocks
-Cylinder heads
-Crankshafts
-Starters
-Generators
-Camshafts
-Oil pans
-Clutch housings
-Flywheels
-Flywheel ring gears
-Engine bearing caps
-cooled exhaust pipes
-Axle housings
-Air chamber brackets
-Diesel engine gears
-Transmission gears

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History

1951	The Company established Yulin Quantang Industrial Plant.
1992	The Company adopted a new name, Yuchai Machinery (Guangxi) Group Co., Ltd., and established a new subsidiary, Guangxi Yuchai Machinery Co., Ltd.
Feb. 1993	The five largest shareholders of the Company jointly established China Yuchai International Limited in Singapore, which became the top shareholder of Guangxi Yuchai Machinery Co., Ltd.
Dec. 1994	China Yuchai International Limited was listed on the New York Stock Exchange.
Jul. 2007	The Company established Guangxi Yuchai Engineering Research Institute to conduct research and development activities for diesel engines.
Aug. 2009	The Company established Yuchai United Power, jointly with China International Marine Containers (Group) Ltd. (CIMC) and Chery Automobile.
Mar. 2011	The Company established CSR Yuchai Nanjun Engine Co., Ltd. jointly with China South Locomotive & Rolling Stock Corporation Limited (CSR) and Sichuan Nanjun Automobile Group Co., Ltd.
Jun. 2013	The Company established Baotou Beiben Yuchai Engine Co., Ltd. in Baotou, Inner Mongolia jointly with Baotou Beifang Chuangye Co., Ltd., Beiben Trucks Group Co., Ltd., and Y&C Engine Co., Ltd.
Sep. 2014	The Company turned Yuchai Rebuilt Industry (Suzhou) Co., Ltd. into its wholly owned subsidiary by acquiring the remaining 49 percent share owned by Caterpillar (China) Investment CO., Ltd., its former joint venture partner.
May. 2016	Guangxi Yuchai Industry New City Investment Development Co., Ltd., the Company's subsidiary, established a joint venture with Yulin Yinlun Ecotechnology Co., Ltd.
Mar. 2018	Yuchai Group's joint venture, Guangxi UST Sensor Technology Co., Ltd., celebrated its operational launch.
Oct. 2018	Established Eberspaecher Yuchai Exhaust Processing System with Eberspaecher Exhaust Technology International GmbH.
Nov. 2019	Group company, Guangxi Yuchai Machinery Monopoly Development (YMMC), established Vietnam Yuchai Machinery Services Co., Ltd. (VYMS).
May. 2020	Guangxi Yuchai New Energy Vehicle Co., Ltd., a group company, acquired production qualification to build new-energy commercial vehicles.
Apr. 2021	The company has established Yuchai Advanced Technology Research Institute.