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 as well as complete parts and component parts for automobiles and industrial-machinery. 

-In the first half of 2020, Guangxi Yuchai New Energy Vehicle Co., Ltd., a group company, obtained certification to build new-energy commercial vehicles. 

-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. 

- China Yuchai International Limited has been listed on the New York Stock Market since 1994.

-In the fiscal year that ended in December 2020, the unit production of automotive engines increased 24.3% year-on-year, to 545,348 units, while the unit sales increased 16.9% year-on-year to 541,214 units. 

Shareholders

-State-owned (As of Dec. 31, 2020)
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

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
-Water-cooling Exhaust Tubes
-Axle Housings
-Air Chamber Brackets
-Diesel engine gears
-Transmission gears

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), 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, obtained certification to build new-energy commercial vehicles. 
Apr. 2021 The company has established Yuchai Advanced Technology Research Institute.

Supplemental Information 1