Kunming Yunnei Power Co., Ltd.
Company Profile
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Business Overview
-China's leading supplier of diesel engines for passenger cars, commercial vehicles, and off-road vehicles. The Company operates engine and industrial-electronics businesses.
-The main products are automotive diesel engines and off-road-vehicle diesel engines.
The Company’s automotive diesel engines are featured on the DEV (Yunnei Dewei Power) series and YN (Yunnei) series.
- DEV series: for light-, medium- and heavy-duty trucks, small buses, pick-up trucks, and passenger cars.
- YN series: for light- and medium-duty trucks, construction dump trucks, and small buses.
-The Company supplies dozens of automotive OEMs in China and exports to Europe, South America, Africa, and Southeast Asia.
-The Company produces engines at four sites, which are in Kunming, Chengdu, Qingzhou and Hefei, China, and has an annual production capacity of 750,000 engines. The Company is currently building a production plant with a production capacity to build 100,000 G-Series energy-saving and environmentally-friendly light-duty commercial vehicle gasoline engines.
Shareholders
| Listed on the Shenzhen Stock Exchange | (As of Dec. 31, 2022) |
| Shareholders | Shareholding ratio |
| Yunnan Yunnei Power Group Co., Ltd. | 32.99% |
| Others | 67.01% |
| Total | 100% |
Products
-Commercial vehicle diesel engines
-Passenger car diesel engines
-Diesel engines for off-road equipment
-Natural gas engines
-New energy powertrains
-High-pressure common-rail diesel engines
-High-pressure common-rail natural aspirated engines
-Electrically controlled high-pressure common-rail engines
-Eco-friendly lenergy-saving engines
-Frame assemblies
-Compartment assemblies
-Insulation films
-Sensors
-Water pump assemblies
-Starters
-Injection pump assemblies
-Power steering pumps
-Turbochargers
-Pistons
-Piston rings
-Piston pins
-Cylinder liners
History
| 1956 | Established as Yunnan Diesel Engine Plant. |
| Jul. 1998 | Yunnan Diesel Engine Plant established Kunming Yunnei Power Co., Ltd. |
| Apr. 1999 |
Listed on the Shenzhen Stock Exchange. |
| Jul. 2001 | Acquired Chengdu Diesel Engine Plant and changed the corporate name to Chengdu Yunnei Power Co., Ltd. |
| Jan. 2004 | Acquired Sichuan Huachuan Automobile Co., Ltd. and changed the name of the company to Yunnei Power Dazhou Automobile Co., Ltd. |
| Oct. 2009 | Established Kunming Leimo Power System Co., Ltd., a wholly owned subsidiary in the Kunming Economic and Technology Development Zone. |
| Oct. 2012 | Transferred all shares in Yunnei Power Dazhou Automobile Co., Ltd. |
| Absorption merger of subsidiary, Kunming Leimo Power System Co., Ltd. | |
| The Company established Shandong Yunnei Power Co., Ltd. in Shandong province. | |
| Jan. 2014 | The Company's holding company, Yunnan Diesel Engine Plant, reformed its organization and changed the company’s name to Yunnei Power Group Co., Ltd. |
| Jul. 2014 | The Company established a new subsidiary in Wuxi, Jiangsu, named as Kunming Yunnei Power Co., Ltd.. |
| Dec. 2014 | The Company announced to form a new joint venture, Wuxi Tongrun New Energy Automotive Power Systems Co., Ltd. (tentative name). |
| Jun. 2015 | The Company set up a new company called Wuxi Tongyi Automotive Power Technology Co., Ltd. with Tianjin Santroll Electric Automobile Technology Co., Ltd.and Zhongheng Anxin (Beijing) Smart & Tech Co., Ltd. The Company held 56.67% shares of the new company. |
| Jun. 2017 | The Company's controlling shareholder, Yunnan Yunnei Power Group Co., Ltd, will set up a new company, CATARC Motor Vehicle Plateau Quality Inspection Center (Yunnan) Co., Ltd., jointly with China Automotive Technology and Research Center (CATARC) and Sino-Precious Metals Holding Co., Ltd. |
| Jul. 2017 | The Company established Wuxi Mingheng Hybrid Power Co., Ltd. with Corun Hybrid System Technology Co., Ltd. |
| Jul. 2019 | The Company acquired 100% shares of Hefei JAC Chaoyang Diesel Engine Co., Ltd. (now Hefei Yunnei Power Co., Ltd.), a subsidiary of Anhui JAC Motor Group Co., Ltd. |
| Mar. 2020 | Shenzhen Pritel Technology Co., Ltd. acquires 55% of the shares of Yunnan Yunnei New Energy Technology Co., Ltd. |
| Sep. 2020 | Shenzhen Pritel Technology Co., Ltd. and 4 other companies established Shandong Donghong Guangyuan New Energy Technology Co., Ltd. |
| Apr. 2021 | The Company and Chongqing DCW Group Co., Ltd. jointly set up Chongqing Banggao Power Technology Co., Ltd. |
| Nov. 2021 | Yunnan Yunnei Power Group Co., Ltd. completes the acquisition of 60% of Taiyuan Jiangling Power Co., Ltd. After the transaction was completed, Taiyuan Jiangling Power changed its name to Shanxi Yunnei Power Co., Ltd. |
Supplemental Information 1
>>>Business Report FY2008
>>>Business Report FY2009
>>>Business Report FY2010
>>>Business Report FY2011
>>>Business Report FY2012
>>>Business Report FY2013
>>>Business Report FY2014
>>>Business Report FY2015
>>>Business Report FY2016
>>>Business Report FY2017
>>>Business Report FY2018
>>>Business Report FY2019
>>>Business Report FY2020
>>>Business Report FY2021
Note: A figure in brackets ( ) indicates a loss