Kunming Yunnei Power Co., Ltd.

Company Profile

■URL

http://www.yunneidongli.com/En/

■Address

No.66, Jingjing Road, Economic and Technological Development Zone, Kunming City, Yunnan Province 650224, China

Business Overview

-The Company is currently the largest manufacturer of diesel engines for trucks and buses in western China.

-Manufactures mainly small-bore, multi-cylinder diesel engines for trucks and buses.

-The Company has established supply agreemtent relationship with more than 100 domestic automobile manufacturers, and its products export to Vietnam, Thailand, Malaysia, Pakistan, Iran, Egypt, Algeria, Russia and other countries.

-The company plans to promote new energy vehicles powertrains, diesel transmission powertrains and other new products.

 -In 2016, the sales of the products increased by 38.63%, up to 3,925.63 million yuan. Among them, through product upgrades and marketing strategy adjustments, the sales of Diesel engines increased 45.51% compared to last year, up to 317,160 sets. Market share increased to 11%.

Shareholders

Listed on the Shenzhen Stock Exchange (As of Dec. 31, 2016)
Company Shareholding  Ratio
Yunnei Power Group Co., Ltd. 31.92%
Others 68.08%
Total 100%

Products

-Commercial vehicle diesel engines
-Passenger car diesel engines
-Non-road machinery diesel engines
-Natural gas engines
-New energy powertrains

History

1956 Established as Yunnan Diesel Engine Plant.
July 1999 Yunnan Diesel Engine Plant established Kunming Yunnei Power Co., Ltd.
Apr. 1999

Listed on the Shenzhen Stock Exchange.

July 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 Transfered 51 percent share in Yunnei Power Dazhou Automobile Co., Ltd.
Merged 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.
July 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 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 Corun Hybrid System Technology Co., Ltd. (CHS), and Yunnan Yunnei Power Group Co., Ltd. are planning to set up a joint company, Wuxi Tongrun Hybrid Power Technology Co., Ltd.
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.

Supplemental Information 1