Kunming Yunnei Power Co., Ltd.
-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%.
|Listed on the Shenzhen Stock Exchange||(As of Dec. 31, 2016)|
|Yunnei Power Group Co., Ltd.||31.92%|
-Commercial vehicle diesel engines
-Passenger car diesel engines
-Non-road machinery diesel engines
-Natural gas engines
-New energy powertrains
|1956||Established as Yunnan Diesel Engine Plant.|
|July 1999||Yunnan Diesel Engine Plant established Kunming Yunnei Power Co., Ltd.|
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.|