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Yuchai Participates in Guangxi Yuchai Double Growth Fund
Prnewswire· 2026-01-21 11:00
Core Viewpoint - China Yuchai International Limited has announced its participation in the Guangxi Yuchai Double Growth Fund, aiming to invest in innovative solutions related to its business, particularly in emerging engine-related and new energy technologies [1][2]. Group 1: Investment Details - Yuchai, along with two governmental entities and CMSC, holds interests of 33.3%, 41.7%, and 25.0% respectively in the Growth Fund [2]. - The total commitment to the Growth Fund is RMB 1 billion, to be contributed in three tranches of 40%, 30%, and 30% based on investment progress, with Yuchai's share being RMB 333 million [3]. Group 2: Company Overview - China Yuchai, through its subsidiary Guangxi Yuchai Machinery Company Limited, is a leading powertrain solution provider in China, specializing in various engine types for multiple applications [4]. - The company has a strong market presence, having sold 356,586 engines in 2024, and is known for its high-quality products and reliable after-sales support [4].