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].

Core Insights - Mingteng International Corporation Inc. is enhancing its collaboration with a leading supplier in the new energy vehicle sector to support the development of new energy technologies in the automotive market [1][4] Company Overview - Mingteng International is an automotive mold developer and supplier based in China, focusing on molds for auto parts, including turbocharger systems, braking systems, and new energy electric vehicle motor drive systems [5] - The company provides comprehensive mold services, including design, production, assembly, testing, repair, and after-sales service, aiming to create personalized and integrated "Turnkey Projects" for customers [5] Industry Context - The collaborating client specializes in core components for electric powertrain systems and has maintained a top market share in motor systems for NEV heavy-duty trucks from 2022 to 2024 [2] - The increasing use of aluminum alloy materials in electric drive and transmission systems highlights the importance of lightweight components for efficiency and the green transformation of the automotive industry [3] Strategic Direction - The company’s CEO emphasized that new energy technologies are transforming the automotive industry and that collaboration with NEV suppliers is crucial for supporting customers' expansion into new energy products [4] - Mingteng International plans to leverage collaborative innovation to promote sustainable development and facilitate the transition towards greener mobility solutions [4]

“A new economy—a new kind of growth—is rising, powered by clean electricity, digital innovation and new energy technologies,” writes Christiana Figueres in a guest essay. She argues that “the global south is leading the way” https://t.co/r7loHIEqar ...