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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].
China Yuchai Appoints New Director
Prnewswire· 2025-12-23 11:00
Core Viewpoint - China Yuchai International Limited has appointed Ms. Jiang Fei as a Director, effective December 23, 2025, which is expected to enhance the company's governance and strategic direction [1][4]. Group 1: Appointment Details - Ms. Jiang Fei brings over 23 years of experience with Guangxi Yuchai Machinery Company Limited, where she has held various significant roles, including Chairman Assistant and Director of the Board [2]. - The Board of Directors now consists of nine members, including three independent directors, reflecting a diverse governance structure [4]. Group 2: Ms. Jiang's Background - Ms. Jiang holds an MBA in Business Administration from Sun Yat-sen University and a Bachelor of Management in Marketing Management from Zhongyuan University of Technology, indicating a strong educational foundation [3]. Group 3: Company Overview - China Yuchai International, through its subsidiary Yuchai, is a leading powertrain solution provider in China, specializing in a wide range of engines for various applications [5]. - In 2024, Yuchai sold 356,586 engines, reinforcing its position as a major manufacturer and distributor in the Chinese market [5].