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Potential Listing of China Yuchai's Subsidiary
Prnewswireยท 2025-08-25 10:09
Group 1 - China Yuchai International Limited is considering a potential listing of one of its indirect subsidiaries on a foreign stock exchange, with preparatory work already commenced [1][2] - The potential listing is in preliminary stages and is contingent upon due diligence results, corporate reorganization, regulatory approvals, and market conditions, indicating uncertainty regarding its realization [2] - China Yuchai, through its subsidiary Guangxi Yuchai Machinery Company Limited, is a leading powertrain solution provider in China, specializing in a wide range of engines for various applications [3] Group 2 - Guangxi Yuchai Machinery Company Limited offers a comprehensive portfolio of powertrain solutions, including diesel, natural gas, and new energy products such as pure electric and hybrid systems [3] - In 2024, Yuchai sold 356,586 engines, reinforcing its position as a major manufacturer and distributor of engines in China [3]