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]

Company Overview - China Yuchai International Limited is one of the largest powertrain solution manufacturers in China, primarily through its subsidiary Guangxi Yuchai Machinery Company Limited [1][3] - Yuchai specializes in the design, manufacture, assembly, and sale of a variety of engines for trucks, buses, and other applications, including diesel, natural gas, and new energy products [3] Recent Developments - Yuchai Foundry commenced the shipment of its first batch of 30,000 high-end cylinder head castings to a German customer, marking a significant recognition of its product quality [1] - The production process for these castings utilized special alloys and vermicular iron thermal analysis technology to meet stringent German technical standards [2] Market Position - In 2024, Yuchai sold 356,586 engines, reinforcing its position as a leading manufacturer and distributor of engines in China [3] - The company has established a strong brand reputation and significant market share, supported by a robust research and development team [3]