China Yuchai International Ltd (CYD.N) Key Developments | Reuters.com
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China Yuchai International Ltd (CYD.N)

CYD.N on New York Stock Exchange

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30 Jun 2016
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Latest Key Developments (Source: Significant Developments)

China Yuchai International posts Q1 earnings of RMB 2.27/share
Thursday, 12 May 2016 06:22am EDT 

China Yuchai International Ltd : China Yuchai International announces 2016 unaudited first quarter financial results . Q1 earnings per share RMB 2.27 . Q1 revenue fell 8.1 percent to RMB 3.4 billion . Inventories at quarter-end were us$ 267.8 million which was similar to balance as at december 31, 2015 . China Yuchai International Ltd qtrly net revenue declined to RMB 3.4 billion ( us$ 523.1 million ) compared with RMB 3.7 billion in q1 of 2015 . China Yuchai International Ltd qtrly earnings per share were US$0.35 ."Our Q1 results reflected continued weak macroeconomic environment and resultant impact of government policies".  Full Article

China Yuchai International Ltd sells Xiamen plant and consolidates assembly operations
Tuesday, 6 Oct 2015 06:00am EDT 

China Yuchai International Ltd:Sells Xiamen plant and consolidates assembly operations.Says pursuant to the agreement, gymcl will receive a total consideration of RMB189.5 million.Says expects to record a loss of RMB 17.6 million from this transaction.Unit entered an equity transfer agreement to sell interest in Xiamen yuchai diesel engines to third party.  Full Article

China Yuchai International Ltd to Pay dividend for FY 2014 in cash or shares
Friday, 22 May 2015 07:23am EDT 

China Yuchai International Ltd:Says that a dividend of $1.10 per share of common stock for the financial year 2014 has been declared by its Board of Directors.Dividend payment will be made either wholly in cash or in new shares of CYI's common stock at the option of the stockholder.Payable on July 14 to shareholders of record at the close of business on June 5 with an ex-dividend date of June 3.  Full Article

China Yuchai International Ltd forms joint ventures to penetrate european off-road engine market
Thursday, 9 Apr 2015 05:00am EDT 

China Yuchai International Ltd:Says its main operating subsidiary, Guangxi Yuchai Machinery Company Ltd (GYMCL), has entered into an agreement to form new joint venture YC Europe Co., Ltd. (YC Europe), in Hong Kong with Shentou Investments (Hong Kong) Ltd (Shentou).YC Europe will establish wholly-owned subsidiary, YC Europe (Germany) GmbH (YC Germany), based in Germany to market off-road engines (excluding marine engines) in Europe.YC Europe and YC Germany will establish a sales network and develop distribution programs to exclusively sell GYMCL off-road diesel and gas engines (excluding marine engines) and spare parts throughout Europe, as well as provide services in engine related areas.GYMCL will supply engines and spare parts, training and service expertise to YC Europe and YC Germany.  Full Article

China Yuchai International Ltd's subsidiary introduces 10 new engines for 2015
Tuesday, 27 Jan 2015 06:00am EST 

China Yuchai International Ltd:Says its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), has introduced 10 new engines for 2015.The YC6L-60 diesel engine is China Yuchai's diesel engine compliant with National VI emission standards.Five new National V-compliant engines were introduced for various truck and bus markets.Three new engines meeting the T-3 emission standards for off-road diesel engines.The new YC4FQ-48 engine compliant with National IV emission standards is for use in light-duty trucks.  Full Article

China Yuchai International announces contract with Beijing Public Transportation Group
Friday, 9 Jan 2015 07:21am EST 

China Yuchai International Ltd:Company's main subsidiary, Guangxi Yuchai Machinery Company Limited, has won competitive tender for supply of total of 635 units of National V natural gas and National VI diesel engines from Beijing Bafangda Express Bus Services Co, Ltd, subsidiary of Beijing Public Transportation Group.Contract is for 587 units of National V natural gas engines and 48 units of National VI diesel engines.The breakdown of natural gas engines is 237 units of engine model YC6L260N-50, 108 units of model YC6MK320N-50 and 242 units of model YC6K1336N-50.This contract represents first purchase of YC6K13N engines in Chinese bus market.  Full Article

China Yuchai International Ltd 's subsidiary announces divestment of interest in Passenger Vehicle Joint Venture
Thursday, 2 Oct 2014 06:01am EDT 

China Yuchai International Ltd:Says its main operating subsidiary, Guangxi Yuchai Machinery Company Ltd has divested its entire 70 pct shareholding interest in Jining Yuchai Engine Company Ltd , its diesel car engine manufacturing joint-venture with Zhejiang Geely Holding Group Co., Ltd.  Full Article

China Yuchai International Ltd supplies new National V-Compliant Diesel Engine for transit buses
Tuesday, 23 Sep 2014 06:00am EDT 

China Yuchai International Ltd:Says company's main operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), has supplied the first units of its new YC4FA130-50 light-duty diesel engines compliant with National V emission standards, for transit buses in Shanghai.  Full Article

China Yuchai International Ltd announces completes acquisition of Yuchai Remanufacturing Services (Suzhou) Co., Ltd
Wednesday, 10 Sep 2014 06:01am EDT 

China Yuchai International Ltd:Guangxi Yuchai Machinery Company Ltd (GYMCL) subsidiary, has completed acquisition of 100 pct equity interest in Yuchai Remanufacturing Services (Suzhou) Co., Ltd (YRC).Pursuant to an equity transfer agreement entered into between Caterpillar (China) Investment Co., Ltd. and subsidiary former transferred its entire 49 pct equity ownership in YRC to latter resulting in YRC becoming wholly-owned subsidiary of GYMCL.  Full Article

BRIEF-China Yuchai International announces management change

* Appointment of Thomas Khong Fock Phung as its new chief financial officer