Key Developments: China Yuchai International Ltd (CYD.N)

CYD.N on New York Stock Exchange

16.67USD
2 Jul 2015
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Latest Key Developments (Source: Significant Developments)

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

China Yuchai International Ltd declared dividend
Monday, 12 May 2014 05:56am EDT 

China Yuchai International Ltd:Dividend of $1.20 per share of common stock for FY 2013 has been declared.Dividend payment will be made either wholly in cash or in new shares of CYI's common stock at option of stockholder.Payable on July 7.Record date on May 28.Ex-dividend date of May 26.  Full Article

China Yuchai International Ltd's Guangxi Yuchai Machinery Company Limited Announces Changes To Joint Venture To Expand Heavy-Duty Diesel And Gas Engine Production In China
Monday, 14 Oct 2013 06:58am EDT 

China Yuchai International Ltd announced the changes in the ownership structure of the joint venture entered into by its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL) and GYMCL’s joint venture company, Y&C Engine Co., Ltd. (Y&C Engine) with Baotou BeiBen Heavy Duty Truck Co., Ltd. (BeiBen) and Inner Mongolia First Machinery Group Co., Ltd. (First Machinery Group), which was announced on June 4, 2013. Further to discussions between the joint venture parties, the First Machinery Group will exit from the joint venture and be replaced with Baotou Beifang Chuangye Co., Ltd. (Beifang) in which the First Machinery Group is the single largest shareholder with a 23.62% interest as reported in Beifang’s semi-annual report released on August 27, 2013, covering the period January 1, 2013 to June 30, 2013. Beifang will hold 15% of the new joint venture entity with the remaining 85% interest held between BeiBen, GYMCL and Y&C Engine.  Full Article

China Yuchai International Ltd Announces Interim Cash Dividend
Monday, 5 Aug 2013 06:00am EDT 

China Yuchai International Limited announced an interim cash dividend of USD0.10 per ordinary share for the financial year 2013 has been declared by its Board of Directors. The interim cash dividend will be paid on August 26, 2013 to shareholders of record as of the close of business on August 16, 2013.  Full Article

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