Profile: China Yuchai International Ltd (CYD.N)
26 May 2017
China Yuchai International Limited, incorporated on April 29, 1993, is a holding company. The Company holds interest in Guangxi Yuchai Machinery Company Limited (Yuchai), which manufactures, assembles and sells diesel engines in the People's Republic of China (the PRC). In addition, the Company holds interest in HL Global Enterprises Limited (HLGE) and Thakral Corporation Ltd (TCL). The Company operates through two segments: Yuchai and HLGE. The TCL group invests in real estate and other investment opportunities, which include property-backed financial instruments and in direct property. TCL is engaged in the distribution of lifestyle products, including beauty and health, and enviro-care products in China (including Hong Kong), Southeast Asia and India.
The Company's Yuchai segment is engaged in the manufacture, assembly and sale of a range of light-, medium- and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, and marine and agriculture applications in China. Yuchai also produces diesel power generators. The engines produced by Yuchai range from diesel to natural gas and hybrid engines. Through its regional sales offices and authorized customer service centers, Yuchai distributes its engines directly to auto original equipment manufacturers and retailers, and provides maintenance and retrofitting services across China. Yuchai also manufactures diesel engines for agriculture applications and is a supplier of after-market parts and services. The Company's products include YC6L-60 and YC4FQ-48 diesel engines; five new engines, such as YC4Y22-50, YC4S-50, YC4EG-50, YC6MK-50 and YC4FAN-50 models, and Tier 3 compliant engines, including YC6J-T30, YC4D-T30 and YC4A-T30.
The YC6L-60 diesel engine is Yuchai's newest engine compliant with National VI emission standards. This engine is designed for use in buses between 10 to12 meters and trucks that carry loads of between 25 to 40 tons. The YC4Y22-50 diesel engine is used in light-duty trucks and buses. The YC4S-50 diesel engine is used for medium- to high-end trucks and buses. The YC4EG-50 diesel engine is used for medium-duty buses and light- and medium-duty highway trucks. The YC6MK-50 is used for on-road trucks and buses. The YC4FAN-50 natural gas engine is designed to be used in light-duty vehicles. The Company's two new models, the YC6J-T30 and YC4D-T30, are for the loader, excavator and forklift markets. The YC4A-T30 engine is designed for agriculture application. The new YC4FQ-48 engine is for use in light-duty trucks.
The Company's line of four-series light-duty diesel engines consist of 4108 (YC4D) engine, 4112 (YC4G), YC4F/YC4FA/YC4G engine, 4F/4FA/4G diesel engine, YC4D/YC4E engine, and YC4S engine, among others. Its medium-duty diesel engines include 6105 (YC6J) medium-duty engine, hybrid 6108 (YC6J) engine, YC6G diesel engines and 6108 (YC6A and YC6B) diesel engines, among others. Its heavy-duty diesel engines include 6112 (YC6G) heavy-duty diesel engines, 6L heavy-duty diesel engines, 6MK heavy-duty diesel engines, YC6MJ heavy duty diesel engines and YC6K diesel engines. The Company's high horsepower marine diesel engines and power generator engines include YC6T, YC6C, YC6CL, YC12VT and YC12VC. Its other products are YC4W, YC4Y passenger car diesel engines, natural gas engines, diesel power generators, diesel engine parts and remanufacturing services.
The Company's HLGE group is engaged in hospitality and property development activities conducted in the PRC and Malaysia. The HLGE also owns a Copthorne hotel in Qingdao (PRC), Elite residences in Shanghai and a Copthorne hotel in Cameron Highlands, Malaysia. The Equatorial Hotel Shanghai is located in the heart of Shanghai. The property has over 500 guest rooms, which are refurbished. The Copthorne Hotel Qingdao is located in the commercial district of Qingdao and has approximately 450 guest rooms. The Elite Residences comprises an approximately 16-storey building located in downtown Shanghai. The property has over 100 apartment units, meeting rooms and a business center. The Copthorne Hotel Cameron Highlands is a Tudor styled resort comprising self-contained low-rise and high-rise apartment suites.
The Company competes with Dongfeng Group.
China Yuchai International Ltd
16 Raffles Quay
#26-00 Hong Leong Building