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SOURCE China Yuchai International Limited
- More Than 10,000 GYMCL Engines Operating in Russia -
SINGAPORE, Feb. 18, 2014 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), announced today that engines from the Company's main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), were used in various applications to build the infrastructure for the Sochi Winter Olympic Games which is currently underway.
Pavers and loaders using GYMCL engines were used to pave roads and in the construction of the stadiums and heavy-duty trucks propelled by GYMCL engines provided the necessary transportation for the movement of goods and materials. The ability of GYMCL's engines to operate in extreme weather and in less than optimal conditions such as in alpine areas and tunnel building applications, made them the engine of choice.
GYMCL's engines were also used to support the 2013 Summer Universiade, officially known as the XXVII Summer Universiade, which was held in the city of Kazan, Russia in July 2013. This event which was organized by the International University Sports Federation and by the authorities of the Republic of Tatarstan, featured over 10,400 university athletes from 162 countries as well as various cultural events.
Weng Ming Hoh, President of China Yuchai, commented, "Over 10,000 GYMCL engines are currently operating across Russia and this is a testimony of the high quality and good performance of our engines and our service capabilities. We provide a wide range of different engines to service the various needs and requirements of different organizations across the vast Russian territories and we look forward to the continued growth of our presence in Russia."
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the manufacture, assembly, and sale of a wide array of light-duty, medium-duty and heavy-duty diesel engines for construction equipment, trucks, buses and cars in China. GYMCL also produces diesel power generators, which are primarily used in the construction and mining industries. Through its regional sales offices and authorized customer service centers, the Company distributes its diesel engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, GYMCL has established a reputable brand name, strong research and development team and significant market share in China with high-quality products and reliable after-sales support. In 2012, GYMCL sold 431,350 diesel engines and is recognized as a leading manufacturer and distributor of diesel engines in China. For more information, please visit http://www.cyilimited.com
Safe Harbor Statement
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and condition. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. The Company specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.
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