Yiming Liu's questions to China Yuchai International Ltd (CYD) leadership • H1 2025
Question
Yiming Liu of Haitong Securities inquired about China Yuchai's plans for capacity expansion, both for its MTU joint venture and its primary GYNCL entity, and asked for full-year sales guidance, particularly for data center generators.
Answer
Kelvin Lai, General Manager of Operations, explained that the MTU JV's capacity is constrained by component supply from Germany, not physical space. He added that the main GYNCL operation, currently at 2,000 units, is planning a 30% capacity increase by late Q3 or early Q4 2025. Weng Ming Hoh, President & Director, stated that the company does not provide forward-looking guidance as a matter of policy.