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CHINA YUCHAI INTERNATIONAL (CYD)

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Recent press releases and 8-K filings for CYD.

China Yuchai International Announces Director's Resignation Amid Investigation
CYD
Management Change
Board Change
Legal Proceedings
  • China Yuchai International Limited (CYD) reported on October 29, 2025, that Mr. Wu Qiwei has resigned from his positions as a Director of the Company and its main operating subsidiary, Yuchai.
  • Mr. Wu Qiwei is suspected of serious violations of discipline and law and is currently under disciplinary review and investigation by the Discipline Inspection Commission of Guangxi Yuchai Machinery Group Company Limited and the Yulin Municipal Supervisory Commission, respectively.
Oct 29, 2025, 10:08 AM
China Yuchai International Launches New High-Horsepower Generator Engine
CYD
Product Launch
New Projects/Investments
  • China Yuchai International Limited's subsidiary, Yuchai Marine and Genset Power Company Limited, successfully launched its new YC16VTF engine.
  • This new-generation 16-cylinder V-type power generation engine represents a major breakthrough for Yuchai in the field of high-speed, high-horsepower (HHP) engines, achieving a maximum power output of 3,971kW.
  • The launch underscores Yuchai's determination to lead the high-end marine and power generation markets in China.
Oct 24, 2025, 10:11 AM
China Yuchai International's Subsidiary Launches New High-Horsepower Generator Engine
CYD
Product Launch
New Projects/Investments
  • China Yuchai International's subsidiary, Yuchai Marine and Genset Power Company Limited, successfully launched its new YC16VTF engine, a new-generation 16-cylinder V-type power generation engine.
  • This launch marks a major breakthrough for Yuchai in high-speed, high-horsepower (HHP) engines, demonstrating its intent to lead the high-end marine and power generation markets in China.
  • The YC16VTF engine boasts a maximum power output of 3,971kW and is designed for high-end 50Hz/60Hz generator sets, with a serialized and modular design allowing for future application expansion.
  • The introduction of the YC16VTF engine is consistent with Yuchai's strategic goal of growing as a high-end brand with strong performance and reliability standards.
  • In 2024, Yuchai sold 356,586 engines, reinforcing its position as a leading engine manufacturer and distributor in China.
Oct 24, 2025, 10:00 AM
China Yuchai International Reports Detention of Key Executives
CYD
Management Change
Legal Proceedings
Board Change
  • Wu Qiwei, a Director of China Yuchai International Limited (CYD) and President of its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (Yuchai), along with Qin Xiaohong, Yuchai's former Chief Accountant, have been detained by authorities in the People's Republic of China.
  • As of October 20, 2025, the reasons for these actions and any charges against the individuals have not been verified.
  • Despite the detentions, Yuchai's daily business operations are continuing uninterrupted and in the ordinary course, with Li Hanyang, Chairman of Yuchai, leading the business, and Chen Hai, a Vice President, assisting as interim President.
Oct 20, 2025, 10:56 AM
China Yuchai's Joint Venture Launches New Engine Series
CYD
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
  • MTU Yuchai Power Co., Ltd. (MYP), a 50/50 joint venture between China Yuchai's subsidiary and Rolls-Royce's Power Systems division, successfully launched the first batch of the Series 2000 engine.
  • The new Series 2000 engines are being produced at MYP's Suzhou plant, while production and sales of the Series 4000 S83 oil and gas engines are expanding at its Yulin plant.
  • Both the new Series 2000 engines and the Series 4000 S83 engines rolled off the production line in 2025, enriching MYP's product portfolio and expanding its application areas.
  • Mr. Weng Ming Hoh, President of China Yuchai, stated that the inclusion of these new engines is expected to further expand the customer base and sustain long-term sales growth, building on high-horsepower engine sales as a key growth driver.
Aug 25, 2025, 10:00 AM
China Yuchai International Limited Reports Increased Full-Year 2024 Revenue and Net Profit
CYD
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Full-year 2024 revenue for China Yuchai International Limited increased by 6.6% year-over-year to RMB 19.1 billion ($2.7 billion), with net profit attributable to shareholders rising to RMB 323.1 million ($44.9 million).
  • Total engine sales grew by 13.7% to 356,586 units in fiscal year 2024, significantly outperforming the Chinese truck and bus vehicle markets. Gross profit increased by 10.8% to CNY 2.8 billion ($392.1 million), improving the gross margin to 14.4%.
  • The company's share of financial results from associates and joint ventures saw a substantial 63.6% increase for FY 2024, contributing RMB 101.5 million ($14.1 million) to income, driven by improved performance from MTU Yuchai Power and other joint ventures achieving profitability.
  • Demand for data center generators is robust, with the 2025 order book already full and at least 30% growth expected for the year. The company plans to increase capacity by 35%-40% in 2026 to meet this demand.
Feb 25, 2025, 1:00 PM