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 10 Apr 2019 China Yuchai Appoints New Director

SINGAPORE, April 10, 2019 /PRNewswire -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that Mr Xie Tao has been appointed as an independent director of China Yuchai, effective April 10, 2019.

Mr Xie has spent the major part of his career with PricewaterhouseCoopers (PwC) for nearly 23 years. He was a lead partner of the Advisory practice in PwC China. He was also the Senior Partner of Corporate Finance and served on the Executive Board of the China, Singapore and Hong Kong member firms of PwC. Mr Xie has more than 30 years of experience in corporate management and financial advisory including mergers and acquisitions, corporate finance and transaction services. Between 2012 and 2014, he was a partner at Ernst & Young, then Deloitte, as a leader of transaction services and corporate finance business. He was also a financial advisor for the 2008 Beijing Olympic Games. Between 2010 and 2017, Mr Xie held several executive and non-executive management roles of private and public companies in China and abroad.

Mr Xie holds a bachelor's degree in Physics from Beijing University in China and was a member of the UK Chartered Association of Certified Accountants.

The Board of Directors welcomes Mr Xie to join the Board and believes that his past extensive business and financial experience will be beneficial to China Yuchai. With the new appointment, the Board of Directors now comprises 10 members of which four are independent directors.