Singapore, Singapore, January 4, 2013 – China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”), announced today that its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (“GYMCL”) introduced 12 new engines to be launched in 2013, at a new product conference held on December 27, 2012 in Yulin, Guangxi Province. Seven of the models are National V-compliant natural gas engines and the other 5 models are National IV-compliant diesel engines. These engines are GYMCL’s new key products for 2013 as China is expected to implement the National IV emission standards nationwide and introduce the National V gas engine emission regulations this year.
Participating in the conference were Mr. Min Xing, executive vice president and Secretary-General of the China Internal Combustion Engine Industry Association, Mr. Ping Yan, Chairman of GYMCL, Mr. Qiwei Wu, general manager of GYMCL, and Mr. Zhiqiang Lin, the chief engineer of GYMCL who presided over the conference.
The new models of natural gas engine which cover the 120-440 horsepower range are YC4DN-50, YC4GN-50, YC6JN-50, YC6GN-50, YC6LN-50, YC6MKN- 50, and YC6KN-50. All the gas models are compliant with China's National V emission standards and utilize advanced technologies, namely lean combustion and electronic closed-loop control system. The 5 new models of National IV-compliant diesel engines include the model YC4S as a new platform, and the YC4EG and YC6A-45 models, which have been upgraded from their original platform, as well as truck specific models like the YC6J-46 and YC6A-46.
Benny H. Goh, President of China Yuchai, commented, "We have been increasing our research and development efforts these past several years to develop our own independent technology to ensure that our engines remain industry leaders and retain its core competitiveness. These new engine models combine high performance with improved energy savings and lower engine emissions to provide the leading solutions required by our customers in a rapidly changing environment as well as meet increasing stringent national regulations on energy conservation and emissions reduction."