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SINGAPORE, July 15, 2020 /PRNewswire/ — China Yuchai International Bound (NYSE: CYD) (“China Yuchai”), a arch automotive architect and benefactor of engines for on- and off-road applications in China through its capital operating subsidiary, Guangxi Yuchai Accouterment Company Bound (“GYMCL”), appear today that it has entered into a new cardinal affiliation acceding with Sany Truck to enhance the amount competitiveness of both companies.

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At a contempo affair at Yuchai’s capital accumulation bulb in Yulin, China, Mr. Liang Linhe, Director of Sany Group Co., Ltd. and Chairman of Sany Truck met with Mr. Yan Ping, Chairman of GYMCL, and assured the signing of a new cardinal affiliation agreement.

According to the agreement, GYMCL and Sany Truck will added aggrandize the across and abyss of cooperation apropos technology, marketing, casework and ability administration to ensure that Yuchai becomes a cardinal OEM supplier to Sany Truck.  

Based in Hunan Province China, Sany Group Co. Ltd. is China’s arch accouterment accessories maker and is an industry-leading all-around architect of architecture and mining equipment, anchorage machinery, oil conduct accouterment and renewable wind activity systems. Sany is advised to be one of the world’s better accurate accouterment manufacturers and the cardinal one architect of architecture accessories in China. Sany has congenital 25 accomplishment bases, and has over 100 offices with added than 400 agents and 8,000 suppliers worldwide.  

Mr. Weng Ming Hoh, President of China Yuchai, commented, “We are appreciative to accept Sany as our cardinal accomplice and we attending avant-garde to allotment their advancing advance with our avant-garde accomplishment capabilities and a ample adapted portfolio of engines.”

About China Yuchai International

China Yuchai International Limited, through its subsidiary, GYMCL, engages in the manufacture, assembly, and auction of a advanced array of light-, medium- and able engines for trucks, buses, commuter vehicles, architecture equipment, abyssal and agronomics applications in China. GYMCL additionally produces agent ability generators. The engines produced by GYMCL ambit from agent to accustomed gas and amalgam engines. Through its bounded sales offices and accustomed chump account centers, GYMCL distributes its engines anon to auto OEMs and retailers and provides aliment and retrofitting casework throughout China. Founded in 1951, GYMCL has accustomed a acclaimed cast name, able analysis and development aggregation and cogent bazaar allotment in China with high-quality articles and reliable after-sales support. In 2019, GYMCL awash 376,148 engines and is accustomed as a arch architect and benefactor of engines in China. For added information, amuse appointment http://www.cyilimited.com.

Safe Harbor Statement:

This account absolution may accommodate advanced statements aural the acceptation of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or agnate expressions are advised to analyze advanced statements. All statements added than statements of absolute actuality are statements that may be accounted advanced statements. These advanced statements including, but not bound to, statements apropos China Yuchai’s and the collective venture’s operations, banking achievement and action are based on accepted expectations, behavior and assumptions which are accountable to change at any time. China Yuchai cautions that these statements by their attributes absorb risks and uncertainties, and absolute after-effects may alter materially depending on a array of important factors such as government and banal barter regulations, competition, political, bread-and-butter and amusing altitude about the apple and in China including those discussed in China Yuchai’s Form 20-Fs beneath the headings “Risk Factors”, “Results of Operations” and “Business Overview” and added letters filed with the Securities and Barter Commission from time to time. Among others, if the COVID-19 communicable is not finer and appropriate controlled, our business operations and banking action may be materially and abnormally afflicted due to a breakable bazaar for automotive sales, an bread-and-butter arrest in China and abroad, a abeyant abrasion of the banking action of our customers, or added factors that we cannot foresee. All advanced statements are applicative alone as of the date it is fabricated and China Yuchai accurately disclaims any obligation to advance or amend the advanced information, whether of the attributes independent in this absolution or otherwise, in the future.

For added information:

Investor RelationsKevin TheissTel: 1-212-521-4050Email: [email protected]

View aboriginal content:http://www.prnewswire.com/news-releases/china-yuchai-and-sany-form-new-strategic-partnership-301093713.html

SOURCE China Yuchai International Limited

Road Maintenance Agreement Form You Will Never Believe These Bizarre Truth Behind Road Maintenance Agreement Form – road maintenance agreement form
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