Founded in 1951, with 30 wholly-owned, holding and joint-stock subsidiaries, Guangxi Yuchai Machinery Group Co., Ltd. (hereinafter referred to as the Yuchai Group) is an internal combustion engine manufacturing base with the most complete spectrum of products in the country. In recent years, machinery manufacturing industry has been dropped off influenced by domestic and foreign economic situations, especially domestic overcapacity and unreasonable product structure. Reversely, Yuchai has sold over 3 million engines with the annualized revenues amount to RMB 40 billion. Over the years, as China ’ s largest engine R&D manufacturing base, Yuchai adjusts and optimizes its industrial structure and constantly strengthens its capacity for independent innovation. Therefore, the key technology continues to be the top in the sector for further keeping its own top leader in the industry. Innovation-Driven In 2013, seven world-class diesel-engine products for high-s...
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