SINGAPORE, July 6, 2015 /PRNewswire/ -- China Yuchai International Limited (NYSE : CYD ) ("China Yuchai" or the "Company"), announced today that its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), has won a competitive bid for nearly 1,300 engines for school buses to be exported to Saudi Arabia. China Yuchai's engines represent around 90 percent of the total units awarded in this contract.
This is one of the largest Chinese bus engine export orders in 2015 so far. On June 18, 2015, a total of 1,060 King Long buses powered with GYMCL engines were exported to Saudi Arabia. China Yuchai was one of the first group of Chinese bus engine manufacturers to enter the market in Saudi Arabia and it has a proven track record of winning large orders for the supply of engines for school buses there.
Weng Ming Hoh, President of China Yuchai, commented, "We have become one of the preferred bus engine providers in Saudi Arabia as local customers take advantage of our wide range of highly reliable and high performance engines."
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, marine and agriculture applications in China. GYMCL also produces diesel power generators. The engines produced by GYMCL range from diesel to natural gas and hybrid engines. Through its regional sales offices and authorized customer service centers, the Company distributes its engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, GYMCL has established a reputable brand name, strong research and development team and significant market share in China with high-quality products and reliable after-sales support. In 2014, GYMCL sold 483,825 engines and is recognized as a leading manufacturer and distributor of engines in China. For more information, please visit http://www.cyilimited.com
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SOURCE China Yuchai International Limited