China Yuchai announced an end-use check has been conducted on its subsidiary, Guangxi Yuchai Machinery, or GYMCL, by the U.S. Department of Commerce. As at the date of this announcement, GYMCL’s business continues to operate normally with no major supply chain impact. The company will make further announcements as and when appropriate in the event of any further material development on the matter.
Published first on TheFly