China Yuchai restructures subsidiaries

China Yuchai announced today that GYMCL’s wholly owned subsidiary, Guangxi Yuchai Deyou Engine Systems and its 50% owned subsidiary, MTU Yuchai Power Company , have been transferred to GYMCL’s wholly owned Guangxi Yuchai Marine and Genset Power subsidiary. Guangxi Yuchai Deyou Engine Systems specializes in sales and marketing marine and power generation units. MTU Yuchai Power Company, a 50-50 joint venture between GYMCL and Rolls-Royce Solutions, mainly produces the high-end, high-speed, high-power MTU Series 4000 engines which are power generators with marine applications. This restructuring consolidates GYMCL’s marine and power genset operations into a larger operating unit with a more comprehensive product line and service portfolio.