One Belt and One Road Help Yuchai Sales Surpass 18 Billion Yuan

Yuchai Group meticulously planned and systematically organized and responded to the six-month business and full-year examinations. In the first half of the year, the Group's business response volume was commendable: The Group achieved sales revenue of over 18 billion yuan, an increase of approximately 20% year-on-year. Yuchai Group's development has shown steady progress, steady progress and steady progress, and it is expected to make a beautiful appearance throughout the year.

Engine plate, climbing steadily and blooming

In recent years, the engine industry market has been “beginning to fall”. However, driven by favorable policies such as the “Belt and Road Initiative” of the country, from the second half of last year to the first half of this year, business performance, market confidence, and economy The vitality continues to improve and it presents a good warm color.

Yuchai Group Factory

The Yuchai Group, a core subsidiary of the Yuchai Group, is driven by the tremendous energy of continuous innovation, innovation and release. In the first half of this year, the engine sales of Yuchai’s shares increased by nearly 20% year-on-year.

Overseas markets maintained sustained growth. Taking advantage of the “One Belt and One Road” strategy, the number of vehicles entering the Yuchai overseas market continues to grow. Among them, the advantages of passenger car exports have been further consolidated, with an increase of over 100% year-on-year. Shipboard power sales in overseas markets have increased by more than 10% year-on-year.

Yuchai Group Factory Workers Photo

Subsidiaries have outstanding performance and impressive results. Yuchai United Power's engine sales were booming in the first half of this year, and sales increased by more than 100% year-on-year. On the afternoon of July 15, Yuchai United Power’s 10,000th engine in 2017 successfully went offline. Yuchai Accessories Company's sales revenue for the January-June period increased by 26% year-on-year.

On the basis of maintaining the market share of the mainframe, Huayuan Corporation vigorously expanded the fields of air compressors, construction machinery and other fields, and its sales revenue increased by over 15% year-on-year. Yuchai Power Company's sales revenue in the first half of the year increased by nearly 30% year-on-year, and engine sales increased by nearly 10% year-on-year.

Other plates, flourish, vibrant bloom

In the first half of this year, under the guidance of the “re-benefit, safety, and health” ideology and the impact of the engine plate, Yuchai’s subsidiaries’ operating benefits have also improved, effectively supporting the development of the Group’s industry. The stable pattern has been consolidated and the good situation has become more apparent."

Yuchaimar Petroleum Lubricants, Yuchai Logistics, Yuchai Special Vehicles, Bonitay Electric, Jade Diesel and other subsidiaries continued to carry out marketing innovation, broaden sales channels and achieved good results. Among them, Yuchaimar Petroleum Lubricants sales continued to grow in the first half of the year; Yuchai's sales revenue in the first half of the year increased by nearly 30% year-on-year, of which sales of logistics and auto sales rose by over 45% year-on-year; sales of Yuchai's special vehicles increased year-on-year Nearly 30% increase.

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