China Yuchai International

NYSE:CYD   3:56:50 PM EDT
9.03
+0.21 (+2.38%)
Products, Strategic Combinations

Yuchai Establishes New Engine Service Joint Venture

Published: 06/07/2022 10:06 GMT
China Yuchai International (CYD) - Yuchai Establishes New Engine Service Joint Venture.
China Yuchai International Ltd- Pursuant to Joint-venture Agreement, Ymmc Has a 30% Equity Interest in Suzhou Yuxing.
China Yuchai International Ltd - Guangxi Yuchai Machinery Monopoly Development Co.
, Ltd.
Formed New Jv, Suzhou Yuxing Automobile Technology Co.
, Ltd.
China Yuchai International Ltd - Xingwei Automobile Technology (wuxi) Co.
, Ltd.
Owns a 25% Equity Interest in Jv.
China Yuchai International Ltd - Tianjin Zhuoyu Automobile Technology Partnership Has Another 8% Equity Interest in Jv.
China Yuchai International Ltd - Total Registered Capital for Suzhou Yuxing is Rmb 5 Million, Pro-rated Among Equity Owners by Their Respective Interest.