China Yuchai Introduces New High-Powered Marine Engine
China Yuchai International Limited (CYD)
Last china yuchai international limited earnings: 3/30 06:00 am
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Source: PR Newswire
SINGAPORE, March 10, 2020 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or "the Company"), a leading automotive manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), announced today that GYMCL has introduced an advanced high-powered marine engine to address the growing demand of the domestic marine industry, particularly vessels in the yacht class.Stronger, lighter and more compact engines are typically required for the drivetrain in the yacht class of boats. The mainstream product market for Chinese boat engines is presently monopolized by imported brands. To address this market opportunity, GYMCL launched a high-powered boat engine project in 2019. The new boat engine optimizes the existing design of the Yuchai model YC6MJ engine with innovative technology tailored for the yacht-class engine requirements.A number of innovative techn
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