China Yuchai International ("China Yuchai" or the "Company"), announced today that its main operating subsidiary, Guangxi Yuchai Machinery Company ("GYMCL"), has won a competitive bid to supply over 600 National IV compliant diesel engines to Shenzhen Western Bus. ("Western Bus").
Western Bus set high requirements for reliability, performance, energy conversation, emissions reduction, and service as the key criteria for the bidding evaluation. As a result, only three brands were considered. After strict evaluation, the orders were awarded to GYMCL.
Weng Ming Hoh, President of China Yuchai, commented, "Our wide range of industry-leading domestic engines and superior service enabled us to win this highly competitive bid. For many years, we have been the front runner in product upgrade and introduced 'first to market' engines compliant with emission standards beyond the then current requirements.
We were the first to introduce National IV engines in 2008 well before that standard was implemented and enforced nationwide and we already have available National V and VI-compliant diesel engines. This order has laid a solid foundation in 2015 for us to further develop our reach into the Shenzhen market and maintain our leadership in the bus segment."