Malaysia chamber of Commerce in Hong Kong Group Chairman Yan Xijun line to Yuchai investigation

In March 19th, the chairman of the Malaysia chamber of Commerce in Hongkong Yan Xijun,vice chairman of the Malaysia chamber of Commerce in Hongkong, the organization of high-end leisure Plaza Management Co. CEO SongHoiSee, vice chairman of the Malaysia chamber of Commerce in Hongkong, the organization of Public Bank (Hongkong) Asset Management Co. Ltd. - Special credit department responsible for the ChowKokKheong line of more than 10 people to visit the company, understand engine production, development,sales and other relevant circumstances.

Accompanied by Yuchai vice chairman He Yongming, general manager of Wu Qiwei, Yan Xijun and his entourage went to the exhibition center, casting, building Power Engineering Research Institute, four factory test center, six factory, five factory hair and other places to visit, to understand the product and production process of Yuchai, R & D, manufacturing,etc.. During the visit, Wu Qiwei guest concerned Yuchai product development cycle,product market positioning and so on to answer. After the visit, He Yongming, Wu Qiweiand Yan Xijun in the meeting room four floor building on the power of discussion, the competitive advantage of products, market prospects, and how to deal with the impact ofpure electric passenger car market for the exchange.

Wu Qiwei said, the bus, Yuchai large horsepower electric boat, gas powered productsbetter, marine electric power products has gradually become a new growth point. This yearwith the full implementation of the national commercial vehicles in 4, and in April 1st next year began to implement the non road T3 emission regulations, and all the engines are needed to control, the whole industry is facing reshuffle. Some small manufacturers or lack of R & D capability, or did not have the strength of investment, will be out of the market.Yuchai will use their own advantages, seize the opportunity, continue to maintain a strong market in the original, in the weak through the combination of products and marketscontinue to improve, reinforcing the short board.

For the bus sector impact, Wu Qiwei said, High-speed Rail opened, and pure electric busesinto the market caused some impact on Yuchai bus power plate. At present, it is actively respond. In new energy, either hybrid or pure electric, Yuchai, are actively developing.

Yan Xijun on behalf of the chamber of Commerce said, Yuchai in Hongkong in the future if necessary, they will help.

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