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China Yuchai Announces Dissolution of Vietnam Subsidiary

PR Newswire - Mon Sep 12, 2022

SINGAPORE, Sept. 12, 2022 /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 its subsidiary, Guangxi Yuchai Machinery Monopoly Development Co., Ltd. has deregistered and ceased operations of the Vietnam Yuchai Machinery Services Co., Ltd. due to the restructuring of the Company's overseas business through resource optimization.  Sales into the Vietnamese market are being conducted through the GYMCL headquarters.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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