In recent years, with its strong innovation capability, Yuchai has successfully initiated the product transformation and upgrading in line with internationally advanced companies, leveraging on the “One Belt and One Road” strategy, seeking out market segments in a larger area and achieving new breakthroughs. In the first quarter of this year, the engine exports were nearly 12,000 units, of which Southeast Asia accounted for 61.8% of exports, and West Asia increased 265.8%; Latin America accounted for 12%, an increase of 83.9%; in Africa, Yuchai's vehicle engines entered in bulk Countries, an increase of 73.3% year-on-year, of which Tongji Power opened up in West Africa, a year-on-year increase of 189.4%.

Using Platform Construction to Promote Overseas Intensive Expansion

"Excellent quality, international Yuchai" is Yuchai's business philosophy. In recent years, Yuchai has been vigorously building an international development platform to promote international industrial cooperation, and it is in line with international standards at a high starting point.

Established 15 overseas offices worldwide Established 15 overseas offices worldwide

Yuchai also established 143 overseas service agents and its products are sold to more than 170 countries and regions in Asia, Europe, the United States, Africa, and Oceania. At the same time, it has conducted in-depth cooperation with more than 10 internationally advanced companies in technology and projects, leveraging the strength of the advanced international companies.

Taking the "Going Out" Strategy to Improve Core Competence

Innovation is the life of a company. In the process of implementing the “second undertaking”, Yuchai continued to expand international cooperation and enhance its core competitiveness in implementing the “going out” strategy.

At present, it is cooperating with German MTU to produce high-end, high-speed and high-powered S4000 series engine products to jointly build high-quality high-powered non-road engines with world-leading technology.

Yuchai also set up an international R&D platform to form a “combination of internal and external” R&D model. At present, Yuchai Europe R&D Center is being established, and the four internal combustion engine authoritative research institutions such as AVL Austria, Germany FEV, Southwest Research Institute of the United States, Ricardo UK, etc. are engaged in the joint development of the internal combustion engine, and Yuchai International R&D platform is established to connect the world. Cutting-edge technology, master the latest developments and direction of the industry.

Improve core competitiveness Improve core competitiveness

To upgrade and expand new areas in the international market with transformation and upgrading

At present, Yuchai’s overseas marketing and service network has taken shape, and an advantageous market has been established in some countries such as China-Indochina Peninsula Economic Corridor, Bangladesh-China-Indian-Burmese Economic Corridor, and China-Pakistan Economic Corridor. Next, Yuchai will continue to improve and perfect overseas market planning along the “One Belt and One Road” and “six major economic corridors”, strengthen the construction of marketing service network, and seek a balanced development of all regional and various market segments. To achieve the internationalization of Yuchai.

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