Business
Yuchai Participates in Guangxi Yuchai Double Growth Fund
China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), one of the largest powertrain solution manufacturers through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited ("Yuchai"), today announced that Yuchai has participated in a newly established private equity fund known as the Guangxi Yuchai Double Growth Fund (the "Growth Fund") as a limited partner with Guangxi Investment Guidance Fund Company Limited, Guangxi Yulin Investment Holding
About this update from China Yuchai International Limited
[{"type":"text","content":"SINGAPORE, Jan. 21, 2026 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), one of the largest powertrain solution manufacturers through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited ("Yuchai"), today announced that Yuchai has participated in a newly established private equity fund known as the Guangxi Yuchai Double Growth Fund (the "Growth Fund") as a limited partner with Guangxi Investment Guidance Fund Company Limited, Guangxi Yulin Investment Holding Group Company as the other limited partners (collectively, the "Two Governmental Entities") and China Merchants Securities Capital Investment Company Limited ("CMSC"). CMSC is the sole general partner and fund manager of the Growth Fund.","length":838,"tagName":"p"},{"type":"text","content":"Each of Yuchai, the Two Government Entities and CMSC holds 33.3%, 41.7% (in aggregate) and 25.0% interest in the Growth Fund.","length":125,"tagName":"p"},{"type":"text","content":"The Growth Fund is intended for equity investments to advance innovative solutions related to Yuchai's businesses and future developments, with a focus on emerging engine-related and new energy technologies.","length":211,"tagName":"p"},{"type":"text","content":"The partners have collectively committed to contribute RMB 1 billion ("Commitment Amount") in three tranches of 40%, 30% and 30% based on the progress of the investments. Yuchai's share of the Commitment Amount is RMB 333 million.","length":244,"tagName":"p"},{"type":"text","content":"About China Yuchai International","length":32,"tagName":"p"},{"type":"text","content":"China Yuchai International Limited, through its subsidiary Guangxi Yuchai Machinery Company Limited ("Yuchai"), is one of the leading powertrain solution providers in China. Yuchai specializes in the design, manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications. Yuchai offers a comprehensive portfolio of powertrain solutions, including but not limited to diesel, natural gas, and new energy products such as pure electric, range extenders, and hybrid and fuel cell systems. Thr...