Striving for New Glory
As a national industrial enterprise, Yuchai has timely adapted its corporate strategy to market changes and customer demands, aligning itself with "concentric diversification based on the engine sector to build a coordinated industry chain". In the future, Yuchai will center on the engine sector to make planning and layout of other industries including the upstream parts industry and the downstream logistics and supply chain industry, concentrate resources to develop the engine sector based on the strategic policy of "growing comprehensively, innovatively and stronger", enhance the overall competitiveness of the industry chain, and march towards the goal of achieving a sales revenue of CNY 100 billion by 2025. This strategic alignment will require more partner support and will also bring more opportunities for external cooperation. Yuchai will seek to embrace more partners with a more open mind and a more sincere attitude, to work together for the mission of revitalizing China's national industry!
Li Hanyang, Chairman of Yuchai