The result of 7th China Machinery Top 500 Award was announced in Beijing on Jul. 30. Yuchai Group was ranked the 21
st, climbing one position upper compare to last year. Meanwhile, Yuchai group also received the award of China Automobile Parts Top 50.
The research report of China Machinery Top 500 was released by World Executive Group and Research Institute of Machinery Industry Economic and Management. The revenue, gross income, profitability and reputation index were taken into account by adopting the enterprise competitive assessment scheme developed by the World Enterprise Laboratory pursuing to international common practices. According to the survey data provided by the World Enterprise Laboratory, both the aggregate sales revenue and gross income of the China Machinery Top 500 in 2009 are increased compare to last year, regardless of the global financial turmoil.
Especially, the sales revenue of Yuchai group in 2008 was increase to more than 20 billion (20.988 billion). The increase is achieved under difficult financial crisis and achieved the ambitious target of building another Yuchai in three years. For the recent eight years, Yuchai has been holding the market leading place in terms of revenue and the two-digit growth.
Author: ZHU Xiaojie