2008 for the first time, sales revenue of Yuchai Group hit 20.84 billion Yuan. The production and sales of diesel engines exceeded 550,000, keeping the top position in the industry in China for the past consecutive 8 years.  

Since 2006, the export of Yuchai has kept an annual average increase of 154% that  achieved the goal of to build another Yuchai. Facing the grim economic situation at home and abroad, Yuchai has outlined the plans to enhance the internal strength, optimize product and expand the market share.   

General Manager of Yuchai Machinery Co., Ltd Li Tiansheng said: the upgrading of the managementthe decline of operating costs, and products optimization will ultimately improve the cost-effective ratio of our products.  

Yuchai has set the target of sales income of 35 billion Yuan to 55 billion Yuan in the next 2 to 5 years, and 800 billion Yuan in 2015. In order to achieve the goal, on one hand, Yuchai improved the product structure and new technology reserves to launch leading and applicable products to seize the market; on the other hand, it implements the cost-cutting project to control the budget and capital operation. At the same time, it activates the risk prevention mechanism to broaden the strategic cooperation with auto OEMs to jointly face the crisis.  

Authors: Huang Si, Zhang Xin, Lin Rong and Zhao Biqiang   Source: Guangxi TV