Corporate News
Date:
2007-10-02
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Yuchai was rewarded 1 million Yuan by the Government of Guangxi

    Yuchai Machinery Company Limited and Yuchai State Holding Company Limited, both of the title of Chinese famous brand holds, were awarded with 500,000 Yuan respectively during the Product Safety and Brand Awarding Conference hold in the afternoon of September 29th in Nanning Hotel. The conference gave awards to the enterprises that won brand titles between July 2004 and December 2006. Weike Liu the Vice president of YSH and Guirong Tan the assistant CEO of YMC represented their companies separately to attend the conference and receive the prizes.

    The sales and products of Yuchai were number one in China for many years due to their high performance, high reliability, low noise, low emission and consumption.  Yuchai diesel engine was awarded the title of Popular Brand of China in 2005. In the same year the brand of Yuchi was awarded the title of Chinese famous brand. For the past two years, the company has been advocating the concept of green development and harmonious win-win and trying to achieve economy sustainability and improve the environment through technological improvements and increase the efficiency of employees. In 2006, Yuchai was ranked 249 of the top 500 enterprises of China and won the special prize of advanced enterprise in applying performance-excellence management mode. In 2007, Yuchai was ranked 24 of the China s mechanical industry and 117 of Chins top 500 brands. The value of Yuchai brand has been reached 5.336 billion Yucan and is the no.1 brand of China s engine industry. The 1 million Yuan prize for Yuchai is an endorsement to Yuchais achievements as well as a great support to development of Yuchai. Yuchai will continue contribute to the development of Guangxi province and strengthen itself to achieve the goals of sales of 20 billion Yuan by 2008 and sales of 35 billion Yuan by 2010.

 

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