On the morning of September 23, Yuchai Industry Park and Yuchai Group delivered the 9th SME Expo Investment Environment Presentation at Deli Hotel in Yulin, with the participation of over 40 enterprises. A total of 13 projects settled in Yuchai Industry Park at the 9th SME Expo, with a total investment of 3.96 billion yuan, according to sources.

Presentation scene

Zheng Jiezhong, vice mayor of Yulin, addressed the presentation. According to him, the mission of Yuchai Industry Park has been clear over the six years since its establishment: serving Yuchais development, properly using Yuchai brand, bringing Yuchais advantage into play, giving full play to Yuchais leading role, expanding and strengthening Yulins machinery industry cluster. To date, over 50 new enterprises have moved in, with a total investment of 12.1 billion yuan and a total development area of over 6,000 mu, 28 enterprises have come on stream, and a gross industrial output value of over 29 billion yuan was achieved in 2011. Yuchai is an internal combustion engine manufacturing base and a small & medium-sized construction machinery manufacturing and export base in China. In its twelfth five-year period, Yuchai has set an objective of achieving sales revenues of 100 billion yuan in 2015. We will make all-out efforts to support Yuchai in investing in projects and introducing supporting enterprises, providing strong support and more preferential policies in such aspects as land, tax, technology and labor.

Signing ceremony

Zhou Sunhai, vice president of Yuchai Group, introduced Yuchais overview and investment environment. According to him, in recent years, with the support of the CPC Yulin Municipal Committee and Yulin Municipal Government, Yuchai has comprehensively implemented the strategy of invigorating Yuchai and prospering Yulin, built two product chains--engine and construction machinery, constructed six advantageous sectors--engine, construction machinery, parts, logistics & vehicle trading, energy & chemical, and special vehicles, continuously raised the level of diversified operations and significantly enhanced its core competitiveness and anti-risk capacity. In 2011, Yuchais sales revenues topped 40 billion yuan to reach 42.291 billion yuan, up 15.86 percent year on year. In 2012, in severe market situation, Yuchai actively adjusted its business strategy, made great efforts to occupy the market, and achieved sales revenues of 26.38 billion yuan in the first eight months, up some 1.5 percent year on year.

Relying on the favorable investment environment of Yulin and Yuchai Industry Park, all Yuchai-invested projects in the park have progressed smoothly and completed projects have produced expected effects. Another two projects of Yuchai--Yuchai large casting workshop and Yuchai International City have settled in the park, with a total investment of 1.897 billion yuan. The project of Yuchai large casting workshop involves the construction of a large casting workshop and its auxiliary facilities, will form an annual production capacity of 32,000 tons of castings after completion, and is a select project that accords with Yulins machinery industry and Yuchais machinery sector and development strategy. After construction completion, Yuchai International City will effectively solve the housing problem of Yuchais staff and play a vital role in accelerating talent introduction, stabilizing talent teams and enhancing staffs well-being.

(Text by Li Ying/Li Wei, photo by Li Ying)