As the "second startup" has started, Yuchai will, with Yuchai Industrial New City (the City) as the platform, attract suppliers to invest in the City by favorable conditions like policy, technology, market and capital, thus further deepening the building of the outstanding supplier system. The City which will be built up in 2018 will introduce at least 10 parts manufacturers annually and strive to accomplish a local matching rate of 50 percent by 2018.

At Yuchai Machinery 2014 Suppliers Annual Conference, Yuchai introduced the City and encouraged Yuchai's suppliers to move in. Yuchai is in charge of the City's investment promotion, planning, construction and operation. Yan Ping, chairman of Yuchai Group, welcomed suppliers to invest in the City based on their needs for transformation and upgrading, logistics cost reduction and so on. He pledged to give maximum bonuses to investors in terms of market share.

In the future, Yuchai will re-plan and restructure the supply chain according to parts importance and dependence, further plan and improve the R & D, quality, production and system capacities of the supply chain, actively establish a strategic supplier alliance, choose suppliers according with Yuchai's strategy, culture and TQCD, and forge new strategic partnerships through assets or in several other ways, thus enhancing the core competitiveness of the supply chain.

In 2014, Yuchai Machinery Co., Ltd. will continue enhancing segment response and control, and build the comprehensive competitive edge of the overall market; will make great efforts to reduce zero-kilometer failure and early failure and extend B10 life, increase the consistency of mass-manufactured products and continuously advance the building of the lean supply chain; and will keep raising the level of SQCDD (safety, quality, cost, development and delivery), thus comprehensively enhancing Yuchai's core competitiveness.

(Huang Zhirong)