Corporate News
Date:
2013-09-11
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Yuchai Joins Hands with YIP to Deliver CAEXPO 2013 Investment Promotion Conference

On the morning of September 5, Yuchai Group, along with Yuchai Industry Park (YIP), delivered CAEXPO 2013 Investment Promotion Conference at Yulin Wanyuan International Hotel. Three projects were signed with a total investment of 195 million yuan. Present were Zheng Jiezhong, vice mayor of Yulin City; Huang Zuyuan, secretary of the Party Work Committee of YIP; Zhou Sunhai, vice president of Yuchai Group, as well as Yulin's enterprise representatives and representatives of Yuchai's supporting manufacturers.

Scene of contract signing

According to Zhou, since YIP's establishment in 2006, Yuchai Group has orchestrated and constructed an array of high-quality, high-level and high-benefit industrial projects via the platform. To date, there have been 16 major investment projects in YIP with a total investment of over 3.5 billion yuan.

YIP is the platform and main battlefield for the CPC Yulin Municipal Committee and the Yulin Municipal People's Government to implement the strategy of "invigorating Yuchai and prospering Yulin". Since it was established in March 2006, over 50 new enterprises have moved in with a total investment of 12.1 billion yuan and a total development area of over 7,000 mu, and 28 have come on stream and achieved a gross industrial output value of over 36.2 billion yuan in 2012.

(Huang Zhirong)

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