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China Yuchai Announces Dissolution Of Vietnam Subsidiary

Author: Benzinga Newsdesk | September 12, 2022 06:04am

China Yuchai International Limited (NYSE:CYD) ("China Yuchai" or "the Company"), a leading automotive manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), announced today that its subsidiary, Guangxi Yuchai Machinery Monopoly Development Co., Ltd. has deregistered and ceased operations of the Vietnam Yuchai Machinery Services Co., Ltd. due to the restructuring of the Company's overseas business through resource optimization.  Sales into the Vietnamese market are being conducted through the GYMCL headquarters.

Posted In: CYD


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