China Yuchai's Subsidiary Wins Two Prestigious After-Sales Service Awards in China
SINGAPORE--May 9, 2013: China Yuchai International Limited ("China Yuchai" or the "Company"), announced today that its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), has won two of the most prestigious auto part after-sales service awards in China.
At an award ceremony in April 2013 hosted by "Commercial Vehicle", a major industry publication in China, GYMCL won the premier "Gold Cup Award" as well as the "Annual Service Award". This annual award ceremony is the culmination of a large survey conducted over a few months, involving visits to commercial vehicle manufacturers, service providers and interviews with nearly 2,000 commercial vehicle drivers. The survey results provided a comprehensive understanding of China's commercial vehicle after-sales market in 2012 to improve transparency and help to standardize after-sales services. Representatives from commercial vehicle manufacturers, auto parts companies, and after-sales service providers from around China were in attendance at the award ceremony.
Benny H. Goh, president of China Yuchai, commented, "We have invested time and effort in developing the largest after-sales service network with over 2,800 locations across China and these two awards are an acknowledgement by our customers and peers of the high-quality of our after-sales service. Our investment in developing high-quality products, technology and advanced management systems has been recognized by our OEM customers, distributors and end user customers for their affordability, reliability and efficiency. We have been ranked No. 1 for our service standards for ten consecutive years, and we intend to further enhance our service network expertise in 2013 to be among the first with capabilities to service vehicles complying with new and more stringent emissions standards," concluded Mr. Goh.
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the manufacture, assembly, and sale of a wide array of light-duty, medium-duty and heavy-duty diesel engines for construction equipment, trucks, buses and cars in China. GYMCL also produces diesel power generators, which are primarily used in the construction and mining industries. Through its regional sales offices and authorized customer service centers, the Company distributes its diesel engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, GYMCL has established a reputable brand name, strong research and development team and significant market share in China with high-quality products and reliable after-sales support. In 2012, GYMCL sold 431,350 diesel engines and is recognized as a leading manufacturer and distributor of diesel engines in China.