Yuchai invests in production of auto electronic appliances
Written by Administrator
Friday, 09 February 2007
NANNING, Feb. 7 (InfoChina) – Yuchai Group, the parent company of Yuchai International (NYSE: CYD) is co-investing 120 million yuan with Chongqing-based auto parts producer Bright Industry (Group) to set up a production base of auto engines and starters in Guangxi. Construction of the project started on Feb. 5.
The auto electronic appliances to be produced are accessory products for Yuchai diesel engines.
The production base, which will be the largest of its kind in south China’s Guangxi Zhuang Autonomous Region and the first starter production base in the region, is designed to produce 800,000 units of auto engines and starters per year, with an annual sales revenue of 800 million yuan. (Edited by Chen Dongyi,
)
China Stock News 
