Brief: Yuchai Establishes New Engine Service Joint Venture

China Yuchai International

07/06/2022 11:04

June 7 (Reuters) - China Yuchai International Ltd  CYD.N :
    * YUCHAI ESTABLISHES NEW ENGINE SERVICE JOINT VENTURE
    * CHINA YUCHAI INTERNATIONAL LTD- PURSUANT TO JOINT-VENTURE
AGREEMENT, YMMC HAS A 30% EQUITY INTEREST IN SUZHOU YUXING
    * CHINA YUCHAI INTERNATIONAL LTD -  GUANGXI YUCHAI MACHINERY
MONOPOLY DEVELOPMENT CO., LTD. FORMED NEW JV, SUZHOU YUXING
AUTOMOBILE TECHNOLOGY CO., LTD.
    * CHINA YUCHAI INTERNATIONAL LTD - XINGWEI AUTOMOBILE
TECHNOLOGY
(WUXI) CO., LTD. OWNS A 25% EQUITY INTEREST IN JV
    * CHINA YUCHAI INTERNATIONAL LTD - TIANJIN ZHUOYU AUTOMOBILE
TECHNOLOGY PARTNERSHIP HAS ANOTHER 8% EQUITY INTEREST IN JV
    * CHINA YUCHAI INTERNATIONAL LTD - TOTAL REGISTERED CAPITAL
FOR
SUZHOU YUXING IS RMB 5 MILLION, PRO-RATED AMONG EQUITY OWNERS BY
THEIR RESPECTIVE INTEREST

Source text for Eikon:  ID:nPn3MkZwZa 
Further company coverage:  CYD.N 

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