tiprankstipranks
China Yuchai Boosts Engine Production for Global Demand
Company Announcements

China Yuchai Boosts Engine Production for Global Demand

China Yuchai International (CYD) has released an update.

Don't Miss our Black Friday Offers:

China Yuchai International, through its joint venture MTU Yuchai Power with Rolls-Royce Power Systems, is expanding operations to capitalize on growth opportunities in the power generation and oil & gas sectors. The venture will increase production of the mtu Series 4000 engines and introduce new products, including the mtu Series 2000 and Yuchai VC series diesel engines. With over 2,000 units sold since 2017, the expansion aims to meet rising demand and enhance market presence in China and globally.

For further insights into CYD stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyChina Yuchai terminates share buyback program
TipRanks Auto-Generated NewsdeskChina Yuchai Ends Share Buyback Plan, Reduces Shares
TheFlyChina Yuchai price target raised to $15 from $12.50 at Greenridge
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App