Yuchai Machinery sold over 310,000 engines in July before the company increased 14% year-on-year

In the stable growth of the internal combustion engine market, Yuchai Machinery Co., Ltd. delivered a satisfactory answer sheet: From January to July this year, sales revenue exceeded RMB 12 billion, an increase of 15% from the same period last year, and a total of more than 310,000 engines were sold. Taiwan, a year-on-year increase of 14.3%, of which passenger cars and pass-by-pass machines are highly innovative, and trucks are approaching the best level in history in 2010; only 37,007 sets of engines were sold in July, a 25.8% increase over the same period of last year, and the highest monthly sales were recorded in July. Level. The engine market share increased by 1 percentage point over the same period of last year and continues to rank first in the industry.

Yuchai Co., Ltd. insists on the goal of “three-year quality improvement by 100%” and will never waver in its efforts to strengthen internal management, strengthen lean manufacturing, reduce costs and increase efficiency, and continuously improve product quality and management quality. Since 2013, Yuchai Co., Ltd. has achieved significant product quality improvement, and the three-batch claims ratio has dropped significantly; inventory management has achieved the desired results, the material flow has been smooth, and the inventory turnover days have met the control requirements; various operating cost controls have achieved certain results, and operating costs Obvious drop.

From January to July, Yuchai Diesel Engine Co. , Ltd. 's engine operating conditions showed a good momentum. Trucks, buses, and general machinery increased by 12%, 9.2%, and 36.2%, respectively. The dramatic increase in the sales of general machinery was mainly due to the popularity of agricultural machinery. Due to the influence of national policies and the increase in the demand for power by agricultural machinery manufacturers, Yuchai's agricultural machinery was favored by the main engine plant, and the market share of the agricultural machinery sector increased by 2.1%, of which only the growth rate of harvester sales was as high as 100.2%. Overseas sales were optimistic and the South American market performed well. In January-July, the number of engines imported overseas exceeded 16,000 units, an increase of 40% over the same period of last year.

In addition, with the promotion of the national energy-saving emission reduction policy, the sales of gas engines have been rising. From January to July, Yuchai Corporation sold nearly 20,000 gas engines. In the next step, the company will gradually strengthen its product service and sales network in this market segment, and further expand the Yuchai gas engine's impact on the market.

The overall operations of each subsidiary of Yuchai Corporation were good. Among them, the production and sales volume of Xiamen Yuchai Company increased by more than 15% and 14% respectively, and the production and sales volume of Yuchai United Power Company also achieved a substantial increase, with an increase of over 50% and 20 respectively. %, to create a high-end high-end engine platform and image.

Wu Qiwei, general manager of Yuchai Electric Co., Ltd. stated that the industry may still be in a downturn in the next two to three years, and the development of Yuchai’s stock division will continue to shift from the development of scale to the enhancement of connotation. In the second half of the year, more emphasis will be placed on system management and connotation enhancement, and the development of a four-link transport system for R&D, production, support, and marketing will be strengthened, focusing on quality, cost, and benefits, with project controllable, process controllable, profitability controllable, and risk Controllable, the final realization of the system is controllable, to ensure the company's operating system collaboration and healthy and sustainable development.

In accordance with the current market trend, driven by the increase in engine sales volume and improvement in operating quality, the 2013 Yuchai Electric Co., Ltd. engine sales, operating income will be expected to exceed the target set at the beginning of the year.

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