Yuchai Changzhou Eastern Base has a total investment of 800 million U.S. dollars

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Luo Zhijun, governor of Jiangsu Province, sent a special congratulatory letter. Luo Zhijun said in the congratulatory letter that Yuchai Group is a well-known enterprise in China. In recent years, it has seized opportunities, pioneered and innovated, and achieved remarkable results in reform and development. It has become the world’s largest independent diesel engine manufacturer. , China's largest small and medium-sized construction machinery production and export enterprises.

The congratulatory letter said that Jiangsu is one of the provinces with rapid economic development, high degree of openness, and strong innovation and vitality. The location advantage is obvious and the market is vast. As a superior industry in the province, the machinery industry has a large industrial scale and strong supporting capabilities. The Yuchai Group invested 800 million U.S. dollars to build an eastern base in Wujin District, Changzhou, fully embodying the strategic vision and boldness of the leaders of the group, which will help improve the development level of the province's equipment manufacturing industry and promote the transformation of the economic development mode.

Yuchai Group is an enterprise group with Guangxi Yuchai Machinery Group Co., Ltd. as its parent and Guangxi Yuchai Machinery Co., Ltd. as the core. It has six core business segments: diesel engine, construction machinery, special-purpose vehicles, automotive chemicals, auto parts, and logistics machinery. Since 2000, Yuchai has maintained an average annual growth rate of more than 30%, and its diesel engine production and sales have consistently ranked first among its counterparts in the country, creating the "Yuchai phenomenon."

It is reported that the Yuchai East Base project was officially signed and settled in Wujin on September 28 last year, with a total investment of US$800 million. It is mainly engaged in the production and construction of excavators, rotary drilling rigs, supporting components, logistics distribution and construction machinery R&D centers, and is the largest production base of Yuchai Group outside Guangxi.

The base company's Yuchai Heavy Industry (Changzhou) Co., Ltd. has a total investment of 230 million U.S. dollars and registered capital of 77.07 million U.S. dollars. The first phase of the project is planned to build 110,000 square meters of workshops and it is expected to be completed and put into operation in November this year. After completion, it will form an annual production capacity of 10,000 excavators and 350 rotary drilling rigs. At the same time, the company has a world-class 0.8 tons -50 tons of large, medium and small series of excavator product line, by 2015, the company's annual sales will exceed 10 billion yuan.

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