SINGAPORE, July 18,
2023 /PRNewswire/ -- China Yuchai International
Limited (NYSE: CYD) ("China Yuchai") announced today that a
cash dividend of US$0.28 per ordinary
share for the year ended December 31,
2022 has been declared by its Board of Directors. The cash
dividend will be paid on August 7,
2023 to shareholders of record as of the close of business
on July 31, 2023.
About Us
China Yuchai International Limited, through its subsidiary,
Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the
manufacture, assembly, and sale of a wide variety of light-,
medium- and heavy-duty engines for trucks, buses, passenger
vehicles, construction equipment, marine and agriculture
applications in China. GYMCL also
produces diesel power generators. The engines produced
by GYMCL range from diesel to natural gas and hybrid engines.
Through its regional sales offices and authorized customer service
centers, GYMCL distributes its engines directly to auto OEMs
and retailers and provides maintenance and retrofitting services
throughout China. Founded in
1951, GYMCL has established a reputable brand name, strong
research and development team and significant market share in
China with high-quality products
and reliable after-sales support. In 2022, GYMCL sold 321,256
engines and is recognized as a leading manufacturer and distributor
of engines in China. For more
information, please visit http://www.cyilimited.com.
Safe Harbor Statement:
This news release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. The words "believe", "expect", "anticipate", "project",
"targets", "optimistic", "confident that", "continue to",
"predict", "intend", "aim", "will" or similar expressions are
intended to identify forward-looking statements. All statements
other than statements of historical fact are statements that may be
deemed forward-looking statements. These forward-looking statements
including, but not limited to, statements concerning China Yuchai's
and the joint venture's operations, financial performance and
condition are based on current expectations, beliefs and
assumptions which are subject to change at any time. China Yuchai
cautions that these statements by their nature involve risks and
uncertainties, and actual results may differ materially depending
on a variety of important factors such as government and stock
exchange regulations, competition, political, economic and social
conditions around the world and in China including those discussed in
China Yuchai's Form 20-Fs under
the headings "Risk Factors", "Results of Operations" and "Business
Overview" and other reports filed with the Securities and Exchange
Commission from time to time. Among others, if the COVID-19
pandemic is not effectively and timely controlled, our business
operations and financial condition may be materially and adversely
affected due to a deteriorating market for automotive sales, an
economic slowdown in China and
abroad, a potential weakening of the financial condition of our
customers, or other factors that we cannot foresee. All
forward-looking statements are applicable only as of the date it is
made and China Yuchai specifically disclaims any obligation to
maintain or update the forward-looking information, whether of the
nature contained in this release or otherwise, in the future.
For more information:
Investor Relations
Kevin Theiss
Tel: +1-212-510-8922
Email: cyd@bluefocus.com
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SOURCE China Yuchai International Limited