Yuchai:2008 Sales Reached 20.84 billion Yuan

04 March 2009

News from the 2nd Session of the 11th National People's Congress of Guangxi Zhuang Autonomous Region that was held in Nanning that: facing the impact of global financial crisis, a group of enterprises worked hard to explore the rural and overseas market to make progress in adversity. The statistics showed that the industrial value added grew at 19% in Guangxi. The large scale industrial enterprises achieved a total profit of 18 billion Yuan, further strengthening leading position of industry. 

 

Facing the downturn of global engine industry, the sale of Guangxi Yuchai Machinery Group Co., Ltd. has been seriously affected. Chairman of the board Yan Ping said: we have found the tremendous potential of rural and overseas markets. We decidedly changed from selling products to“city” to “countryside” and “overseas”.

 

In 2008, the sales reached 20.84 billion Yuan. The production and sales of diesel engines reached 550 thousands, a rise of 105.36%. Apart from diesel products, Yuchai Group had also made remarkable development in construction machinery, special purpose vehicle, lubricant & chemical industry, automobile parts, trade & logistics.

 

Source : english.chinabuses.com

Editor : July

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