Yuchai Listed in State-owned Key Enterprises “Management Benchmarking Enterpri

Date:2021-08-10 Author:Nancy Source:chinaspv.com

August 10, 2021, Yulin, China, Lately, State-owned Assets Supervision and Administration Commission of the State Council released state-owned key enterprises “management benchmarking enterprise” lists, and Yuchai entered the list as the only enterprise in internal combustion engine industry.

In recent years, Yuchai has continued to promote enterprise culture, organization, operation system, talent team, product R&D and digitization management innovation and achieved large improvement in enterprise management level and efficiency
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During “The Thirteenth Five-year Plan” Period

Yuchai witnessed an average annual increase of about 10% in sales revenue and the revenue in 2020 hit a record high;

Joint venture cooperative projects with MTU, Eberspache and other international advanced enterprises were implemented smoothly, which accelerated Yuchai’s step to integrate into world industry chain and innovative ecosphere;

Yuchai first launched advanced national VI engine and non-road national IV engine, which broke overseas brands’ monopoly in high power vessel, generator motor, new generation special power and new energy power, and increased products’ overall competitiveness.

National VI intelligent factory and power data intelligent service platform was initially built, and enterprise’s informationalized level increased obviously.