CYD - China Yuchai's operating subsidiary creates new WOS
China Yuchai International (NYSE:CYD) through its main operating subsidiary, Guangxi Yuchai Machinery (GYMCL), announced a new wholly owned subsidiary of GYMCL, Guangxi Yuchai Deyou Engine Systems. It was incorporated on December 22, 2021, with registered capital of RMB 20M. The new subsidiary is the successor company of the trading business previously conducted by GYMCL's wholly owned subsidiary, Guangxi Yuchai Deyou Engine (YDEC). YDEC will take over the operations of GYMCL's marine and power generation unit under the new name Guangxi Yuchai Marine and Genset Power Co., Ltd.
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China Yuchai's operating subsidiary creates new WOS