CHINA YUCHAI INTERNATIONAL LIMITED
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934
For the Month of October 2007
Commission File Number 1-13522
China Yuchai International Limited
(Translation of Registrants name into English)
16 Raffles Quay #26-00
Hong Leong Building
Singapore 048581
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover
Form 20-F or Form 40-F.
Form 20-F þ Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101(b)(1): o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o
Indicate by check mark whether the Registrant by furnishing the information contained in this
Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes o No þ
If Yes is marked, indicate below the file number assigned to registrant in connection with Rule
12g3-2(b): Not applicable.
TABLE OF CONTENTS
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
China Yuchai International Limited (the Company) wishes to caution readers that this Report on
Form 6-K contains forward-looking statements, as defined in the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to
certain risks and uncertainties, which could cause actual results to differ materially from
historical results or those anticipated. Among the risks and factors that could cause actual
results to differ materially are: the Companys ability to control Yuchai; the Companys ability to
consolidate Yuchais financial results; changes in the capital markets and interest rates;
political, economic and social conditions in China such as government policies with respect to
foreign investment, economic growth, inflation and the availability of credit; the effects of
competition in the diesel engine market; the effects of inflation; the ability of Yuchai to control
its expenses, capital expenditures and receivables, finance its working capital and capital
expenditures and commercially introduce new products in the future; the Companys ability to
successfully implement the cooperation agreement it reached with Yuchai in June 2007; the effects
of uncertainties in the Chinese legal system which could limit the legal protections available to
foreign investors, including with respect to the enforcement of foreign judgments in China. In
addition to the foregoing factors, a description of certain other risks and uncertainties which
could cause actual results to differ materially can be found in the section captioned Risk
Factors in the Companys Annual Report on Form 20-F filed with the SEC under the Securities
Exchange Act of 1934, as amended. Readers are cautioned not to place undue reliance on these
forward-looking statements, which are based on the current view of management on future events. The
Company undertakes no obligation to publicly update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise
OTHER EVENTS
1. On October 24, 2007 in Singapore, the Company issued a press release announcing the
appointment of Mr. Ho Tuck Chuen as its new Chief Financial Officer. Mr. Ho Tuck Chuen will join
the Company on November 15, 2007. The Company also announced that it has retained The Global
Consulting Group, a New York-based strategic communications consulting firm, to be its investor
relations counsel. A copy of the press release dated October 24, 2007 is attached hereto as
Exhibit 99.1 and is incorporated herein by reference.
2. Exhibits
99.1 Press Release of the Company dated October 24, 2007.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunder duly authorized.
Date:
October 24, 2007
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CHINA YUCHAI INTERNATIONAL LIMITED
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By: |
/s/ Mr. Teo Tong Kooi
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Name: |
Mr. Teo Tong Kooi |
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Title: |
President and CEO |
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EXHIBITS INDEX
99.1 Press Release of the Company dated October 24, 2007.
EX-99.1 PRESS RELEASE OF THE COMPANY
CHINA YUCHAI INTERNATIONAL LIMITED
16 Raffles Quay #26-00 Hong Leong Building Singapore 048581
Tel : (65) 6220 8411 Fax : (65) 6226 0502
Exhibit 99.1
FOR IMMEDIATE RELEASE
China Yuchai International Appoints New Chief Financial Officer and
Retains Investor Relations Counsel
Singapore,
Singapore October 24, 2007 China Yuchai International Limited (NYSE: CYD;
China Yuchai or the Company), the leading manufacturer and distributor of diesel engines in
China, today announced the appointment of Mr. Ho Tuck Chuen as its new Chief Financial Officer who
will come on board on November 15, 2007. Mr. Ho will take the place
of Mr. Philip Ting Sii Tien, the outgoing Chief Financial Officer,
who has served the Company in this position since 1994. The Board
wishes to thank Mr. Philip Ting for his services and contributions to
the Company as the Chief Financial Officer. Mr. Ting will continue
with his full-time role as the Chief Financial Officer for Hong Leong
Asia Limited, the holding company of China Yuchai.
Mr. Tong Kooi Teo, the President of China Yuchai, commented, We believe Mr. Hos expertise and
experience will enhance China Yuchais financial planning and reporting, strengthen corporate
governance and improve investor communications. China Yuchais rapid growth in the Chinese market
created the need for improved financial management. Our Board decided
to bring in additional resources to help us capture the opportunities for fast
growth in China. China Yuchai aims to further penetrate the growing Chinese automotive and
construction markets, maintain market leadership and maximize shareholder value.
Mr. Ho commented, I am very excited to join China Yuchai, the leading company in the fast-growing
Chinese diesel engine market. China Yuchai has a remarkable record of success and it is well
positioned as the leader in one of the fastest growing automotive markets in the world. I very
much look forward to my role in helping the company achieve its potential and build value for our
shareholders.
Mr. Ho Tuck Chuen has more than 20-years experience in the areas of strategic planning, financial
management, accounting, internal controls, audit and tax. His experience covers a wide range of
industries including heavy manufacturing, high tech, consumer electronics, specialty chemicals and
energy. Mr. Ho was the Chief Financial Officer for Pacific Internet
Ltd. (NASDAQ: PCNTF) managing strategic planning, financial
management, Securities and Exchange Commission (SEC) financial reporting,
investor relations, mergers & acquisition and SEC compliance with corporate governance and
regulatory requirements. He supervised a team of 65 finance personnel in 7 regional subsidiaries.
Before Pacific Internet Ltd., Mr. Ho spent 9 years as a
Regional Accounting Director with Sony
Electronics Asia Pacific Pte Ltd. He was responsible for accounting, tax and internal controls for
the region which spans the United Arab Emirates, South Africa, India, South East Asia and
Oceania. Prior to Sony, he also worked at Haw Par Healthcare Ltd., Intergraph Systems South East
Asia Pte Ltd, Master Builders Technology Singapore Pte Ltd., Reda Pump Singapore Pte Ltd. (a TRW
Automotive company), and Apple Computer Inc. Mr. Ho started his career as senior auditor at Price
Waterhouse. He is a Certified Public Accountant in Singapore, Chartered Accountant (Australia) and
Chartered Certified Accountant (UK). Mr. Ho holds a Bachelor of Accountancy from the University of
Singapore.
China Yuchai also announced it has retained The Global Consulting Group, a leading New York-based
strategic communications consulting firm to be its investor relations counsel.
The Global Consulting Group was selected to represent China Yuchai after a thorough review of
numerous candidates, said Mr. Teo. The Global Consulting Groups strong track record in the
automotive industry, its keen understanding of Chinas market, and its ability to help enhance
CHINA YUCHAI INTERNATIONAL LIMITED
16 Raffles Quay #26-00 Hong Leong Building Singapore 048581
Tel : (65) 6220 8411 Fax : (65) 6226 0502
shareholder value for its clients were the key reasons we selected them to assist us in our
investor relations efforts. We believe that The Global Consulting Groups effective communications
programs and reputation of developing long-term relationships with the investment community will
enable China Yuchai to increase investor awareness and visibility.
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company
Limited (Yuchai), engages in the manufacture, assembly, and sale of a wide array of light-duty,
medium-sized and heavy-duty diesel engines for construction equipment, trucks, buses, and cars in
China. Yuchai also produces diesel power generators, which are primarily used in the construction
and mining industries. With over 30 regional sales offices and 460 authorized customer service
centers, the Company distributes its diesel engines directly to auto OEMs and retailers and
provides maintenance and retrofitting services throughout China. Founded in 1951, Yuchai has
established a reputable brand name, strong research & development team and significant market share
in China with high-quality products and reliable after-sales support. In 2006, Yuchai
sold approximately 284,000 diesel engines and was
consistently ranked No. 1 in unit sales by China Association of Automobile Manufacturers. The
Companys headquarters are based in Singapore, Singapore. For more information, please visit
www.hlcorp.com.sg/cyi.
About The Global Consulting Group
The Global Consulting Group, a wholly owned subsidiary of Huntsworth PLC, is headquartered in New
York, with offices in Los Angeles, Sacramento, London, Edinburgh, Madrid, Brussels, Moscow,
Shanghai and Tel Aviv. The firms 150 employees strategically spread out over 3 continents,
services over 200 global clients in 12 languages. The Global Consulting Group focuses on providing
consulting services to privately-held and publicly-traded corporate clients in three areas:
investor relations, corporate communications and public affairs. For more information, please visit
www.hfgcg.com.
Safe Harbor Statement
This news release contains forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. The words believe, expect, anticipate, project, targets,
optimistic, intend, aim, will or similar expressions are intended to identify
forward-looking statements. All statements other than statements of historical fact are statements
that could be deemed forward-looking statements. These forward-looking statements are based on
current expectations or beliefs, including, but not limited to, statements concerning the Companys
operations, financial performance and, condition. For this purpose, statements that are not
statements of historical fact may be deemed to be forward-looking statements. The Company cautions
that these statements by their nature involve risks and uncertainties, and actual results may
differ materially depending on a variety of important factors, including those discussed in the Companys reports filed with the
Securities and Exchange Commission from time to time. The Company specifically disclaims any
obligation to update the forward-looking information in the future.
For more information, please contact:
Kevin Theiss / Dixon Chen
The Global Consulting Group
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+1-646-284-9400 |
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ktheiss@hfgcg.com
dchen@hfgcg.com |
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