UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
China Yuchai International Limited |
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(Translation of registrants name into English) | ||||
16 Raffles Quay #26-00 Hong Leong Building Singapore 048581 |
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(Address of principal executive office) |
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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: [x] Form 20-F [ ] Form 40-F | ||||
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): [ ] | ||||
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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 [x] No | ||||
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TABLE OF CONTENTS Exhibit Index - ------------------- 99.1 Press Release dated September 30, 2008 - Update Regarding Release of Unaudited 2007 Financial Results
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, thereunto duly authorized. |
China Yuchai International Limited | ||
Date: September 30, 2008 | By: |
/s/ Teo Tong Kooi |
Name: | Teo Tong Kooi | |
Title: | President and Director | |
Exhibit No. | Description | |
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99.1 | Press Release dated September 30, 2008 - Update Regarding Release of Unaudited 2007 Financial Results | |
Exhibit 99.1
China Yuchai Provides Update Regarding Release of Unaudited 2007 Financial Results
SINGAPORE, September 30, 2008 China Yuchai International Limited (NYSE: CYD) (China Yuchai or the Company) today announced that, despite working diligently over the past few months to bring itself into compliance with its financial reporting disclosure requirements, it requires additional time, beyond the third quarter of 2008, to complete its consolidated financial statements for the fiscal year 2007. The delay is due to: the need to restate the Companys 2005 audited consolidated financial statements, which were filed with the United States Securities and Exchange Commission on Form 20-F/A on May 30, 2008 and thereafter, the completion and filing of its 2006 audited consolidated financial statements on Form 20-F only on July 17, 2008.
China Yuchai had intended, as previously disclosed, to announce its unaudited consolidated financial results for 2007 but made the decision to defer any release until the finalization of the outstanding financial statements. As shareholders are aware, the Company had, on August 8, 2008 released the non-US GAAP 2007 operating results of Guangxi Yuchai which was necessitated as a result of Guangxi Yuchais intention to apply for approval to issue short term financing bonds in the PRC. The Company is in the process of consolidating Guangxi Yuchais financial data in accordance with US GAAP. The Company would like to assure its shareholders that its management and staff are in the final stages of finalizing the outstanding financial statements and will release them as soon as they become available.
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited (GYMCL), 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. GYMCL also produces diesel power generators, which are primarily used in the construction and mining industries. Through its regional sales offices and 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, GYMCL 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 2007, GYMCL sold approximately 383,000 diesel engines and was consistently ranked No. 1 in unit sales by China Association of Automobile Manufacturers. For more information, please visit http://www.hlcorp.com.sg/cyi.
For more information, please contact:
Kevin Theiss / Dixon Chen
Grayling Global
Tel: +1-646-284-9409
Email: ktheiss@hfgcg.com
dchen@hfgcg.com