UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
|
China Yuchai International Limited ——————————————————————————————————— |
||||
| (Translation of registrant’s name into English) | ||||
|
16 Raffles Quay #26-00 Hong Leong Building Singapore 048581 |
||||
|
——————————————————————————————————— (Address of principal executive office) |
||||
| 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): [ ] | ||||
| 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): [ ] | ||||
| 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 | ||||
| If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a |
TABLE OF CONTENTS Exhibit Index - ------------------- 99.1 Press Release dated January 15, 2009.
| 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: January 15, 2009 | By: |
/s/ Teo Tong Kooi |
| Name: | Teo Tong Kooi | |
| Title: | President and Director | |
| Exhibit No. | Description | |
|
|
|
|
| 99.1 | Press Release dated January 15, 2009 | |
Exhibit 99.1
China Yuchai International Announces
Receipt of Regulatory Approval For Acquisition of Yulin Hotel Company
Singapore, Singapore – January 15, 2009 – China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”), announced today that its subsidiary Guangxi Yuchai Machinery Company Limited (“Guangxi”) has received approval from the provincial government regulatory agency in charge of state-owned assets administration in the PRC for its acquisition of the entire equity interest in Guangxi Yulin Hotel Company Ltd (“Yulin Hotel Company”). This approval is required under PRC regulations in order to ensure that Guangxi has proper title in the shares of Yulin Hotel Company and pending its receipt, was a major contributing factor in the delay in finalizing the 2007 consolidated financial statements as the appropriate accounting treatment under U.S. GAAP had to be determined. Further details of this transaction can be found in our announcements dated April 11, 2008 and December 1, 2008.
The Company also wishes to advise that under the rules of the New York Stock Exchange (“NYSE”), it has up to January 15, 2009, to complete and file its 2007 Annual Report on Form 20-F (“2007 20-F”) with the U.S. Securities and Exchange Commission (“SEC”) and return to compliance status. Although the Company has been working towards this deadline, the receipt of provincial government approval just prior to the filing deadline is a substantial positive development necessitating an assessment by the Company as to whether adjustments are now required to be made to its 2007 consolidated financial statements. As a result, China Yuchai applied for and received a short extension of time from NYSE, subject to ongoing monitoring and review by NYSE, for the completion and filing of its 2007 20-F with the SEC.
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.cyilimited.com
Safe Harbor Statement
This news release may contain 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 may be deemed forward-looking statements. These forward-looking statements are based on
current expectations or beliefs, including, but not limited to, statements concerning the Company’s
operations, financial performance and condition. 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 Company’s 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
Grayling Global
Tel: +1-646-284-9409
Email: ktheiss@hfgcg.com
dchen@hfgcg.com