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
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China Yuchai International Limited ——————————————————————————————————— |
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| (Translation of registrant’s name into English) | ||||
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16 Raffles Quay #26-00 Hong Leong Building Singapore 048581 |
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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
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99.1 Press Release dated May 12, 2009 – China Yuchai International Reports
First Quarter 2009 Unit Sales
| 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: May 12, 2009 | 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 12 May 2009 - China Yuchai International Reports First Quarter 2009 Unit Sales | |
Exhibit 99.1
China Yuchai International Reports
First Quarter 2009 Unit Sales
Singapore, Singapore – May 12, 2009 — China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”), announced that the total number of diesel engines sold by the Company’s major operating subsidiary, Guangxi Yuchai Machinery Company Limited (“GYMCL”) during the first quarter of 2009 was 121,749 units compared with 127,962 units in the same quarter of 2008.
According to the China Association of Automobile Manufacturers, total automobile sales grew by approximately 4.8% in the first quarter of 2009 compared with the same period in 2008. There was notably a strong rebound in March 2009 of approximately 6% compared with March 2008 primarily due to a series of financial stimulus measures introduced in February 2009 by the Central Government of China in response to the global economic crisis, which included cash incentives for the purchase of smaller vehicles as well as for the replacement of agricultural machinery. In March 2009, sales of passenger cars leapt 10.3% from 700,500 to 772,400 but in the commercial sector in which GYMCL concentrates, sales dropped 5.3%. Although GYMCL benefitted from the strong rebound in March 2009 because of its wide range of products in the light and medium-duty sectors which enabled it to maintain its No. 1 ranking in China for unit sales, according to the statistics released by the China Association of Automobile Manufacturers, the proportion of the lower margin 4 cylinder engines sold increased compared to the same period last year. It is to be noted that the full impact on GYMCL’s operations arising from the various stimulus measures recently announced by the Chinese government has yet to be assessed.
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 2008, GYMCL sold approximately 372,000 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
Tel: +1-646-284-9409
Email: kevin.theiss@us.grayling.com
dixon.chen@us.grayling.com