China Yuchai International Limited
China Yuchai International Limited owns a controlling interest in Guangxi Yuchai Machinery Company Limited (Yuchai). Yuchai is a diesel engine manufacturer in China, and also produces diesel power generators and diesel engine parts. Yuchai produces light, medium and heavy-duty diesel engines, industrial diesel engines, diesel powered generators (Genset) and diesel parts. Through its 76.4% interest in Yuchai, the Company is engaged in manufacturing and sale of diesel engines, which are mainly distributed in the People’s Republic of China market. As of December 31, 2008, it had a 45.39% equity interest in HL Global Enterprises Limited (HLGE). HLGE is engaged in hospitality and property development activities. As of December 31, 2008, it had a 34.42% equity interest in Thakral Corporation Ltd (TCL). TCL primarily conducts distribution of consumer electronic products. TCL also has other business activities relating to contract manufacturing, property development and investment.
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Based on the great success of 1st China Remanfacutruing and Used Equipment Summit 2011 and International Remanufacturing Summit, Duxes is now to annouce to the public that The 2nd China Remanufacturing and Used Equipment Summit 2012 is going to be held on March 1-2 in Beijing China with highly valued speakers to be invited again including representatives from NDRC, MIIT, SAT (State Administration of Taxation), China Customs, AQSIQ (General Administration of Quality Supervision, Inspection and Quarantine), National Key Laboratory for Remanufacturing, APRA, NATRC (National Automotive Technology and Research Center), China Automobile Association Auto Parts Remanufacturing Branch, Bayreuth University, Caterpillar, FuQiang Power, Cummins, Wabco, TRW, Sany, Zoomlion, IBM, Xiamen SanLi, YuChai and Chongqing Machine Tool Group.
On Wednesday Tokyo and Hong Kong markets bounced 4 per cent respectively in the morning following Wall Street's hefty overnight rally. Taiwan stocks rose 2.04 percent to a two-month high led by financial stocks after Citigroup said it turned profitable in the first two months in 2009.
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