Yuchai and Guangxi Zhenye Form New Joint Venture
China Yuchai's foundry subsidiary and Guangxi Zhenye formed a new joint venture, Guangxi Aobei Technology, to produce austempered ductile iron (ADI) heat-treated components in Yulin, Guangxi. Yuchai Foundry will contribute RMB 17 million for a 34% stake in the JV, which has total registered capital of RMB 50 million; Guangxi Zhenye holds the remaining 66%.
Key figures
- Revenue 2025 rmb
- 24.6 billion
- Engines sold 2025
- 461309
- Yuchai equity stake
- 34%
- Partner equity stake
- 66%
- Yuchai contribution rmb
- 17000000
- Partner contribution rmb
- 33000000
- Joint venture registered capital rmb
- 50000000
AI analysis
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