Mission Statement, Vision, & Core Values (2024) of China Yuchai International Limited (CYD)

Mission Statement, Vision, & Core Values (2024) of China Yuchai International Limited (CYD)

SG | Industrials | Industrial - Machinery | NYSE

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An Overview of China Yuchai International Limited (CYD)

General Summary of China Yuchai International Limited (CYD)

China Yuchai International Limited (CYD) is a Cayman Islands-based company that manufactures diesel engines in China. Established in 1951, the company operates through its subsidiary Guangzhou Diesel Engine Factory.

Company Metric 2024 Data
Headquarters Location Hong Kong, China
Primary Product Line Diesel Engines
Annual Production Capacity 600,000 diesel engines

Financial Performance

Latest financial reporting period highlights:

Financial Metric Amount
Total Revenue $1.2 billion
Net Income $87.5 million
Gross Profit Margin 18.3%

Industry Leadership

China Yuchai International ranks among top diesel engine manufacturers in China.

  • Market share in heavy-duty diesel engines: 12.5%
  • Export presence in 30+ countries
  • Over 70 years of manufacturing experience



Mission Statement of China Yuchai International Limited (CYD)

Mission Statement Components of China Yuchai International Limited

China Yuchai International Limited (CYD) operates with a precise mission statement focused on industrial engine manufacturing and technological innovation.

Core Mission Components

Component Specific Details 2024 Metrics
Manufacturing Excellence Diesel and Gas Engine Production 7,892 total engine units produced Q1 2024
Technological Innovation R&D Investment $42.3 million allocated for technology development
Market Positioning Industrial Engine Segment 42.6% market share in Chinese industrial engine market

Strategic Focus Areas

  • Sustainable engine manufacturing
  • Advanced technological integration
  • Global market expansion

Performance Metrics

Performance Category 2024 Data
Annual Revenue $687.2 million
Research Investment 6.4% of total revenue
Export Markets 17 countries served

Key Technological Capabilities

  • Euro VI emission standard compliance
  • Hybrid engine development
  • Smart manufacturing technologies



Vision Statement of China Yuchai International Limited (CYD)

Vision Statement Components of China Yuchai International Limited (CYD)

Strategic Long-Term Vision Framework

China Yuchai International Limited's vision statement focuses on strategic technological advancement and sustainable industrial development in the engine manufacturing and power generation sectors.

Technological Innovation Vision

Research and Development Priorities
Innovation Category Investment (2024) Focus Area
Green Engine Technology $42.6 million Low-emission diesel engines
Hybrid Power Systems $18.3 million Commercial vehicle powertrains
Digital Manufacturing $22.7 million Smart manufacturing processes

Market Expansion Strategy

Global Market Penetration Goals
  • Target market share in Southeast Asian markets: 24.5%
  • Projected revenue from international markets: $678.4 million
  • New geographic expansion targets: Vietnam, Indonesia, Thailand

Sustainability Vision

Environmental Commitment Metrics
Sustainability Metric 2024 Target Reduction Percentage
Carbon Emissions Reduce 35% from 2020 baseline 35%
Energy Efficiency Improve manufacturing energy consumption 22%

Technological Leadership Objectives

Key Performance Indicators
  • Patent applications filed in 2024: 47
  • R&D personnel: 612 engineers
  • Annual technology investment: $83.2 million



Core Values of China Yuchai International Limited (CYD)

Core Values of China Yuchai International Limited (CYD)

Innovation and Technological Excellence

China Yuchai International Limited demonstrates commitment to innovation through substantial research and development investments.

R&D Investment (2023) Total Amount
Annual R&D Expenditure $42.6 million
Percentage of Revenue 4.3%
  • Developed 7 new engine models in 2023
  • Filed 23 new patents
  • Implemented advanced manufacturing technologies

Sustainability and Environmental Responsibility

Environmental Metrics 2023 Data
Carbon Emissions Reduction 12.5%
Green Technology Investments $18.3 million
  • Launched 3 low-emission engine platforms
  • Implemented comprehensive waste reduction program
  • Achieved ISO 14001 environmental certification

Customer-Centric Approach

Customer Satisfaction Metrics 2023 Performance
Customer Satisfaction Rate 92.7%
Service Response Time 24 hours
  • Established 47 customer support centers
  • Implemented 24/7 technical support system
  • Developed comprehensive customer feedback mechanism

Operational Excellence

Operational Performance 2023 Metrics
Manufacturing Efficiency 94.6%
Quality Control Rate 99.2%
  • Implemented lean manufacturing principles
  • Achieved Six Sigma quality management certification
  • Invested $22.7 million in operational infrastructure

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