On March 10, 2018, the second meeting of the 18th Workers' Congress of Yuchai Group was held. 610 employee representatives from various units of the Yuchai Group attended the event and participated in political duties. This conference is Yuchai's grand meeting for a major change, great transformation, great development, and winning new mission. The conference called on all Yuchai builders to take their responsibility and strong sense of mission as their masters, to make their best efforts, to unite their efforts, and to strive for the best in the world.

Yuchai Group's 18th Workers' Assembly Congress 2nd Meeting Site Map

In 2017, Yuchai Group achieved a sales revenue of over 35.5 billion yuan, an increase of 13.27% year-on-year, and an engine sales of 509,000 units, boosted by the favorable factors such as the “supply-side structural reform” and the “One Belt One Road” initiative. 18.6%, the brand value of the group jumped from 28.195 billion yuan to 34.596 billion yuan, and the operational efficiency of the company created the best level in history.

At the meeting, Yu Ping, chairman of Yuchai Group’s board of directors, made an important speech titled “High-quality innovation, innovation, and winning the second entrepreneurial battle for the best in the world and work together”.

Chairman of Board of Directors of Yuchai Group Co., Ltd.

He Ping pointed out that the current world economy is stabilizing and stabilizing in adjustments, and the tasks of deepening reforms are still heavy. Yuchai must deeply adjust the industrial structure, vigorously consolidate the foundation for development, fully release its operational dynamism, steadily increase operational efficiency, continuously improve the quality of its development, promote innovation and innovation with high quality, and win the battle for the second pioneering undertaking, and strive toward the goal of becoming a world-class enterprise.

Fuping requested that, in 2018, Yuchai Group should fully promote mixed ownership reforms, upgrade new strategies for industrial development, and release the vitality of reform; it must be global and build a new pattern of international development, not only as a leader in the Chinese domestic market, but also To build Chinese brands in overseas markets; to strengthen collaboration and build a sustainable new ecological environment with healthy industrial complementarity, full value chain linkage, and win-win development.

In accordance with the development strategy of “Extremely strong and moderately diversified”, in 2018, Yuchai will adjust its industrial structure to form an engine segment, a new energy segment, a smart manufacturing segment, an engineering structure segment, a component segment, a logistics and commerce segment, and finance. Plates and other seven industrial sectors.

With regard to employee benefits, Junping requested that in 2018, Yuchai Group should make every effort to build a fate community in which the company and its employees can rely on each other, so that all Yuchai people have a real sense of gain, a sense of home, a sense of accomplishment, and a sense of well-being. Harmonious and healthy Yuchai.

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