China Yuchai Establishes New Technology Subsidiary

China Yuchai Establishes New Technology Subsidiary

The subsidiary will develop proprietary operating systems to enable data analytics for connected on- and off-road vehicles.

China Yuchai International Limited, a manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Co. Ltd. (GYMCL), has announced that GYMCL has incorporated a wholly owned subsidiary, Guangxi Xing Yun Cloud Technology Co. Ltd., (Xing Yun Cloud) with a registered capital of RMB 10 million (approximately $1.5 million).

This newly formed subsidiary will develop proprietary operating systems to enable data analytics for smart and connected solutions for both on- and off-road vehicles as well as machines. In addition, Xing Yun Cloud will manage IT operations and maintenance, develop and support new digital projects, and develop intelligent networks and processes for the GYMCL group of companies.

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