On December 18, the plant of the Zhejiang Yuchai Sanli Engine Project started construction on the rooftop. The Zhejiang Yuchai Sanli Engine Project was jointly funded by Guangxi Yuchai Machinery Co., Ltd., Zhejiang Geely Holding Group Co., Ltd. and Zhejiang Yinlun Machinery Co., Ltd., with a total investment of nearly 2 billion yuan. After the completion of the project, it will annually produce 300,000 diesel engines. Taiwan, the sales value will exceed 6 billion yuan.
Zhejiang Yuchai Sanli Engine Project began planning at the end of 2006. At the end of 2007, the three parties of Guangxi Yuchai, Zhejiang Geely and Zhejiang Silver Wheel held a signing ceremony for a diesel engine cooperation project on the rooftop, marking that the project has entered the substantive preparation stage. After two years of preliminary preparation, preparations for the construction of the project plant were completed.
Guangxi Yuchai is a leading company in China's diesel engine industry. Its diesel engine production and sales have been leading in China for eight consecutive years, and it has world-class engine manufacturing technology. Zhejiang Geely Holding Group Co., Ltd. is China's second-largest independent brand of passenger cars. It has entered the top 500 Chinese companies for six consecutive years and has been in the top ten cars in China for four consecutive years. Zhejiang Yinlun is a leading enterprise in China's internal combustion engine heat exchanger industry. China's internal combustion engine heat exchanger industry standards lead the development of units. It can be said that the three parties involved in the cooperation are representatives of domestic auto vehicles, automobile engines and key auto parts. The cooperation of the three parties is “strong alliance and mutual complementarityâ€. The Yuchai Sanli Engine Project will also become China’s auto industry. Portrait of a successful vertical alliance.
China is the third largest automobile producer in the world. For the first time this year, it surpassed the United States in car sales and became the world's largest consumer car market. With the development of society and the improvement of people’s living standards, automobiles will become more and more popular as high-end consumer goods in China. With the enhancement of people's awareness of environmental protection, Yuchai Sanli engine products that meet the low emission standards will usher in a broad market and development space.
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