National Press Release
 | Clarification on Press Release of September 30, 2008
Published 2008-10-01 07:01
By China Yuchai International |


SINGAPORE, Oct. 1 /Xinhua-PRNewswire-FirstCall/ -- China Yuchai
International Limited (NYSE: CYD) ("China Yuchai" or the "Company") today
clarified that, in the press release filed on September 30, 2008 with the U.S.
Securities and Exchange Commission on Form 6-K, the Company did not intend to
imply that it has been required to restate, or is engaged in another
restatement of, either its 2005 or 2006 audited consolidated financial
statements. The intent was simply to explain that the stated delay resulted
from the extensive amount of time required to restate in the past as well as
the completion and filing of its 2006 audited consolidated financial
statements. There has been no new discovery requiring any need to restate its
2005 or 2006 audited consolidated financial statements. The Company is in the
final stages of finalizing its 2007 consolidated financial statements.
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai
Machinery Company Limited ("GYMCL"), engages in the manufacture, assembly, and
sale of a wide array of light-duty, medium-sized and heavy-duty diesel engines
for construction equipment, trucks, buses, and cars in China. GYMCL also
produces diesel power generators, which are primarily used in the construction
and mining industries. Through its regional sales offices and authorized
customer service centers, the Company distributes its diesel engines directly
to auto OEMs and retailers and provides maintenance and retrofitting services
throughout China. Founded in 1951, GYMCL has established a reputable brand
name, strong research & development team and significant market share in China
with high-quality products and reliable after-sales support. In 2007, GYMCL
sold approximately 383,000 diesel engines and was consistently ranked No. 1 in
unit sales by China Association of Automobile Manufacturers. For more
information, please visit http://www.hlcorp.com.sg/cyi .
For more information, please contact:
Kevin Theiss / Dixon Chen
Grayling Global
Tel: +1-646-284-9409
Email: ktheiss@hfgcg.com
dchen@hfgcg.com
SOURCE China Yuchai International
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