Guangxi Yuchai Machinery Co., Ltd. (hereinafter referred to as “Yuchai”), founded in 1951, was restructured from a state-owned company to a joint-stock one in 1992. Yuchai headquartered in Yulin, Guangxi Zhuang Autonomous Region, with 10 subsidiaries. Its production bases are located in Guangxi, Jiangsu, Anhui, and Shandong. It is the largest independent diesel engine manufacturer in China and a production base of internal combustion engines with a full range of models. Its annual sales revenue reaches over 20 billion RMB and its annual production capacity 600,000 engines.