Yuchai Group Establishes "Global Marketing Settlement Center" in Tianjin

November 30, 2010, Yuchai Group in Tianjin Wuqing Development Zone business investment in the establishment of the headquarters base of Yuchai Heavy Industries (Tianjin) Co., Ltd. and Tianjin silver German Financial Leasing Co., Ltd. officially opened.

Wuqing District, Tianjin has a superior geographical location, convenient transportation, good ecological environment, rapid economic development, and broad investment and development potential. Yuchai Group is a leading enterprise in the national machinery industry and has strong economic and technological strength. The Tianjin and district governments and related departments will provide good services for the Yuchai Group's investment projects in Tianjin. The two sides will be strong and united, sincerely cooperate with each other, benefit each other and win, and will make due contribution to the economic and social development of Wuqing District and Tianjin City. contribution.

It is understood that in order to expand the northern market, Yuchai Group registered Yuchai Heavy Industry Tianjin Co., Ltd. and Yinde Finance Leasing Co., Ltd. in Wuqing Development Zone in August 2010, and will establish a global marketing settlement center for global market sales and services. And the financing platform for providing service support. It is estimated that the annual sales revenue of the two companies will reach more than 15 billion yuan and the tax revenue will be more than 300 million yuan.

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