Guangxi's six companies entered the top 500 of China's top 500 Yuchai

On August 22, 2015, the China Enterprise Confederation and the China Entrepreneurs Association published the 2015 Top 500 Chinese Enterprises list in Nanning, and 6 Guangxi enterprises such as Yuchai Group.

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In 2014, the world economic situation was complex and changeable, and China’s economic development entered a new normal state. The expansion of the scale of China’s enterprises has slowed down significantly, but overall it still shows steady growth. In 2015 China's Top 500 List of Enterprises, a total of 6 companies entered Guangxi, namely Guangxi Investment Group, Guangxi Construction Engineering, Guangxi Liuzhou Steel, Beibu Gulf Port Group, Yuchai Group, and Guangxi Communications Investment Group. Among them, Yuchai Group ranks 316 among the top 500 Chinese companies, and the profitability is among the best among the six selected companies in the region.

In 2014, in the context of the market downturn, Yuchai Group's consolidated revenue decreased by 5.52% year-on-year. However, Yuchai Group's investment in independent innovation was further strengthened. The R&D investment increased by 4.2% year-on-year, R&D investment accounted for 1.9% of total revenue, of which Yuchai's R&D investment accounted for more than 3%, which was higher than that of Chinese enterprises' R&D investment accounted for 1.1%. Average. The Yuchai Group’s R&D capabilities have also been further enhanced. In 2014, 637 patents were granted, an increase of 19.5% year-on-year. In 2015, Yuchai Group continued to promote the “second entrepreneurial” development strategy. Enterprises entered the phase of reform and adjustment, and corporate development is facing major opportunities and challenges.