Yuchai Thailand Factory Officially Put into Operation, Opening a New Era of Globalization Strategy

August 21, 2024

Xie Jieren, Vice Chairman of Zhengda Group、Dai Hongkai, Vice President of Supply Chain of Beiqi Foton Overseas Business Department、Luo Ming, Vice President of Wode Group、Zhu Linjun, General Manager of Wode Agricultural Machinery、Sany Heavy Industry（Thailand）Chairman Li Hui、Zoomlion（Thailand）General Manager Gan Mengfei、Xiang Dongsheng, General Manager of Liugong Asia Pacific Region, etc.，And Li Hanyang, chairman of Yuchai.、Wu Qiwei, President of Yuchai Co., Ltd., attended the event。

At the opening ceremony.，Yuchai senior leaders and Fukuda、Representatives of important partners such as Ward and guests from all walks of life witnessed this historic moment.。Power system of Yuchai machine（Thailand）Ltd. mainly produces diesel engines.、Natural gas engine、New energy power and other products，The first batch of products put into production includeK08、S06 andS04 Three series，The subsequent annual production capacity will be expanded to 30,000 units.，It can produce various series of products from 2 liters to 11 liters of Yuchai.。

Yuchai is one of the earliest engine export enterprises in China.，It has been exporting its products to Southeast Asia since the early 1960s.。For more than half a century,，The pace of internationalization of Yuchai is accelerating.，Especially in the last decade.，Thanks to the open and cooperative policies of China and ASEAN countries，Yuchai gives full play to its geographical advantages、Product advantages and channel advantages，Become the pioneer of ASEAN market expansion。2004，Yuchai exports only 400 sets to ASEAN.，In recent years, it has grown to more than 20000 units per year.，It occupies an important share of Yuchai's overseas sales.。At present，Yuchai has set up 21 overseas agencies and 495 service agents in the world.，The number of products exceeds 680,000.。

In the new era，Yuchai regards the Thai factory as an important starting point for its globalization strategy.，It will further strengthen its cooperation with important partners such as Beiqi Futian.，Enhance product competitiveness，And expand the Southeast Asian market.。Through this strategic layout,，Greatly increase the share of Yuchai products in overseas markets，Particularly in the ASEAN region，Further consolidate and expand market space，Build a solid foundation for global business growth。

Today，First set in Thailand factoryK08 The engine officially rolled off the production line and was delivered to customers，It marks the official launch of the global market blueprint drawn by Yuchai and its partners.。

Li Hanyang said，Yuchai Thailand Factory Opening is Yuchai's Pursuit、Aim、Embodiment of business philosophy，Yuchai insisted“1235”Strategic objectives，Achieve annual sales of 1 million engines，The goal of becoming a world-class power system supplier is unshakable；Adhere to the two tracks of new energy power and traditional power.；Insist on doing it all、Make new、The working principle of strengthening is unshakable.。Future，Yuchai will adhere to the principle of gradual progress and small steps.，Investment in Thailand plant in three phases，Build a world-class factory with an annual capacity of more than 50,000 units，Radiation Southeast Asian countries，To help customers succeed。