Yuchai signed a comprehensive strategic cooperation agreement with Jinlong Automobile of Vietnam to jointly build an engine factory with a total investment of 260 million US dollars.

Secretary of the Provincial Committee of Thua Thien Hue, Vietnam、President of the Provincial People's Assembly、Li Changliu, head of the provincial Congress delegation，Ding Yuming, full-time member of the Economic Committee of the Vietnamese National Assembly，And VietnamFUTARuan Youlun, Chairman of the Board of Directors of the Group，Wu Feihai, General Manager of Jinlong Automobile, Vietnam，Li Hanyang, Chairman of Yuchai Co., Ltd.，Wu Qiwei, President of Yuchai Co., Ltd., and other leaders and industry guests attended the signing ceremony and the foundation laying ceremony of the engine factory.。

Engine factory built by Yuchai Co., Ltd. in cooperation with Jinlong Automobile of Vietnam，Investment in two phases，The first phase is expected to be put into operation in the second quarter of 2025.。Factory equipped with the world's leading、Highly automated engine assembly line，It mainly produces a full range of Yuchai diesel and natural gas engines.，Commercial Vehicles are covered、Construction machinery、Agricultural machinery、Ship、Power generation and other application fields，The annual production capacity is more than 1.20,000 units。The completion of the new plant will greatly enhance the level of Vietnam's automobile industry.。 

Products produced by the engine factory，It will not only meet the loading demand of Jinlong Automobile in Vietnam，Serving the domestic market in Vietnam，Also targeting exports to ASEAN、Korean market，Help Vietnam Jinlong Automobile and Yuchai to participate more deeply in global supply chain competition。

At the signing ceremony，Wu Feihai, General Manager of Jinlong Automobile, Vietnam、Wu Qiwei, president of Yuchai Stock Company, signed the cooperation agreement respectively.，Start a new journey of cooperation。

Li Hanyang said，Like-minded，We can stand together through thick and thin。Vietnam Jinlong Automobile and Yuchai Stock share the same business philosophy.，Common aspiration and pursuit，Shared corporate vision。Future，Yuchai shares will give full play to R & D technology、Production assembly and supply chain advantages，Promote the construction of engine factories in Vietnam，Build Vietnam Engine Factory into a World-class Factory，Realize in-depth cooperation with Jinlong Automobile in Vietnam、Common growth and win-win development。

The day of the event，Vietnam Jinlong Automobile and Yuchai Stock also officially launched a new Yuchai.KGolden Dragon 99 Sleeper Bus with 11 Engine，And toFUTA Bus Lines、Three major customers of Heshan Company and New Developed Company delivered the first batch of 60 Jinlong 99 sleeper buses in 600 contracts.。

YuchaiKSleeper buses with 11 engines have been tested in different terrains and steep road conditions in Vietnam for several months.。The results show，Compared to existing engines on some of the existing sleeper bus routes in the Vietnamese market，YuchaiK11Low engine fuel consumption efficiency5-6 liters/100 kilometers，It can greatly reduce the operating cost of passenger transport business.，Provides the best engine solution for the entire Vehicle in terms of reliability and fuel consumption。

FUTAThe group is a main passenger transport company in Vietnam.、Freight、Automobile assembly production、Large enterprise groups in real estate and other businesses，Its Vietnam Golden Dragon Automobile is a company engaged in automobile manufacturing.、Companies that assemble and sell。

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