On April 6, 2012, Guangxi Yuchai Machinery Group, the largest engine manufacturer in China, signed a strategic cooperation agreement with the People's Government of Suizhou City to jointly build the “Capital of Chinese Special Vehiclesâ€.
Yuchai Group is the largest exporter of small and medium-sized construction machinery in China. Last year, the Group’s sales revenue reached 42.921 billion yuan, a year-on-year increase of 15.86%.
Suizhou is the capital of China's special-purpose vehicles. With a high concentration of industries, Suizhou has become a well-known special-purpose automobile production base in China and an important part of Hubei's “car corridorâ€. It owns more than 200 special-purpose automobiles and parts and components companies, and has the first domestic production and sales of various products.
After the Yuchai Group settled in Suizhou, it invested RMB 600 million in the first phase to build a special-purpose automobile plate project. The formation of strategic cooperation can enable the two sides to achieve complementary advantages in industry, technology, talent, and management, and expand the advantages and influence of the “China’s special-purpose automobile capitalâ€.
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