In 2007, Yuchai Group achieved a major milestone, reporting annual engine sales that surpassed 500,000 units—far exceeding the total from 2006. This impressive growth placed Yuchai at the top of the industry, capturing half of the domestic high-end diesel engine market. The company recorded sales revenue of 18.35 billion yuan, reflecting a year-on-year increase of 29%.
Over the past year, Yulin City had introduced the development strategy of "strong Chai Xingyu," which provided strong support for Yuchai's continued expansion. At the same time, Yuchai focused on "green development and harmonious win-win" as its core business philosophy, significantly enhancing its independent research and development capabilities. As a result, the market competitiveness of its products continued to rise.
In 2007, Yuchai secured one-third of the Euro 4 engine orders for Beijing Olympic Games buses, breaking the long-standing dominance of high-emission diesel engines in the Chinese market. That same year, Yuchai launched its self-developed hybrid power system for urban passenger vehicles. Additionally, Yuchai successfully produced China’s first domestically developed 5-series diesel engine with full intellectual property rights. These technological breakthroughs reinforced Yuchai’s position as a leader in the industry, strengthening its competitive edge and long-term development prospects.
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