Singapore – Jan, 12 2026 – China Yuchai International (CYD) said its main operating subsidiary, Guangxi Yuchai Machinery Company, has acquired 83,918,495 shares of Nanyue Diankong (Hengyang) Industrial Technology, equal to a 27.97% stake, for about 176.2 million Singapore dollars in cash.

Following the transaction, Yuchai becomes the second-largest shareholder of Nanyue Diankong (NYDK). The subsidiary also signed a concerted action agreement with NYDK’s largest shareholder, Hunan Hengyang Auto Parts Factory, securing control over NYDK’s operations, including the right to appoint six of nine board directors and the general manager.

NYDK is a national high-tech company specializing in fuel-injection systems such as common-rail systems, unit pumps and mechanical pumps. Yuchai said the acquisition will bolster its supply chain for critical powertrain components.

Founded in 1951, Yuchai designs, manufactures and sells a broad range of light-, medium- and heavy-duty engines for trucks, buses, construction and agricultural equipment, marine vessels and power-generation applications. In 2024, it sold 356,586 engines worldwide.