China Yuchai International reports detention of two Yuchai executives in China

SGX Filings

Oct 20

China Yuchai International Limited (CYD) announced on Oct, 20 2025 that Wu Qiwei, a Company Director and President of its main operating subsidiary Guangxi Yuchai Machinery Company Limited (Yuchai), and Qin Xiaohong, former Chief Accountant of Yuchai, have been detained by authorities in the People’s Republic of China. The Company said the reasons for the detentions and any related charges have not yet been verified.

Yuchai’s business operations continue under the leadership of Li Hanyang, Chairman of Yuchai’s Board of Directors. In Wu’s absence, Vice President Chen Hai is assisting in carrying out the duties of President to ensure day-to-day activities proceed without interruption.

China Yuchai International, through Yuchai, designs, manufactures and sells a broad range of powertrain solutions, including diesel, natural gas and new energy engines. In 2024, Yuchai sold 356,586 engines, reinforcing its position in the Chinese market.

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