China Yuchai International (NYSE: CYD) flags probe of former director Wu Qiwei

SGX Filings
Oct 29

China Yuchai International Limited (NYSE: CYD) said on Oct, 29 2025 that Guangxi Zhuang Autonomous Region authorities announced on Oct, 28 2025 that former director Wu Qiwei is suspected of serious violations of discipline and law.

The company noted that Mr. Wu is under disciplinary review by the Discipline Inspection Commission of Guangxi Yuchai Machinery Group Company Limited and is being investigated by the Yulin Municipal Supervisory Commission.

China Yuchai added that Mr. Wu resigned from his roles as a director of both the parent company and its main operating subsidiary, Guangxi Yuchai Machinery Company Limited, effective Oct, 28 2025.

The Singapore-incorporated engine maker, founded in 1951, manufactures light-, medium- and heavy-duty engines and sold 356,586 units in 2024.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10