China South Car and Yuchai group jointly build tens of billions of engine base

BEIJING, March 7 (Xinhua) China Southern Car, Yuchai Group and South June Group 7th jointly funded the formation of South vehicle Yuchai Sichuan Engine Co., Ltd., to build China's Western engine development and manufacturing base in Ziyang, Sichuan province. The newly formed South vehicle Yuchai Sichuan Engine Co., Ltd., will be used in western China for automobiles, locomotives, ships, land power generation and other four areas of high-speed engine development enterprises, a registered capital of 300 million yuan, the total investment of 3 billion yuan, all up to the postpartum will achieve annual output of high-speed engine 200,000 units, Medium-speed engine 700 capacity, realize the annual output value of 10 billion yuan, profits and taxes 1 billion yuan.　　and strive for more than 3-5 years, the Ziyang construction into an international competitiveness, the domestic first-class engine manufacturing base in the west. China Southern car is China's largest rail transport equipment development enterprises in the world rail transport equipment manufacturing industry has a prominent influence, 2010 ranked the world's second largest rail transport equipment industry. South Car Ziyang Locomotive Co., Ltd. is a subsidiary of China South Car, is the main body of China South car investment cooperation. Guangxi Yuchai is China's largest engine development enterprises, with annual production and sales of diesel engine 600,000 units, small and medium-sized construction machinery 10,000 units of strength. Sichuan nan Chun Automobile Group Co., Ltd. is China's major commercial vehicle manufacturers, Sichuan Province, the largest commercial vehicle manufacturing enterprises.