China Yuchai International Ltd., a holding company, manufactures and sells diverse engines for various vehicles and equipment through its Yuchai segment, mainly in China, and also operates in hospitality and property development via its HLGE segment in China and Malaysia. The company, employing 8,579 people, creates engines for trucks, buses, construction equipment, and more, and runs the Copthorne Hotel Cameron Highlands in Malaysia through HLGE.
CYD has been in the news recently: China Yuchai International Limited approved an equity incentive plan to acquire a 6.54% interest in MGP for US$3.94 million. They also approved a share buyback plan to repurchase up to $40 million or 4 million shares, leading to a rise in their stock price.
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