Yuchai Co., Ltd. and Dongfeng Liuzhou Automobile Co., Ltd. Sign the Sixth National Joint Development Framework Agreement

Over the years, Yuchai has teamed up with Dongfeng Liuzhou Power to achieve win-win cooperation and build a deep friendship. On June 21, Yu Ping, chairman of Yuchai, and Wu Qiwei, president of Yuchai, waited until Dongfeng Liuzhou Automobile Co., Ltd. (hereinafter referred to as “Dongfeng Liuqi”), and worked with Dongfeng Liuqi, general manager of China Sixth Product Planning and 2016 marketing cooperation. Cheng Daoran and other officials initiated exchanges and signed a six-nation joint development framework agreement, marking the official launch of the joint development of the two countries' Sixth National Products, and also pushing the bilateral relationship to a higher level.
Yuchai signed a six-nation joint development framework agreement with Dongfeng Liuzhou Auto Yuchai signed a six-nation joint development framework agreement with Dongfeng Liuzhou Auto

At present, with the increase of domestic environmental protection pressures, the implementation progress of the truck industry's emission upgrade regulations is also getting faster and faster. The industry is expected to implement the National Sixth Standard before and after 2020. In order to advance the layout and grab the market opportunities, Yuchai and Dongfeng Liuzhou will be united again after the joint engine customization in 2015, signing the joint development agreement of the Sixth National Product and launching the “Changlong-Yuchai Cup” logistics transportation contest. . The Long-Yuchai Cup Logistics Conveyance Competition aims to enhance the brand image with the influence of large customers. At the same time, it competes with the competing products to practise PK to temper its products and advance the market to seize the opportunity of the Sixth National Market.

At the meeting, Cheng Daoran stated that the original product of Liuzhou Automobile was mainly medium and heavy-duty. At the end of this year, the product began to cover heavy, medium-sized, and light-duty products. The reputation of Liuzhou Automobile Products, including logistics companies, had been significantly improved, and the quality of the entire vehicle was also improved. Obviously improved. As a result, market opportunities in the second half of the year will be even greater, especially since the market rebounded after the May policy was in place. This year, Yuchai’s several new products have been promoted more successfully and it is hoped that the next step of the cooperation between the two parties will be closer.

Lu Ping thanked Liuzhou for its help in market development over the years and for the effectiveness of YC6K's promotion. Yu Ping said that Yuchai will make every effort to do a good job of products and make high-end products. Especially in the six stages of the country, it is necessary to strive for excellence and create a global leading product. In order to do a good job of the product, Yuchai improved its product development efficiency by strengthening investment in the country's six technological transformations, hiring Japanese experts, promoting supplier business reform, and establishing development standards and systems. At the same time, in line with Liuzhou's strategic partnership, it is willing to continue to strengthen cooperation with Liuzhou to jointly promote the development of the Sixth National Product.

Over the years, Yuchai's performance in cooperation with Liuzhou Automobile in the truck market has been remarkable, and cooperation has promoted the development of both sides. At the beginning of 2016, the two companies jointly launched the Long-H7 (YC6K460) high-powered tractor to be widely watched at the Beijing Auto Show. From January to May 2016, the product has received 582 orders. Under the support of the product, Dongfeng Liuzhou Automobile Co., Ltd. The market share of large horsepower tractors above 400PS has increased from 38% in 2015 to the current 54%, accounting for most of the country.

In the first half of 2016, the two parties also took the lead in importing five products in the industry. From May to May 2016, the two parties jointly launched 15 large-scale listing conferences for Yuchai State in six regions including Guangdong and Jiangsu.

At present, the high-end logistics market is fiercely competitive and this cooperation will bring closer cooperation between the two parties. Dongfeng Liuqi and Yuchai, the brothers of the mall, will be more and more brave and provide customers with better products and services.

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