With a year-on-year growth of over 30%, Yuchai has won thunderstorms with its solid strength

Recently, good news came from the General Machinery Power Division of Yuchai Co., LTD. From January to November, the engine sales volume of the general machinery division reached 150,000 units, increasing by more than 30% year-on-year, and the annual "double growth" target was achieved two months ahead of schedule. In the field of agricultural machinery, the cumulative sales of engines for agricultural machinery matching have reached nearly 100,000 units, with a year-on-year growth of 25%, leading the entire industry. The six strategic market special projects, namely 50 loaders, excavators, mining vehicles, tractors, silage cotton pickers and overseas markets, all achieved significant breakthroughs with remarkable results. Among them, the sales volume of 50 loaders increased by 962% year-on-year. The sales volume of mining vehicles increased by 94% year-on-year. The market shares of air compressors and drilling RIGS have risen to 83% and 72% respectively. The aerial work platform has broken the monopoly of imported power brands and has rapidly increased in sales volume. As of now, the sales volume of construction machinery has exceeded 45,000 units, with a year-on-year growth of over 40%, laying a solid foundation for sales growth in the coming year and beyond.

Yuchai's first K16 mining power unit was delivered to Tongli Heavy Industry (Tan Guirong, senior vice president of Yuchai Co., LTD., is on the right)

Breakthroughs have been made in various specialized supporting markets, with encouraging results

Despite the impact of the COVID-19 pandemic in 2021, the General Machinery Power Division of Yuchai Corporation still delivered an outstanding performance. Not only have all business segments flourished, but also significant breakthroughs have been made in key specialized markets. To describe it as a bountiful harvest is truly fitting.

Zoomlion ZE700GC mining excavator equipped with Yuchai K16 engine

Excavators are a key market that Yuchai Co., Ltd. is focusing on expanding. Since Yuchai made its first breakthrough in 20-ton crawler excavators in 2020, it has achieved a historic breakthrough in large crawler excavators this year. Recently, the Zoomlion ZE700GC mining excavator, which is successfully equipped with a Yuchai K16 engine, has completed the debugging of various indicators such as controllability, power performance and economy, and has performed outstandingly. This move successfully broke the long-term monopoly of imported diesel engines in the large excavator field, giving large crawler excavators a "Chinese core" from then on. By now, Yuchai's product line has covered small, medium and large crawler excavators, making it a leader among domestic brands. It is reported that Yuchai's ability to make breakthroughs first in the matching of medium and large-sized crawler excavators is not accidental but the result of long-term meticulous efforts. First, in terms of product technology, domestic core component manufacturers, after years of technological accumulation, have broken through the technological barriers of foreign brands in product technology and formed their own core technological strength. Second, there has been a huge leap in product manufacturing processes. Yuchai's dark factory and the National VI T4 product line rank among the top in the world, even surpassing Germany's Industry 4.0. Thirdly, the comprehensive competitiveness of domestic core components is relatively strong, and they have obvious advantages in terms of service, accessories, and supply cycle. Fourth, Yuchai was one of the earliest enterprises to enter the field of supporting crawler excavators and has rich experience. Among them, the matching of engines and hydraulic systems is the core competitiveness of Yuchai. In recent years, Yuchai has carried out supply cooperation with most of the mainstream crawler excavator enterprises in China. It has achieved batch supply cooperation with the main engine manufacturers such as Liugong, Sanyo Intelligent, Zoomlion and Yuchai Heavy Industry, and has received a good market response.

The 50 loader has become the fastest-growing area in Yuchai's construction machinery sector. This year, the supply volume with Liugong has tripled compared to last year. In addition to strengthening its strategic cooperation with Liugong, Yuchai is also actively enhancing its collaboration with mainstream mainframe manufacturers such as Sany, Shandong Lingong, and XCMG, striving for a larger supply volume. According to a relevant person from Yuchai Co., LTD., the rapid growth of Yuchai in the 50 loader field is inseparable from the performance of Yuchai engines and the high-quality services it provides. The high-horsepower engine with National IV emission standards specially developed by Yuchai for 50 loaders features reliability, durability, safety, efficiency, economy and fuel economy, and is deeply loved by loader users. Meanwhile, Yuchai's service network comprehensively covers all construction sites. Service engineers provide users with 24-hour considerate services, completely eliminating customers' worries. Therefore, many customers specifically request to purchase loaders equipped with Yuchai's high-horsepower engines. The matching prospects for Yuchai's 50 loaders are very broad.

Shandong Pengxiang wide-body mining truck equipped with Yuchai K16 engine

New breakthroughs have been made in the power matching of mining vehicles. Up to now, in the field of mining vehicles, Yuchai has successively achieved matching with many mining vehicle manufacturing enterprises such as Liugong, XCMG, Shaanxi Tongli Heavy Industry and Shandong Pengxiang. Among them, the proportion of Liuzhou Mining and Industrial vehicles equipped with Yuchai engines is as high as over 95%. The high reliability, high availability rate and high fuel economy of Yuchai YC6K engines have been highly recognized by mining users and have become the ideal power brand for many mining users. To serve the construction of green mines and contribute to "carbon neutrality", Yuchai and Lingong Heavy Machinery have jointly launched two new energy products with a capacity of over 100 tons. At present, these two 100-ton mining dump trucks equipped with Yuchai range extender engines have been put into trial operation in Xinjiang region, and the overall performance of the vehicles is good. Both sides are interested in further enhancing cooperation in the field of new energy power. In the future, Yuchai will provide more customized new energy power supporting solutions for Lingong Heavy Machinery.

Hunan Xingbang aerial work platform matched with Yuchai F30 engine

A new breakthrough has been achieved in aerial work platforms. Recently, the TB26J model of Hunan Xingbang aerial work platform was successfully equipped with Yuchai power, becoming the first non-road aerial work platform in China to meet the National IV emission standards. This prototype vehicle is equipped with a Yuchai F30 series diesel engine, which features a lightweight design, strong power, high working efficiency, and fuel economy. Its climbing performance can reach up to 45%. Both the overall performance of the vehicle and the quality of the engine are superior to those of its competitors, and it has received high praise from customers. This time, Yuchai and Hunan Xingbang have joined forces to jointly create a model model of domestic aerial work platforms with T4 emissions, leading the technological improvement and emission upgrade of aerial work platforms, and making positive contributions to the replacement of imported power with domestic power.

We have achieved comprehensive success in our advantageous fields and continue to lead the market

Wheel excavators, drilling RIGS, air compressors, etc. are Yuchai's traditional advantageous markets. In these traditional advantageous fields, Yuchai's advantages have been further strengthened, achieving faster development.

The Wode cotton picker equipped with Yuchai power helps cotton farmers in Xinjiang achieve a bountiful harvest

As the primary driving force in the wheel excavator market, Yuchai's matching rate in the wheel excavator market has exceeded 70%. This year, Yuchai continues to adopt a meticulous cultivation policy in the wheel excavator market, and its matching rate and sales volume have further increased.

A new market for forklifts ranging from 4 tons to less than 5 tons has been opened up, further increasing the proportion of forklifts over 12 tons. The proportion of forklifts in the 5-10 ton forklift sector has also been further enhanced.

The Yuchai 4-cylinder A05 engine paired with the 30 loader has been highly recognized by the market for its fuel efficiency and high cost performance. From January to November, the sales volume of the Yuchai 30 loader increased by more than 30%.

Air compressors and drilling RIGS have always been Yuchai's traditional strong markets, with a supporting rate as high as 90%. From January to May, air compressors and drilling RIGS witnessed explosive growth, with Yuchai increasing by more than 30% year-on-year.

The overseas market has maintained a good momentum. From January to October, thanks to the strong pull of the "Belt and Road" market, Yuchai's overseas export sales increased by more than 44%, among which the export of engineering machinery rose by more than 50%. In 2022, Yuchai will fully leverage its global R&D and service network advantages to strengthen cooperation with various mainframe manufacturers, further expand the markets along the "Belt and Road", and further increase its share of overseas market support.

We will take multiple measures to boost the general machinery industry to new heights

The year 2021 was a year of stable development for the construction machinery industry. After experiencing rapid growth in the previous years, affected by factors such as the COVID-19 pandemic and the sluggish real estate market, the construction machinery industry gradually entered a period of stable development. Despite the overall slowdown in the growth rate of construction machinery, Yuchai Co., Ltd. has continued to maintain a high growth momentum. This cannot be denied to be closely related to its wise layout in the previous few years.

Yuchai K16 engine

Yuchai is the earliest enterprise to develop non-road National IV products. It is the only engine manufacturer in China that has simultaneously passed the SCR and EGR dual-route type approval for non-road National IV engines, and also the enterprise with the most models that have passed the non-road National IV certification. By comprehensively learning and introducing Huawei's IPD system, Yuchai's product competitiveness has been significantly enhanced. New series of products such as Euro 5 and Indian Stage 4 have been added, further enriching the product range of T4. The R&D team of Yuchai General Machinery Power has closely focused on market demands and successively developed a series of products such as F24/K08/K16/12VTD, meeting the major demands of domestic and international construction machinery and agricultural machinery markets. We have professionally developed 13 series of T4 products on three major product platforms, namely A, K and F general machines. The completion rate of project development nodes has reached 100%, and the key development indicators have reached the international advanced level.

As the largest professional power manufacturer in China, Yuchai has 5,000 professional service outlets and 6,000 parts centers worldwide, with the shortest service radius in the industry. Yuchai promises to respond within 10 minutes after receiving a customer's call, depart within 30 minutes, arrive on site within 1.5 hours, and handle general faults within 6 hours. The service speed is the fastest in the industry. All products are covered by a 24-hour global warranty. Provide intelligent services within easy reach; Implement full-process preventive diagnosis, full-process technical support, and full-process tracking evaluation. Provide users with customized service solutions covering the entire life cycle; The emission warranty reaches 7 years or 700,000 kilometers... In order to better meet customer demands and enhance global market competitiveness, Yuchai has carried out a brand-new upgrade of its service content this year. "Yuchai Service is worry-free and fast" has become the new service slogan, and the upgraded Yuchai service capacity has been further enhanced.

Lean management operates more efficiently. Since the beginning of this year, the five IT intelligent platforms led by Tongji, namely commodity project management, supporting project management, parts generalization management, cost and benefit management, and smart operation platform, have all been successfully launched, significantly enhancing the business efficiency and lean management level of the Tongji sector. In July this year, the Tongji Power Project Management Office was officially established. A systematic reform of the business operation mode was carried out in aspects such as improving customer communication, integrating headquarters resources, and strengthening work planning. The project synergy and new product delivery capabilities of Tongji Power have been further enhanced, and customer satisfaction has significantly increased.

At present, Yuchai General Machinery Power Division is steadily moving towards the goals of digitalization, intelligence, standardization and refinement, helping the company improve quality and efficiency and create greater value for customers. 2022 marks the second year of the 14th Five-Year Plan and is also the year when the non-road National IV standards are officially implemented. Facing the future, Yuchai has clearly made good preparations.