Zhuhai Yuchai 2 engines will be delivered

In 2012, it will become a year of great development for Yuchai Marine Power Co., Ltd. (hereinafter referred to as Zhuhai Yuchai). Just after the end of the Chinese New Year holiday, there was a festive news from the company: its second engine has been assembled, and it is planned to be tested in the near future and will be delivered to users in March. In addition, the second phase of the low-speed aircraft with a total investment of 2.5 billion yuan will be launched as soon as this year. At the same time, medium-speed and high-speed aircraft projects are also expected to start within the year. The total planned investment of Zhuhai Yuchai in the field of marine diesel engines will reach 8 billion yuan.

The second phase of Zhuhai Yuchai's low-speed machine will achieve a production capacity of 5 million to 8 million horsepower and a production and sales capacity of more than 8 billion yuan. By then, Zhuhai Yuchai's low-speed machine production and sales capacity will rank first in China and the top three in the world.

Also this year, Zhuhai Yuchai will invest 50 million yuan to establish China's first and the world's most advanced low-speed machine Euro III emission test center. Under the guarantee that the investment in research and development is not less than 5% of the sales revenue every year, the national-level ship engine technology center will be built within three years.

Guangxi Yuchai Group is China's largest internal combustion engine production base. The Zhuhai Yuchai Project in Fushan Industrial Park, Doumen District, Zhuhai City was built by Guangxi Yuchai Group with an investment of 2.5 billion yuan. It is the largest investment project of Yuchai Group outside the headquarters base. Zhuhai Yuchai officially started the first engine on November 11, 2011. Zhuhai Yuchai plans to become the leading domestic ship power supplier within 5-8 years.

It is understood that in the medium-speed machine and high-speed machine project, Zhuhai Yuchai will cooperate with Wärtsilä Switzerland. In the medium-speed machine project, Zhuhai Yuchai plans to make joint ventures with companies such as Wärtsilä Switzerland or use other companies' licenses to produce medium-speed machines. The total investment of the project will reach 2.5 billion yuan, with a production capacity of 1,000 sets and an output value of 4 billion yuan. The first phase of investment is 1.0-1.5 billion yuan, which is expected to be implemented in the second quarter of this year. The first batch of products will be produced in 2013.

The high-speed engine has a total investment of 1 billion to 1,500 million yuan and a production capacity of 30,000 units, achieving an output value of 3 billion yuan. At present, Zhuhai Yuchai has already held three rounds of talks with Wärtsilä on this project and is expected to start in the second half of this year.