On June 20, the World Brand Laboratory released the 20th "China's 500 Most Valuable Brands" in Beijing in 2018. The Yuchai brand ranked 103rd with a brand value of 41.598 billion yuan, exceeding the 40 billion yuan mark. Last year rose 7.002 billion yuan.
As the first brand of Guangxi Machinery Industry, Yuchai was selected as China's 500 Most Valuable Brands for 13 consecutive years, and continues to lead the industry, which fully demonstrates that Yuchai has always focused on its main business and its relentless pursuit of excellence.
In 2017, with the deep adjustment of the national industrial structure and the increasingly fierce competition in the industry, Yuchai continued to upgrade its R&D and manufacturing technologies, maintaining a steady increase in sales revenue and profits, and further enhancing its core product competitiveness. In January 2018, Yuchai released The new SKY high-end national six engine representing the world-class level, launched a full-scale sprint to the goal of being the first-tier international combustion engine.
World Brand Labs is an international, professional brand research institution. It is wholly-owned by the World Entrepreneurial Group, a leading global strategic consulting company. Its research results have become an important basis for the evaluation of intangible assets in the merger and acquisition process of many companies.