China Yuchai Names New President

Mr. Saw, considered to be a veteran of the automotive industry, had previous experiences with organizations like Cummins as well as General Motors.

Mr. Teo said: "We believe that his extensive industry knowledge and management experience will be invaluable in driving the Company forward during this difficult economic climate and we look forward to working closely with him to enhance shareholder value."

China Yuchai, through its subsidiary Guangxi Yuchai Machinery, is engaged in the manufacture, assembly, and sale of light-duty, medium-sized and heavy-duty diesel engines for construction equipment, trucks, buses, and cars in China.

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