Energy-saving and emission-reduction policies boost Yuchai’s substantial increase in revenue
Wenzhou Fonan Automotive Electronics Co., Ltd. , https://www.fonansensor.com
Due to the strong influence of the national energy-saving emission reduction policy, this year, Yuchai’s shares in mass production of engines that meet the national Euro II emission standards, and with its brand effect, won the trust of many auto manufacturers, the products are marketable, and tax revenues increase substantially. As of the end of August, Yuchai’s shareholdings totaled 357.71 million yuan, a year-on-year increase of 124.87 million yuan, an increase of 53.86%.
View related topics: Yuchai won the "China Brand Annual Award NO.1" (internal combustion engine) title in 2007