Yuchai Group Company promotes reengineering of management and control model

Yuchai ’s reform has received extensive attention. At the Yuchai Group's strategy seminar recently held, Yuchai Group also proposed a specific timetable for the reform. It plans to rebuild the Group's management and control model and promote the transformation and upgrading of the company.

Yuchai Group Co., Ltd. is a state-owned wholly-owned company established after the restructuring of the original Yuchai Plant. Since the investment and financing management enterprise model was established in 2007, major changes have taken place in the management system and strategy of Yuchai Group, and the operating efficiency of the company has steadily increased. In the first half of 2015, the overall operating situation showed an overall positive trend.

In response to new development needs, Yuchai Group plans to promote the transformation of its management and control model in the second half of 2015 and promote the transformation and upgrading of the company.

As for the next step of reform, Yu Ping, chairman of Yuchai Group’s board of directors, pointed out that two key tasks must be promoted at present: First, the enterprise reform has reached the point where it is necessary to overcome difficulties; Second, it is necessary to adjust strategic thinking, unify ideas, and strengthen funds. Resource management promotes the safe and healthy development of enterprises.

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