The Rolls-Royce Power Systems division and its Chinese partner Guangxi Yuchai Machinery Company intend to further intensify their collaboration in the construction and sale of engines. A corresponding agreement was signed by representatives of both companies during the visit to Friedrichshafen by a high-ranking delegation from Guangxi Zhuang Autonomous Region headed by Chairman Chen Wu and Yuchai Chairman Yan Ping.
The two companies are already partnering closely in their joint venture MTU Yuchai Power, which was founded in 2017 and manufactures MTU S4000 diesel engines in the southern Chinese city of Yulin. The joint venture has been manufacturing MTU engines for power generation applications in the Chinese market since 2018.
“The successes we have had so far are a good basis for working together to develop further areas of collaboration for the benefit of all involved,” said Tobias Ostermaier, President, Greater China at Rolls-Royce Power Systems, at the signing of the agreement.
“In Rolls-Royce Power Systems, we are happy to have found a globally successful partner and a technology leader. Combining this with the local market knowledge and production capability of Yuchai Machinery is an ideal way to address the future together,” emphasized Yan Ping, Chairman of the Yuchai Machinery.
“It is a great pleasure for me to see the partnership between a Chinese and a European company growing and thriving,” said Chen Wu, Chairman of Guangxi Zhuang Autonomous Region, which has a population of almost 50 million and is home to both Yuchai Group and the MTU Yuchai Power joint venture.
For more information:
Rolls-Royce Power Systems
www.rrpowersystems.com