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China Yuchai Takes Control Stake in Fuel Injection Specialist NYDK to Bolster Powertrain Supply Chain

Story Highlights
  • China Yuchai’s Yuchai unit bought 27.97% of NYDK for RMB 176.2 million.
  • Through an agreement with NYDK’s top shareholder, Yuchai gained operational control to strengthen its supply chain.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Yuchai Takes Control Stake in Fuel Injection Specialist NYDK to Bolster Powertrain Supply Chain

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An announcement from China Yuchai International ( (CYD) ) is now available.

On January 12, 2026, China Yuchai announced that its subsidiary Yuchai acquired 83,918,495 shares in Nanyue Diankong (Hengyang) Industrial Technology, equal to a 27.97% equity stake, for about RMB 176.2 million in cash, making Yuchai the second-largest shareholder. By simultaneously signing a concerted action agreement with NYDK’s largest shareholder, Hunan Hengyang Auto Parts Factory, Yuchai obtained operational control, including the right to nominate six of nine directors and appoint the general manager, thereby strengthening its control over a key supplier. NYDK, a national high-tech leader in fuel injection systems such as common rail, unit and mechanical pumps, is expected to enhance Yuchai’s supply chain for critical components used in its powertrain solutions, reinforcing its technological capabilities and vertical integration in the competitive engine and powertrain market.

The most recent analyst rating on (CYD) stock is a Hold with a $38.00 price target. To see the full list of analyst forecasts on China Yuchai International stock, see the CYD Stock Forecast page.

Spark’s Take on CYD Stock

According to Spark, TipRanks’ AI Analyst, CYD is a Neutral.

The overall stock score of 60 reflects a balanced financial performance with a strong balance sheet and moderate revenue growth. However, thin profit margins and declining free cash flow growth present challenges. Technical analysis shows mixed momentum, and the valuation indicates moderate pricing with limited dividend yield. The absence of earnings call data and corporate events did not impact the score.

To see Spark’s full report on CYD stock, click here.

More about China Yuchai International

China Yuchai International, through its main subsidiary Guangxi Yuchai Machinery Company, is one of China’s leading powertrain solution providers, designing, manufacturing and selling a wide range of light-, medium- and heavy-duty engines for trucks, buses, construction and agricultural machinery, marine and power generation uses. Its portfolio spans diesel, natural gas and new-energy powertrains, including pure electric, range extenders, hybrid and fuel cell systems, supported by an extensive sales and service network across China and overseas; in 2024, it sold 356,586 engines, cementing its strong domestic market position.

Average Trading Volume: 185,304

Technical Sentiment Signal: Buy

Current Market Cap: $1.56B

See more data about CYD stock on TipRanks’ Stock Analysis page.

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