Yuchai will develop closer cooperation with Wärtsilä

“In the medium-speed machine sector, we hope to develop closer cooperation with Yuchai.” At the symposium on September 23, Mr. Sergio Razeto expressed his confidence to Yuchai’s leadership.

From September 23rd to 24th, Mr. Sergio Razeto, Vice President of Wärtsilä Four-Stroke Product Center, Mr. Paolo Pierdomenico, Director of Production Development, and Zhu Xi, President of Wärtsilä China Ltd. came to Yuchai to inspect Yuchai. Production R & D level, exchange Zhuhai Yuchai's joint venture development. Chairman of Yuchai Group Gu Tangsheng and Vice President Su Peng, Chief Engineer of the Joint Stock Company Shen Jie, Chief Accountant of the Group Company Wang Hong, Chairman and General Manager of Zhuhai Yuchai Company Jiang Shihong, Deputy General Manager Hu Xuenan, etc. and Mr. Sergio Razeto and his party A discussion was held.

Mr. Sergio Razeto introduced Wärtsilä’s situation. He said that in the global market, the heads of Wärtsilä Corporation have placed the Chinese market in a very important strategic position. In China, there are currently four joint venture subsidiaries, of which the medium-speed small-bore generator set has been placed in Shanghai. Wärtsilä’s core philosophy is “product production bases follow the market”. China and Asia’s shipbuilding market grows very fast and accounts for the bulk of the global economy. In this case, Wärtsilä will increase the output of its power products. . Wärtsilä is more concerned about product development in the next 5-10 years, and has spent a lot of effort on developing engine green products, hoping to maintain its leading position in the mid-speed machine. Wärtsilä implements a business division system. In addition to the engine-based industrial operations department, Wärtsilä also has a shipping department, a service department, a power plant division, and an environmental protection science and technology division. At present, we have four locations around the world for engines, including two in Europe, Italy, Finland, Asia, South Korea, and Shanghai. Wärtsilä sold 5.3 billion euros last year. In the shipbuilding sector, Wärtsilä has a very large market share. There is a saying that “every three ships in the world have our engines and every two ships use our services”.

We appreciate Wärtsilä’s strong strength in the medium-speed machine. He said that Yuchai Group is unwavering in promoting medium-speed and low-speed machines. It is believed that the cooperation between the two parties will be very enjoyable.

Mr. Sergio Razeto and his party visited the Yuchai production plant area. Wärtsilä has left a deep impression on Yuchai's rigorous scientific management, modern equipment and production methods, advanced research and development concepts and environmental protection products.
View related topics: Yuchai won the "China Brand Annual Award NO.1" (internal combustion engine) title in 2007

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