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ROLLS-ROYCE POWER SYSTEMS EXTENDS CHINESE COLLABORATION

Friday, June 21, 2019 

The Rolls-Royce Power Systems division and its Chinese partner Guangxi Yuchai Machinery Company have signed an agreement to further intensify their collaboration in the construction and sale of engines.

The agreement was concluded by representatives of both companies during a visit to Friedrichshafen by a high-ranking delegation from Guangxi Zhuang Autonomous Region headed by Chairman Chen Wu and Yuchai Machinery 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, 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,” said Yan Ping.

“It is a great pleasure for me to see the partnership between a Chinese and a European company growing and thriving,” said Chen Wu.

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