CYI, a subsidiary of HLA, is a Bermuda investment holding company established in 1993 and is listed on the New York Stock Exchange (NYSE:CYD). Its principal operating subsidiary, GYMCL, is one of the largest Powertrain Solutions manufacturers in China.
Based in Yulin City, Guangxi Zhuang Autonomous Region, GYMCL manufactures, assembles and sells a diverse range of light, medium and heavy-duty engines for trucks, buses, passenger vehicles, industrial equipment, marine and agricultural applications.
GYMCL also produces high-value core components for these applications, along with electrical and hybrid powertrain solutions for new energy vehicles. GYMCL has an extensive sales and distribution network in China with a presence in 18 other countries, and more than 6,000 service stations worldwide. Its research and development centres also holds a portfolio of over 3,000 patents and partnerships focused on energy efficiency, new energy components, high-power electrical systems as well as hybrid and alternate fuels engine technologies.
HLA’s Building Materials portfolio is one of the longest established integrated building materials businesses in Southeast Asia, with subsidiaries across the value chain from raw materials to cement, ready-mix concrete and precast.
In Singapore, the Building Materials group of key companies (“BMG”) comprising fully-owned Island Concrete and HLBM, supplies all grades of ready-mix concrete as well as precast concrete elements for public and private housing construction including the real estate and built environment sectors in Singapore.
In Malaysia, Tasek is one of the largest integrated cement manufacturers, with key business activities encompassing the manufacturing and sale of cement, cement-related products and ready-mix concrete in Peninsular Malaysia.
To deliver sustainable growth and create long-term shareholder value, the Group actively seeks partnerships and investments synergistic to its Building Materials businesses.
