Yuchai and Vietnam Jinlong Automobile signed a comprehensive strategic cooperation agreement to jointly build an engine factory with a total investment of 260 million US dollars. Li Changliu, secretary of the Party Committee of Thua Thien Hue Province in Vietnam, chairman of the provincial people's congress, and leader of the provincial delegation to the National Assembly, Ding Yuming, full-time member of the Economic Committee of the National Assembly of Vietnam, as well as Nguyen Huu Luong, chairman of the board of directors of Vietnam Phu Dat Group, Wu Feihai, general manager of Vietnam Jinlong Automobile, Li Hanyang, chairman of Yuchai Power Co., Ltd., and Wu Qiwei, president of Yuchai Power Co., Ltd., and other leaders and industry guests attended the signing ceremony and the foundation laying ceremony of the engine factory. At the signing ceremony, Wu Feihai, general manager of Vietnam Jinlong Automobile, and Wu Qiwei, president of Yuchai Power Co., Ltd., respectively signed cooperation agreements to start a new journey of cooperation. Li Hanyang said that if people have the same aspirations, they can share joys and sorrows. Vietnam Jinlong Automobile and Yuchai Power Co., Ltd. have the same business philosophy, common aspirations and pursuits, and a common corporate vision. In the future, Yuchai Power Co., Ltd. will give full play to its advantages in research and development technology, production and assembly, and supply chain to promote the construction of the engine factory in Vietnam and build the engine factory in Vietnam into a world-class factory to achieve in-depth cooperation, common growth, and win-win development with Jinlong Automobile in Vietnam.