Detention of Key Executives at China Yuchai International

China Yuchai International Limited (NYSE: CYD) reported that Wu Qiwei, a Director of the Company and President of its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (Yuchai), and Qin Xiaohong, the former Chief Accountant of Yuchai, have been detained by authorities in the People’s Republic of China. The reasons for their detention and any charges against them have not been verified as of the report date. The business operations of Yuchai continue under the leadership of Li Hanyang, Chairman of Yuchai’s Board of Directors, with daily operations proceeding uninterrupted. Chen Hai, a Vice President of Yuchai, is assisting in the role of President during Mr. Wu’s absence. China Yuchai International is a leading powertrain solution provider in China, specializing in the design, manufacture, and sale of engines for various applications.