NYSE:CYDMachinery
China Yuchai Ties Employee Ownership To Digital And Intelligent Manufacturing Shift
China Yuchai International (NYSE:CYD) has formed a new subsidiary, Guangxi Yuchai Intelligent Manufacturing Technology Co., Ltd. (Yuchai IMT), to consolidate and digitalize its equipment manufacturing operations.
The company has introduced an employee equity incentive plan at Yuchai IMT that grants staff a direct stake in the subsidiary.
This move is intended to support the shift toward digitalization and intelligent manufacturing integration across China Yuchai International's...