Yuchai Remanufacturing Project Wins 10 Million Yuan to Support
The National Development and Reform Commission has approved the eighth batch of "National Resources Conservation and Environmental Protection Projects" for 2008, marking another milestone in China's efforts to promote sustainable development. Among the supported projects is the "Yuchai Remanufacturing Project," which received a central budget allocation of 10 million yuan. This investment underscores the government’s recognition of Yuchai’s leadership in the field of engine remanufacturing.
Earlier this year, Yuchai became one of the first enterprises to be granted national qualifications for auto parts remanufacturing. The recent financial support further solidifies its position as a pioneer in the industry. Yuchai’s commitment to green development and sustainable practices aligns with its core values of environmental responsibility and mutual benefit.
The company has made significant progress in the remanufacturing sector, actively engaging in research and development collaborations. As the third engine plant dedicated to engine remanufacturing, Yuchai has taken proactive steps to implement its remanufacturing pilot project. Internally, it has developed and executed a detailed implementation plan, focusing on improving the reuse rate of components and refining remanufacturing processes.
Externally, the company has closely monitored national policies and successfully secured government backing. With the support from the "National Resources Conservation and Environmental Protection Project," Yuchai is now well-positioned to accelerate the growth of its remanufacturing initiatives.
In this batch of approvals, a total of 90 projects were selected nationwide. Guangxi province was awarded two projects, with the other being the comprehensive utilization of volatile kiln residues project at Hechi City Southern Nonferrous Metals Smelting Co., Ltd., which received 3.5 million yuan in funding.
This achievement highlights Yuchai’s growing influence in the green manufacturing sector. In 2007, the company was honored with the "China Brand Annual Award NO.1" in the internal combustion engine category, further validating its leadership and innovation in the industry.
Jiangsu Minnuo Machinery Manufacturing Co., Ltd. , https://www.minnuoindustry.com