Cooperation and win-win Yuchai Group and Petronas Group accelerate the listing of joint ventures

Yu Ping, Chairman of Yuchai Group Co., Ltd., met with Datuk Sri (Datuk Seri), the downstream president of Petronas Group, and reached an important consensus on accelerating the listing of the joint venture company Yuchai Ma Petroleum Lubricants Co., Ltd. (IPO project).
Yu Ping, Chairman of Yuchai Group, and Datuk Sri (Datuk Seri), President of Petronas Group Yu Ping, Chairman of Yuchai Group, and Datuk Sri (Datuk Seri), President of Petronas Group

Yuchai Group and Petronas Group jointly established Yuchai Ma Petroleum Lubricant Co., Ltd. in May 2013. Yuchai Ma Petroleum Lubricant Co., Ltd. mainly focuses on diesel engine lubricating oil, leading the industry in high grade diesel engine oil, and its key operating indicators are relatively good. .

In August 2019, Yuchai Ma Petroleum Lubricant released the special oil of the national brand of the six tigers in the Beihai. In August 2019, Yuchai Ma Petroleum Lubricant released the special oil of the national brand of the six tigers in the Beihai.

In the context of fierce competition in the industry, in order to promote the governance structure, decision-making efficiency and institutional mechanism of Yuchai Ma Petroleum Lubricants Company to better adapt to market competition, the shareholders and the two sides jointly plan to accelerate the listing of the company and plan to complete the restructuring in April 2020. Through restructuring and listing, we will expand the financing channels of Yuchai Ma Petroleum Lubricants Co., Ltd., and raise funds for product R&D, market expansion, equipment upgrade and post-production mergers and acquisitions, attracting technology and management talents, enhancing corporate reputation and competitiveness, and establishing industry brands.

Yuchai Ma Petroleum Lubricant was selected as “Top Ten Brands in Lubtop2018 China Lubricant Industry” Yuchai Ma Petroleum Lubricant was selected as “Top Ten Brands in Lubtop2018 China Lubricant Industry”

During the exchange, the two sides conducted in-depth discussions on the core issues of the listing and reached a consensus on listing. They agreed that Yuchai Ma Petroleum Lubricant Co., Ltd. has a good listing basis and should grasp the timing of the listing.

It is reported that Yuchai Ma Petroleum Lubricant Co., Ltd. is preparing for listing in 2017 and officially launched its listing in 2018. The listing project has completed a series of work including listing research, intermediary bidding, due diligence, listing project leading group and working group. According to the diagnosis of the listed intermediary, Yuchai Ma Petroleum Lubricant Co., Ltd. has the basic conditions for listing on the main board, and the listing feasibility is relatively high.

Reading volume: Source: Yuchai Group Author: Le Feng

Cooler Heatsink

Our engineers design metal stamping tools and dies using advanced R&D software like Unigraphic, solidworks, Autodesk, Presscad, for automotive, Unigraphic is widely used on 3D model design, all tools are designed based on international standard, all machining and dies components will be listed clearly on drawings, sometimes, for complex design, 3D simulation will be conducted under different3D design for stamping dies production situation, to minimize the works of dies modification, to increase productivity drastically, and help us determine the most suitable size of press machine.

More services we offer:
Besides of Metal Stamping Components,the Amplifiers metel chassises and Panels, we also complete solution for OEM/ODM Products & components, offer services of deep drawing services, EMI metal shielding parts, heat sink ,plastic molding products for custom, Plastic Injection Components, Metal Stamping Parts, home appliances accessories ,R/C drone and smart electronic toys etc.



Heat sinks maximize the surface of an object to be cooled for heat dissipation to the air. It sounds simple, but there are still many factors to consider! Housing, air speed and the materials used play an important role in the efficiency of the chosen cooling method. The thermal resistance of the material, the design of the cooling fins, the post-treatment, and even the color of the heat sink are factors which are decisive for the efficiency of the cooling, as well as the attachment of the heat sink.

Cooler Heatsink,Long Life Cooler Heatsink,Laptop Heatsink Upgrade,Heat Sink With Fan

Timeplex Industrial Limited , https://www.hktimeplex.com