Guangxi Yuchai Marine and Genset Power Co., Ltd. HKEX IPO Application Lapsed, China’s Largest Supplier of Power Generation Engines
NewTimeSpace News: The Hong Kong listing application of Guangxi Yuchai Marine and Genset Power Co., Ltd., submitted on 27 January 2026, has lapsed upon the expiry of the six-month validity period. According to Frost & Sullivan data, the Company ranks as China’s largest supplier of power generation engines by 2024 domestic sales revenue, and the second-largest supplier of medium and high-speed marine engines in China. It recorded revenue of approximately RMB5 billion and net profit of roughly RMB762 million in the first nine months of 2025.
NewTimeSpace News: The listing application submitted by Guangxi Yuchai Marine and Genset Power Co., Ltd. to the Hong Kong Stock Exchange on 27 January 2026 has lapsed upon the expiry of the six-month validity period.
The Company is a leading provider of power generation power solutions. Per Frost & Sullivan statistics, measured by domestic sales revenue in 2024, the Company is China’s largest supplier of power generation engines, and ranks second in China’s medium and high-speed marine engine market.
The Company designs, develops, manufactures and sells power generation engines, marine engines, generator sets and engine components, serving a wide range of end markets including data centres, distributed power stations, infrastructure construction, telecommunications, healthcare, mining, agriculture, oil & gas, as well as marine transportation and vessel operation sectors. The Company mainly operates in China and maintains overseas sales teams covering Europe, the Middle East, Africa, Asia and South America.
In the first nine months of 2025, the Company generated revenue of around RMB5 billion and net profit of approximately RMB762 million. Sales volume of engines and generator sets totalled roughly 50,000 units, and the Company holds 567 patents relating to power generation engines and marine engines.
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