On September 8, 2011, Honeywell, the world’s leading automotive turbocharger manufacturer, visited a renowned Chinese diesel engine manufacturer, Guangxi Yuchai Machinery Co., Ltd., and signed a long-term strategic cooperation agreement and confidentiality agreement to further expand A consensus was reached for far-reaching and broad cooperation, with the help of Honeywell’s top turbocharger technology from Garrett, to work together to develop a high-performance diesel engine.
This long-term strategic cooperation agreement lays a solid foundation for further cooperation between Honeywell Turbo Technology and Yuchai. This cooperation also highlights Honeywell's confidence and determination to significantly increase vehicle fuel efficiency and reduce exhaust emissions. Yuchai is an important strategic business partner of Honeywell Turbo Technology Division. Both parties are very optimistic about mutual benefit. The prospect of cooperation.
Honeywell is a diversified, high-tech, advanced manufacturing company that is one of the world's 100 Fortune 100 companies. Its global operations include aviation products and services, building, home and industrial control technologies, automotive products, and turbochargers. special material. Its history in China dates back to 1935. Currently, Honeywell’s four major business groups have settled in China, and all Asia-Pacific headquarters of its business units have also been relocated to China, and have set up branches and joint ventures in 20 cities in China.
Honeywell's cooperation with Yuchai has a history of more than ten years. It is the first supplier to provide Yuchai with a booster system. In 2008, Honeywell launched Honeywell Technology Day at Yuchai, and both parties signed a strategic cooperation agreement. During this visit, Honeywell also visited Yuchai's product testing room, heavy machine processing plant, and heavy machine installed test plant, and conducted field inspections of Yuchai's engine production.
After the visit, the host and the host began talks at the Power Building. At the meeting, Yuchai’s 2011 sales, production technology, and the 12th Five-Year Plan were introduced. The turbocharger interface, sealing and installation were discussed. Honeywell expressed that this visit to Yuchai has more confidence in further strengthening cooperation and promises to do its utmost to cooperate with Yuchai. At the meeting, the two sides also held consultations on the idea of ​​jointly establishing a development team to work together to solve technical problems and improve product performance.
According to the agreement, the two parties resolved to establish long-term and mutually beneficial cooperation through their respective technical expertise, quality advantages, and market experience. Honeywell will provide Yuchai with its cutting-edge turbine technology to help it develop high-performance diesel engines and enhance the core competitiveness of Yuchai products in terms of performance and cost. In addition, Yuchai and Honeywell will jointly develop turbocharger products for the Chinese market.
Yuchai, as the manufacturer of the internal combustion engine and the medium and small-sized full-hydraulic excavator, which has the most comprehensive product spectrum in China, has always been committed to providing the most satisfactory products and services to users at home and abroad. The cooperation between Yuchai and Honeywell has been more than a decade old and has been very enjoyable. The signing of this strategic agreement will help further integration of Honeywell’s advanced technology and Yuchai’s local market experience. Promote the sustainable and steady development of both parties in the next few years.
Honeywell Turbo Technology is a division of the Honeywell Transportation Systems Group. As a leading automotive supplier, Honeywell Transportation Systems Group focuses on improving vehicle performance, efficiency, and appearance through leading-edge technology, world-class brands, and customized solutions for global automotive customers.
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