Complete the task ahead of time Yuchai Lubricants held an expanded meeting of the dealer council

On January 5, 2012, Yuchai Lubricant Company held an expanded meeting of distributor council and distributor representative meeting in Changsha City, summarizing the experience and discussing the future. Yu Ping, Chairman of Yuchai Group’s Board of Directors, attended the forum and frankly communicated with the distributors, giving them great confidence and encouragement.

At the expanded meeting of the dealership council, Xie Yuqiang, chairman of the Lubricant Company, first reported to the council the good news: After the efforts of all Lubricant dealers, Lubricating Oil Co., Ltd. overcame the unfavorable predicament of the 2012 market and successfully used less than one year's time. The company achieved a sales target of RMB 3.05 billion for the entire year, and the budget targets were also fully completed, ranking fourth in the Yuchai Group subsidiary. The Assembly also elected a new member of the Council. Chairman Liu Haichuan made a report on the work of the board of directors in 2011 on behalf of the board of directors. The report pointed out that in 2011, the members of the board of directors under the strong support of Yuchai, the sales of lubricants accounted for about 70% of the total sales of Yuchai Lubricants. Has become the core force of Yuchai's lubricating oil sales system. In 2012, we will continue to strive to maintain a good momentum and drive all distributors to fully complete the sales tasks of lubricant companies.

At the dealer's representative meeting, Junping encouraged dealers to speak freely and responded to some of the questions on the spot. Dealers generally believe that the reputation of Yuchai Lubricants is high in the industry, and is more popular in some regions than some foreign brands. At the same time, dealers also have lubricating oil companies currently in the market order, product variety, and supply. Problems such as transportation channels raise existing problems.

Fuping highly affirmed the sales performance of Lubricating Oil Company in 2012. Luan Ping said that the Lubricating Oil Company is one of the Yuchai Group's well-developed subsidiaries. In 2012, it was very happy to overcome the industry's difficulties and complete the mission. This includes both the efforts of the company's management team and the hard work of all dealer service stations. Yuchai will not forget its loyal partners Yuchai and Yuchai, and hope that the council can continue to use its advantages to drive the entire distribution system and achieve better results.

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