A few days ago, the establishment of the Institute of Friction and Lubrication of Yuchai Engineering Research Institute and its listing ceremony was held in Yuchai. Chairman Yu Ping of Yuchai Group and Chen Huiwen, Chairman of Yuchai Lubricant Company, unveiled the newly established research institute.
Yu Ping, chairman of Yuchai Group, said that the Yuchai Engineering Research Institute was established in July 2007. On the board of directors held in Xiamen on November 23, the Chinese and foreign parties reached a high degree of unanimous opinion and plans to invest 310 million yuan in three years. Established Yuchai Engineering Research Institute in Nanning.
The Yuchai Engineering Research Institute has established an expert committee based mainly on academicians of the Chinese Academy of Engineering, which brings together 32 leading technical experts in the domestic automotive industry. The Friction and Lubrication Research Institute is a subordinate unit of the Yuchai Engineering Research Institute.
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