China Yuchai Int'l (CYD) Appoints New Chief Financial Officer

China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that Dr. Thomas Phung Khong Fock resigned as Chief Financial Officer of the Company with effect from June 1, 2021. He also resigned as a director of Guangxi Yuchai Machinery Company Limited ("GYMCL"). Mr. Loo Choon Sen has been appointed as Chief Financial Officer of China Yuchai effective June 3, 2021.

Mr. Loo has over 23 years of experience as a leader in financial operations. Since April 2016, he was the Director of Finance for Schlumberger Limited's Cameron Product Lines for Asia Pacific Middle East and his last job was with TechnipFMC covering the Asia Pacific region for Surface International. Mr. Loo joined Cameron International Corporation in 2001 and had held various positions within the group including the positions as Director of Financial for Canada and Director of Financial Services for Asia Pacific Middle East. In 2016, Schlumberger Limited acquired Cameron International Corporation. Mr. Loo started his career as an auditor at Baker Tilly Malaysia and he was the Financial Controller for a subsidiary of a listed Company in KLSE based out of Papua New Guinea in his early career.

Mr. Loo holds a Bachelor of Commerce degree in Finance and Accounting from Curtin University of Technology, Australia and is a CPA in Australia. He has also completed additional professional training in finance, operations, tax and sales.

The China Yuchai Board of Directors thanks Dr. Phung for his contributions since he joined the Company in 2016 and it welcomes Mr. Loo on board the Company.

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