Company Culture

YUCHAI CHARTER   Chapter1  General Principles  1.1 Positioning YUCHAI CHARTER is a guideline document on Yuchai Culture shared and complied with by worldwide Yuchai employees and is a fundamental basis for Yuchai employees’ thoughts and actions. Shared and complied with by worldwide Yuchai employees  A guideline document on Yuchai Culture A fundamental basis for Yuchai employees’ thoughts and actions   1.2 Objective Yuchai Culture System will be developed by a systematic conclusion and extraction of Yuchai’s outstanding cultural genes and a benchmarking of international first-class enterprises, to make worldwide Yuchai employees have integrated values and corporately propel Yuchai’s healthy and rapid sustainable developments.   1.3 Scope of Application YUCHAI CHARTER is applicable to the employees of Yuchai Group and its subsidiaries and affiliates, and the members of the Board of Directors of Yuchai Group.  Every Yuchai employee shall have a careful reading on YUCHAI CHARTER, appreciate the implications in the YUCHAI CHARTER and adhere to implement the YUCHAI CHARTER. The leaders at all levels of Yuchai Group shall take the lead in undertaking the responsibilities on propagating and implementing YUCHAI CHARTER.   1.4 Revision Management YUCHAI CHARTER, which is managed by the Party Committee of Yuchai Group, might be amended on a three-year basis in principle. The Party Committee Office of Yuchai Group is responsible for collecting opinions in Yuchai Group in a written form, conducting amendment demonstrations and drafting amendment proposals for the review and approval from the Standing Committee of the Party Committee of Yuchai Group.  Chapter2  Basic Philosopies 2.1 Mission (The reasons for our existence ) Creating Customer Value      Realizing Human Dream  2.2 Vision (The goals we are striving for) A Customer-trusted Brand     A World-class Enterprise 2.3 Business Philosophy(Guidelines for our developments )      Green Development                 Harmony Win-win           Green industry                                Customers’ success           Green operation                              Employees’ growth           Green product                                 Shareholders’ benefit            Responsible enterprise                  Collaborators’ development          Happy enterprise                            Social progress Note: The “Green Development" focuses on the developments of Yuchai itself, and the “Harmony Win-win" focuses on the developments of interest-involved parties.  2.4 Core Value(The values we follow )  Unity     Share the joys and sorrows, and make concerted efforts.  Self-improvement   Self-reliance and hard struggle.                                                    Practicality  Being down-to-earth and seeking truth from facts.        Responsibility Dedication, and loyal performance. Openness Absorbing merits of diverse nature, while learning widely from other's advantages. Innovation Dare to be the pioneer and committed to excellence. Note:   Unity                                                     Self-improvement The foundation for Yuchai’s competition and (Survival) Practicality Responsibility The guarantee for Yuchai's everlasting business(Development) Openness Innovation The power for Yuchai's  spanning development(Transcending) Chapter3  Supplementary Principles    3.1 Violation Reporting   Every Yuchai employee is entitled and obligated to report any circumstance or action that violates, or appears to violate, the YUCHAI CHARTER, which should be based on objective facts and confirmed violation behaviors. Yuchai will not take any action against you as a result of raising an ethical issue in good faith. Also, Yuchai does not tolerate any reprisal by any individual against an employee for raising a concern or making a report in good faith. If you learn any circumstances or actions that violate, or appear to violate, the YUCHAI CHARTER, you may contact the Party Committee of Yuchai Group by:  Tel: +86-775-3223928  E-mail:yuchai1951@yuchai.cn OA mailbox: Cultural Part of Party Committee Office Mailing address: Cultural Part of Party Committee Office, Guangxi Yuchai Machinery Group Co. Ltd., Yulin , 537005,Guangxi,China  3.2 Penalties for violations  The Party Committee Office of Yuchai Group is responsible for collecting those circumstances and behaviors that violate the YUCHAI CHARTER, and raise proposals on the penalties for violations based on the guiding instructions from the Human Resources Department and Legal Affairs Department of Yuchai Group and on relevant laws and regulations, which shall be executed with the approval from the Standing Committee of the Party Committee of Yuchai Group.  
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