China Yuchai International Limited announced that the Board of Directors of the Company has approved the appointment of Mr. Wong Hong Wai as a Director of China Yuchai with effect from March 1, 2023. Mr. Wong joins the Board with over 35 years of working experience in China, Germany, Japan, Singapore, Switzerland and the United States. He is presently an Innovation Advisor with Innovation Partner for Impact, a subsidiary of Enterprise Singapore, and an Associate Faculty Member with the Singapore Institute of Technology.

Prior to this, Mr. Wong was with General Motors ("GM") for 29 years and has extensive experiences in areas such as M&A, new business development, strategic alliance management, sales/marketing, strategic risk management, business strategy, product portfolio planning, global procurement, and business process re-engineering. Besides operational roles, he also held governance responsibilities as a board member in several GM China group companies and was the shareholder representative of GM's joint venture investment holding in Hong Kong. Additionally, he was the Risk Officer for GM China and a member of GM'sGlobal Risk Advisory Council which had strategic risk management oversight for all of GM's global businesses.

Prior to GM, Mr. Wong was with the Singapore Economic Development Board, responsible for investment marketing and development of several industry clusters such as aerospace, marine and oilfield equipment, process engineering and automotive component manufacturing. Mr. Wong is a member of the Singapore Institute of Directors and a Fellow of the Singapore Institute of Arbitrators. He holds a Bachelor of Engineering (Production and Industrial Engineering) degree from the Ulm University of Applied Sciences in Germany and a Master of Business Administration from the National University of Singapore.

He has also completed an Executive Program at the Stephen M. Ross School of Business at the University of Michigan, U.S.A. The Board of Directors welcomes Mr. Wong and believes his extensive business experience and technical expertise will contribute to the future success of the Company. With the new appointment, the Board now comprises 10 members of which three are independent directors.