Benzinga | Dec 31, 2021 07:57AM EST

China Yuchai's YCK05 Hydrogen-Powered Engine Achieves Stable Ignition, Operation

* China Yuchai International Limited's (NYSE:CYD) YCK05 hydrogen-powered engine achieved stable ignition and operation in a recent Beijing Institute of Technology demonstration.

* The YCK05 engine design upgrades the engine structure and subsystems, such as the combustion and gas distribution systems.

* The YCK05 hydrogen engines may be widely applicable in bus, municipal, sanitation, logistics, and distribution markets.

* "We look forward to the commercialization of hydrogen-powered engines in the future to meet the needs of our diversified customer base and to contribute to improving the environment," said Weng Ming Hoh, President of China Yuchai.

* Price Action: CYD shares closed higher by 6.21% at $13.86 on Thursday.