Listed on the Shanghai Stock Exchange ·603950.SH
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Company news, project updates and industry insight.
2026.10
2026 third-quarter report: nine-month net profit of RMB 258 million
Nine-month revenue of RMB 1,501 million and net profit of RMB 258 million; basic EPS RMB 0.80. Disclosed on 30 October.
2026.09
Restructuring application accepted by the SSE: share issue to acquire 100% of Kanghao M&E
Draft plan published in September — RMB 5.01 billion consideration plus up to RMB 2.0 billion of new funding; the application was accepted by the SSE on 30 September and remains subject to review and CSRC registration.
2026.08
2026 interim report: first overseas turbine-genset contracts, US$165 million
H1 revenue RMB 1,014 million and net profit RMB 167 million; the new Gas Turbines & Power division has signed its first overseas sales contracts.
2026.07
CY2500 series 30 MW-class mobile power — updated release
CYDG-packaged aero-derivative dual-fuel gensets: three-module trailer stations, full load in 10 minutes, black-start capable, five models from 30.5–34.5 MW.
2026.05
Gas Turbines & Power division launched
A multi-OEM fleet from mobile stations to heavy frames and six service lines unveiled; CY Power USA formation underway.
2026.04
Board approves Kanghao M&E restructuring pre-plan
Acquiring 100% of Kanghao M&E — nine production bases at completion, adding power units, governing systems and oil & gas field engines (announcements govern).
2026.03
Agreement signed to acquire 100% of Kanghao M&E
Agreement with Hubei Xinyuan Power Technology Group to bring power units, electronic governing and oil & gas field engines into the group (announcements govern).
2026.01
Project agreement signed with Geely
Another leading vehicle OEM joins the component customer base.
2025.06
Project agreement with Chery Automobile
Passenger-vehicle powertrain supply expands further.
2025.03
JV established with Yuchai Jinchuang (Guangxi Zhihang)
Deepening the Yuchai partnership and expanding high-horsepower capacity.
2022.11
Project agreement with BYD
Entering the top NEV maker's supply chain with volume hybrid components.
2022.11
Signed a project cooperation agreement with BYD.
Entering the supply chain of leading new-energy vehicle manufacturers, with hybrid components being supplied in volume.
Xiangyang Changyuan Donggu Industry Co., Ltd.
396 Zuanshi Avenue (Hongshantou Industrial Park), Xiangzhou District, Xiangyang, Hubei 441104, China
SSE Main Board: 603950
Contact Us
Sales & RFQ: sales@cydgsy.com
Gas power: power@cydgsy.com
Tel: +86-710-306-2990
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