Goldman Industrial Amends China Yuchai International Stake
Ticker: CYD · Form: SC 13D/A · Filed: Feb 29, 2024 · CIK: 932695
Sentiment: neutral
Topics: amendment, ownership-change, insider-filing
TL;DR
**Goldman Industrial just updated its stake in China Yuchai International, watch for potential shifts in control.**
AI Summary
This SC 13D/A filing, dated February 29, 2024, indicates an amendment to a Schedule 13D filing for CHINA YUCHAI INTERNATIONAL LTD (CIK: 0000932695). The filing group includes entities such as COOMBER INVESTMENTS LTD, GUANGXI BEITOU HEYING INDUSTRIAL INVESTMENT PARTNERSHIP, GUANGXI INDUSTRIAL INVESTMENT & DEVELOPMENT CO., LTD., GUANGXI YUCHAI MACHINERY GROUP CO., LTD., and state-owned assets supervision commissions. The filing entity is Goldman Industrial Ltd. (CIK: 0002013050), based in Hong Kong.
Why It Matters
This filing updates the public record regarding significant ownership stakes in China Yuchai International, potentially signaling changes in control or strategic direction for the company.
Risk Assessment
Risk Level: medium — Changes in significant ownership can lead to strategic shifts, which may introduce both opportunities and risks for the company and its investors.
Key Players & Entities
- CHINA YUCHAI INTERNATIONAL LTD (company) — Subject Company
- Goldman Industrial Ltd. (company) — Filing Entity
- COOMBER INVESTMENTS LTD (company) — Group Member
- GUANGXI YUCHAI MACHINERY GROUP CO., LTD. (company) — Group Member
- STATE OWNED ASSETS SUPERVISION & ADMINISTRATION COMMISSION OF THE PEOPLE'S GOVERNMENT OF YULIN CITY (company) — Group Member
FAQ
What is the purpose of this SC 13D/A filing?
This SC 13D/A filing is an amendment to a previously filed Schedule 13D, indicating a change in the information reported regarding ownership of CHINA YUCHAI INTERNATIONAL LTD.
Who is the subject company of this filing?
The subject company is CHINA YUCHAI INTERNATIONAL LTD, with CIK 0000932695, based in Singapore.
Which entity filed this SC 13D/A?
Goldman Industrial Ltd. (CIK: 0002013050), based in Hong Kong, filed this SC 13D/A.
What is the filing date of this document?
The filing date of this document is February 29, 2024.
Are there any other entities listed as group members in this filing?
Yes, other group members include GUANGXI BEITOU HEYING INDUSTRIAL INVESTMENT PARTNERSHIP (LIMITED PARTNERSHIP), GUANGXI INDUSTRIAL INVESTMENT & DEVELOPMENT CO., LTD., GUANGXI YUCHAI MACHINERY GROUP CO., LTD., and STATE-OWNED ASSETS SUPERVISION & ADMINISTRATION COMMISSION OF THE PEOPLE'S GOVERNMENT OF GUANGXI ZHUANG AUTONOMOUS REGION.
Filing Stats: 3,321 words · 13 min read · ~11 pages · Grade level 9.5 · Accepted 2024-02-29 13:15:01
Key Financial Figures
- $0.10 — of Issuer) Common Stock, par value US$0.10 per share (Title of Class of Securiti
Filing Documents
- formsc13da.htm (SC 13D/A) — 205KB
- ex99-1.htm (EX-99.1) — 26KB
- 0001493152-24-008282.txt ( ) — 233KB
above, which information is incorporated herein by reference
Item 3 above, which information is incorporated herein by reference. (d) Not applicable. (e) Not applicable. Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. On June 29, 2023, Beibu Gulf transferred all of its shares in GY Group to Beitou Heying, and, as a result, Beitou Heying became obligated to become a Reporting Person, and Beibu Gulf was no longer a Reporting Person hereunder. Following such transaction, ownership in GY Group is as follows: Guangxi SASAC, 86.91%, Yulin SASAC, 1.31%, Beitou Heying, 6.54% and Guangxi ID, 5.24%. All of the Reporting Parties are party to that certain Joint Filing Agreement further described in response to Item 7. Item 7. Material to Be Filed as Exhibits. Exhibit No. Description 99.1 Joint Filing Agreement, by and between the Reporting Persons Page 12 of 12 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: February 29, 2024 COOMBER INVESTMENTS LIMITED By: /s/ Ling Guangjian Name: Ling Guangjian Title: Director GOLDMAN INDUSTRIAL LTD. By: /s/ Ling Guangjian Name: Ling Guangjian Title: Director GUANGXI YUCHAI MACHINERY GROUP CO., LTD. By: /s/ Li Hanyang Name: Li Hanyang Title: Chairman By: /s/ Pan Shiqing Name: Pan Shiqing Title: Director GUANGXI BEITOU HEYING INDUSTRIAL INVESTMENT PARTNERSHIP (LIMITED PARTNERSHIP) By: /s/ Yang Zhao Name: Yang Zhao Title: Representative of the Managing Partner GUANGXI INDUSTRIAL INVESTMENT AND DEVELOPMENT CO., LTD. By: /s/ Zhang Xinlin Name: Zhang Xinlin Title: Chairman By: /s/ Zhang Chongxi