On October 14, 2013, Wu Qiwei, general manager of Yuchai Machinery Co., Ltd., Liang Qingyan, deputy general manager, Lin Zhiqiang, chief engineer, and Shao Xinyu, executive vice president of Huazhong University of Science and Technology , held discussions to discuss a new school-enterprise cooperation model. The two sides reached consensus on personnel training, increasing cooperation in production, teaching and research, setting up scholarships at Huazhong University of Science and Technology, and jointly establishing postgraduate training bases. Wu Qiwei introduced the market performance of Yuchai's engine segment this year. From January to September this year, Yuchai's engine sales still leads the industry. Wu Qiwei said that at present, Yuchai is constantly improving the nation's industrial layout and research and development reserves for the use of special-purpose vehicles in areas such as vehicles, ships, and agricultural machinery. These must be used in recent years to help Yuchai move toward a higher level. At the same time, Yuchai also needs a large number of top-notch talents to join Yuchai to support Yuchai’s career development. Huazhong University of Science and Technology, as Yuchai 's strategic cooperation unit, has long maintained a good cooperative relationship. In order to strengthen the cooperation between the two parties, Yuchai decided to set up a scholarship at Huazhong University of Science and Technology, and allocate 500,000 yuan for three years of support students to complete the studies. Shao Xinyu expressed his gratitude to Yuchai for its support to Huazhong University of Science and Technology in research and development and student employment. In the future, he hopes that both sides will continue to move forward in a deeper and broader field of cooperation.
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