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Zhengzhou Yutong Bus Co., Ltd
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Details
Legal residence:China
Organization type:Consulting organization
Funding agencies: Asian Development Bank (HQ), European Bank for Reconstruction and Development (HQ), World Bank HQ
Sectors: Industry, Commerce & Services, Trade, Vehicles
Nr. of employees:5001-10000
Status:
Active
About
Headquartered in Zhengzhou of central China’s Henan Province, Zhengzhou Yutong Group Co., Ltd. (hereinafter referred to as “Yutong Group”) is a large-scale industrial group mainly specialized in the bus business, and also covers some other strategic businesses such as construction machinery, automotive parts and components, real estate and so on. In 2012, Yutong Group totally delivered 55,456 units of large and medium-sized buses, construction machinery and special vehicles, a rise of 6.0 percent year-on-year. Its annual turnover reached 30.288 billion yuan, up 17.1 percent compared to the previous year, continuously ranked first in China’s bus industry in terms of the enterprise scale and sales performance.
Located in Zhengzhou Yutong Industrial Park, Zhengzhou Yutong Bus Co., Ltd. (hereinafter referred to as “Yutong Bus”), the core enterprise of Yutong Group, covers an area of 1.12 million sq m with a daily capacity of over 285 unit buses. Up to now, it has grown up into the largest and the most technologically advanced manufacturing base of large and medium-sized buses around the world. The new energy bus plant is under construction and has been partially put into operation. It will have an expected annual output of 30,000 units after being completed, becoming the world's largest manufacturing base of new energy buses. Yutong Bus was listed in Shanghai Stock Exchange in 1997 (Stock code: 600066), becoming the first listed company in China’s bus industry. In 2012, Yutong delivered 51,688 buses and coaches, a rise of 10.71 percent compared with the same period of last year.
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