Yutong

History

The company was established in 1963 as the Zhengzhou Bus Repair Factory

Yutong Bus

Zhengzhou Yutong Bus Co., Ltd. (hereinafter referred to as “Yutong Bus”) is a large-scale modern manufacturing company specialized in the R&D, manufacturing and sales of bus products. Its main plant is located in Zhengzhou Yutong Industrial Park, Zhengzhou, Henan province, which covers an area of 1.12 million square meters. The daily capacity of Yutong Bus has reached over 325 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 of Yutong Bus which was put into operation in 2012 covers an area of over 1.33 million square meters and has an annual production capacity of 30,000 units, becoming China’s most advanced and world’s largest manufacturing base of new energy buses.

Sales

Yutong Bus is the core company of Yutong Group. 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 2014, the Yutong Group totally delivered 65,081 units of buses and construction machinery, up 8.5 percent year-on-year. The turnover of Yutong Group reached 37.288 billion yuan, a rise of 12.8 percent than the previous year, continuously ranked first in China’s bus industry in terms of the enterprise scale and sales performance.

In 1997, Yutong Bus became the first domestic bus enterprise listed in Shanghai Stock Exchange with its stock code 600066，becoming a long-established blue-chip potential stock in China’s A stock market. The main economic indicators of the enterprise have been growing rapidly for ten continuous years. Yutong Bus has obtained AAA credit from ICBC for eight consecutive years.

Awards

Yutong has been granted Coach Builder of the Year issued by BAAV many times. Yutong was firstly granted the award of China Top Brand and Chinese Well-known Trademark as well as the only National Technology Innovation Model Enterprise in China’s bus industry. Meanwhile, it also passed the certification of international automotive quality management system standard ISO/TS16949.

Position within the Industry

Now, after many years’ development, Yutong Bus has achieved a premier position in the bus field with its integrated enterprise strength and also formed its unique enterprise culture and advanced management concept. With market oriented, Yutong Bus carries on its R&D based on the market and programs its products rationally. It has powerful R&D strength, the first post-doctoral science and development working station in the bus industry of China equipped with the world-class test device and instrument, and also the first state-level technology center in the bus industry of China. Yutong Bus has established the entire-process quality control supervision system in order to guarantee the quality of the product.

Yutong Group has begun its establishment of management information system since 1994, and at the present time, it has successfully introduced and put into practice the SAP management system and CRM (Customer Relationship Management) system, thus upgrading the inner management level of the enterprise with different information technology.

Products

Up to now, Yutong has formed a complete 5m-25m product lineup consisting of ordinary, medium-level and high-level products, covering various segment markets including highway passenger transit, tourism, public transport and so on, becoming a leading brand in China’s bus industry.

Places of operation

Yutong buses have been exported to more than 120 countries and regions, like Cuba, Venezuela, Russia, Iran, Saudi Arabia, Hong Kong, Macao and so on. Yutong has got WVTA certificate of EU and begun to enter the European market. Yutong buses have been delivered to France, Norway, Israel, Macedonia and so on, and successfully entered the American market in 2012.

Products

Yutong Heavy Industries

Another core part of the Yutong Group is Yutong Heavy Industries, which manufactures various construction equipment. There are about 3,500 employees in this part of the business, and they have more than 120 products. Yutong Heavy Industries was formed in 2003 and has had sale increases of 30% for 7 years.

Products