Headquartered in Zhengzhou of central China’s Henan Province, 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.
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. It has three production plants of whole vehicle that are all located in Zhengzhou, Henan province, China. Among them, the Yutong Industrial Park, covering an area of 1.2 million square meters, and the new energy plant, covering an area of 1.33 million square meters, have an annual production capacity of 30,000 units respectively. Through conducting intelligent manufacturing, Yutong has continuously improved the degree of informatization, digitization, and intelligentization in terms of orders, planning, manufacturing, logistics, etc., and realized an efficient operation model for the information management of the entire industrial chain for orders, thus achieving unique competitiveness.
Yutong Bus was listed in Shanghai Stock Exchange in 1997 (Stock code: 600066), becoming the first listed company in China’s bus industry. In 2020, it delivered 41,756 buses and coaches. In the same year, 16,461 units of new energy buses were delivered. As of the end of 2020, Yutong has totally exported more than 75,000 units, and the sales volume of large and medium-sized buses has taken the leading position in the world for many consecutive years.
Up to now, Yutong has formed a complete 5m-18m product lineup, covering various segment markets.
Yutong has realized a sizable sales volume in over 30 countries and regions such as France, UK, Australia, Saudi Arabia, China Macau, China Taiwan and so on with a market share of over 35% in China and over 15% in the world. In the main target markets, Yutong has become one of the world’s major bus and coach suppliers.
In the overseas markets, Yutong has set up seven spare parts warehouses in UAE, Panama, etc., and seven spare parts consignment warehouses in Pakistan, Nigeria, Singapore, China Taiwan, Saudi Arabia, Mexico, etc. In addition, Yutong has over 200 chartered service stations and over 320 authorized service outlets, which can provide high quality services for customers.
So far, Yutong has launched a series of new energy products such as hybrid, full electric and fuel cell buses. Yutong's self-developed new energy bus power system has become the mainstream powertrain in the industry, forming the product portfolio of 6-18m new energy buses featuring international competitiveness. Meanwhile, with the integrated intelligent charging system, telematics, CVIS and intelligent assisted driving technology, the operational efficiency of the Route 71 medium-capacity transit system in Shanghai has been greatly improved compared to that of the conventional routes. Up to now, Yutong has delivered more than 130,000 new energy vehicles in over 380 cities throughout the country.
In 2004, Yutong was granted the China Top Brand by the state as the benchmark of China’s bus industry. In 2005, it was again awarded the Chinese Well-known Trademark by the state. In 2006, the company obtained the Certificate for the Exemption of Import and Export Commodities from Inspection. From 2010 to the present, Yutong has been granted a number of BAAV awards for many years, such as Coach Builder of the Year, Bus Innovation Award, Coach Safety Award, Bus Environment Award, Coach of the Year, etc. In 2013, Yutong was awarded the National Technology Innovation Model Enterprise by the Chinese Ministry of Industry and Information Technology and the Ministry of Finance. In 2014, Yutong was granted the Quality Benchmark for Industrial Enterprises by the Ministry of Industry and Information Technology, and was recognized as Chinese Well-known Trademark by the State Administration for Industry and Commerce. In 2015, Yutong was awarded the 100 Most Respected Listed Companies in China by the China Association of Listed Companies. On January 8, 2016, Yutong won the second prize of National Science and Technology Progress Award at the National Science and Technology Awards Conference with the Energy-saving and New Energy Bus Key Technology Research & Development and Industrialization project. In 2018, Yutong was awarded the highest award in China's industrial field approved by the State Council at the 5th China Industrial Awards Conference for its excellent performance and outstanding contribution in the industry. In 2018, Yutong appeared in the list of Top 500 Chinese Enterprises 2018, holding the 446th position, and it also ranked 222 in Fortune 500. In the Busworld Brussels 2019, Yutong was granted three awards, namely Design Label of U12, Design Label of T13 and Ecology Label of ICE12,In 2019, at Busworld, Yutong's U12, T13, and ICE12 high-end intelligent tour buses won three awards in design and environmental protection in one fell swoop. In 2020, they won the second prize of the National Science and Technology Progress Award again, becoming the only one in the industry Enterprises that have won the National Science and Technology Progress Award twice.
Today, Yutong, after years of rapid development, has already possessed the internationally advanced R&D capability and manufacturing capacity, as well as rich experience of serving customers from around the world. It can provide you with quality products and services, meet your individual needs and become a trusted partner of customers.
Yutong boasts a market share of over 35% in China, and its annual sales volume has been ranking first in China for many years. Yutong has become one of the world’s major bus and coach suppliers with a share of over 15% in the global market.
Every year, four percent of the company’s annual turnover is put into the research of state-of-the-art technologies of buses. Yutong not only established the first post-doctoral workstation, the state-level technical center, the experimental center and the first National Research Center on Electronic Control & Safety Engineering Technology of Electric Buses in China’s bus industry, but also possesses a professional R&D team of over 3,000 people who have advanced concepts of bus development so as to guide the design of bus products with science and technology.
For customers, the value of technology is to apply it on products and bring actual benefits. Relying on its own R&D capability of bus technologies, Yutong also actively introduced a number of the world's advanced technical applications. Through repeated research and tests, Yutong can help you improve your operational efficiency and manufacture high-quality buses for you.
Insisting on conducting caring actions, Yutong has totally donated over 160,000,000 yuan at home and aboard and offered aids to more than 70,000 people over the years.
Making all-out efforts to develop new energy buses and uphold the green mobility, Yutong has so far delivered over 147,000 units of new energy buses. Every year, Yutong’s new energy buses can reduce carbon emissions by 3,000,000 tons, which is equivalent to the CO2 absorption of a 7,000-hectare broad-leaved forest, greatly improving the urban atmospheric environment with significant social and environmental benefits.
In 2020, Yutong Bus delivered 760 vehicles to Kazakhstan, which will create a sound public transport environment for city.
Yutong has been granted a host of awards issued by BAAV like Coach Builder of the Year. In addition, 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 IATF16949.
Yutong not only has a professional team specialized in trade financing and risk prevention, but also has close cooperation with a number of banks, insurance companies and other financial institutions worldwide. It can provide customers with competitive financing options to reduce the short-term and medium-term cash flow pressure of customers and help them achieve better operating value.
Yutong has four manufacturing bases for conventional buses, new energy buses, special vehicles and parts & components. The bus plants include five production procedures (parts making, chassis, welding, painting and final assembly), 15 production lines as well as completed road test procedures, covering an area of 2,466,000 square meters with an annual production and sales volume of more than 70,000 units.
Possessing a professional international logistics team, Yutong has set up cooperation partnerships with world's renowned shipping companies and is continuously optimizing the costs, timeliness and paths based on customers’ needs so as to provide you with customized logistics solutions.