Yutong Group

Zhengzhou Yutong Group Co., Ltd. (simplified Chinese: 郑州宇通客车股份有限公司; traditional Chinese: 鄭州宇通客車股份有限公司; pinyin: Zhèngzhōu Yǔtōng kèchē gǔfèn yǒuxiàn gōngsī) or commonly known as the (simplified Chinese: 宇通客车; traditional Chinese: 宇通客車; pinyin: Yǔtōng kèchē; Yutong Group), is a conglomerate based in Zhengzhou, Henan province, China focused on bus manufacturing as the core business, engineering machinery and real estate as the strategic business and at the same time giving attention to other investment portfolios.

History

The company was established in 1963 as the Zhengzhou Yutong Group Co., Ltd.

Headquarters

The core enterprise of Yutong Group Zhengzhou Yutong Bus Co., Ltd. (hereinafter referred to as “Yutong Bus”) is located in Zhengzhou Industrial Park and now has developed into the largest and most advanced bus manufacturing base in Asia.

Sales

In 2009, Yutong bus sales reached 28,186 units, while exports slumped 64% from 2008 to 1,010 units due to global financial crisis.

In 2007, sales amount of Yutong Group reached high up to RMB 12,588,000,000, taking up over 22% of the domestic market share. In the same year, 25,522 units of Yutong buses were sold throughout the year, making Yutong Group once again enter into world top 5 considering the sales volume. And among them, 3,319buses were exported with the export amount up to USD187 million, increasing 92% compared with the corresponding period last year. Till now, the possessed number of Yutong buses all over the world exceeds 120 thousand, making Yutong an international large-scale bus manufacturing enterprise.

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 and was awarded by BAAV “The Best Export Marketing Campaign of the Year 2006”, “The Best Marketing Campaign of the Year 2007” and “Coach Builder of the Year” in 2002, 2005 and 2006.

Awards

In Apr. 2006, “Three Ministries and Commissions” such as Science and Technology Department embarked jointly on the pilot work of enterprises with independent innovation, and Yutong Bus was designated as such an enterprise. In Aug. 2006, Yutong Bus was titled “National Vehicle CBU Export Base Enterprise”. And in the same month of this year, Yutong passed the special investigation carried out by General Administration of Quality supervision, Inspection and Quarantine of the P.R.C and won the first “Certificate for Product Exemption from Export Inspection” in China’s vehicle industry. In Nov. 2006, Yutong brand won “China Brand Award of the Year”(NO.1 in China’s bus industry) issued by World Brand Lab. In 2007, the value of Yutong brand has increased by RMB 471 million and grows up to RMB 7.487 billion, which makes Yutong brand continue to hold the title of No.1 Brand in China’s bus industry for successive four years. According to State Statistics Bureau, Yutong Group ranks 324 in “China’s Top 500 Enterprises” and at the same time stood 41 in “China’s 500 Most Competitive Enterprises of the Year 2006” as the only bus enterprise to enter into this list.

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. In 2004, Yutong Bus was evaluated by an internationally recognized quality authentication institute---Germany Quality System Authentication Company (DQS), and successfully passed ISO/TS16949: 2002 authentication, which is the first authentication in China’s bus industry, indicating that China’s bus industry represented by Yutong Bus has been progressively geared to the international quality management.

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.

Development plans

In the management targets of Yutong Group, it has been definitely confirmed that its principle is finding a foothold in the domestic market and concentrating resource for strategy area and its clear development strategy is opening up international market. The development vision of the enterprise is to establish the enterprise brand of Yutong and to become the predominant world enterprise group of moderate diversification with bus making as the key business. Inside, it integrates its affiliate enterprises, properly disposes recourses and takes great advantage of the privilege of Yutong brand. Outside, it forms the benefit of scale and strengthens capital advantages in order to promote side-by-side development. From now on, with products as the leading role, the capital as the cohesion and enterprise culture and management mode as the core, Yutong Group will develop into a trans-regional, diversified, high-tech and large-scale international enterprise group, covering buses, engineering machinery and vehicle components and integrated with manufacturing, science and development, investment and trade, thus becoming No. 1 brand of China’s bus industry and a main international bus supplier.

Places of operation

Zhengzhou Yutong buses are in service in 27 countries/regions, including:

• Aruba as tour buses
• Cuba as long distance transport and public transport
• Czech Republic
• Egypt as tour buses
• Ghana as long distance transport and public transport
• Hong Kong SAR as tour buses
• Iran
• Jamaica
• Kazakhstan
• Kuwait as public transport
• Macedonia 'Retro' double-deckers for public transport in Skopje (from 2011)
• People's Republic of China
• Philippines
• Russia
• Singapore
• Sudan as public transport
• Trinidad and Tobago as public transport
• Uruguay as public transport

Products

• ZK6891HG city bus
• ZK6108HG city bus
• ZK6118HG city bus
• ZK6118HA 11-meter series
• ZK6120H 12-meter series
• ZK6120HR 12-meter series
• ZK6752H
• ZK6115D front-engine bus

Products (Philippine Market)

• ZK6100H
• ZK6107H
• ZK6119HA
• ZK6129H

Image gallery

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  Yutong Bus

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  Yutong Bus in Guangdong, China

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  Yutong bus in Singapore

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  Yutong bus in Taiwan

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  Yutong Bus in The Philippines

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  Yutong bus in China

See also

• Chinese auto makers

External links

• Official Website (Chinese)
• Official Website (English)
• Passenger Motor Vehicles Manufactures and Suppliers in China
• Bus Manufacturers in China