Yutong Bus & Coach

About Yutong Bus & Coach

Zhengzhou Yutong Group Co., Ltd. (hereinafter referred to as "Yutong Group") is a large enterprise group with bus as its core business, engineering machinery, auto parts, and real estate as strategic businesses, and other investment businesses. The group is headquartered in Zhengzhou, Henan Province. The group's core enterprise, Zhengzhou Yutong Bus Co., Ltd. (hereinafter referred to as "Yutong Bus"), has its main factory located in Zhengzhou Yutong Industrial Park, covering an area of 1700 mu. The new energy factory area, completed and put into operation in 2012, covers more than 2000 mu, with a building area of 600,000 square meters. It has internationally advanced bus electrophoresis production lines, including chassis frame electrophoresis, body electrophoresis, and robotic spraying. Currently, the company's maximum daily output is 430 units. The company was listed on the Shanghai Stock Exchange in 1997 (referred to as "Yutong Bus", stock code 600066). The company's main economic indicators have grown rapidly for more than ten consecutive years, and it has maintained an AAA credit rating from the Industrial and Commercial Bank of China for more than ten consecutive years. After years of development, Yutong's comprehensive strength ranks first in the domestic industry. It has formed a unique corporate culture and advanced management philosophy centered on the values of "Integrity, Collaboration, Innovation" and the business management philosophy of "customer-centric, employee-centric": -- Market-oriented, R&D based on the market, with rational product planning. It has a postdoctoral research station and a "national-level technology center" jointly recognized by four ministries, including the National Development and Reform Commission. It has also built a test center specializing in bus testing and research, advanced whole-vehicle cathode electrophoresis production lines, and a chassis workshop with international advanced level, comprehensively improving the design standards and process assurance capabilities of bus products. -- Strictly control the quality of raw materials from the source, emphasize product quality, and establish a full-process quality control and supervision system. In 2004, Yutong successfully passed the ISO/TS16949:2002 quality management system certification issued by DQS, marking that the bus industry, represented by Yutong, has kept pace with international standards in quality management. -- Fully apply various information technologies to improve internal enterprise management. Yutong Bus began building its management information system in 1994. Following the principle of "overall planning, distributed implementation," it has successively implemented systems such as ERP, PDM, KOA, CRM, and SRM, comprehensively integrating production, supply, sales, technology, finance, and personnel. The company's level of informatization management is leading in China, laying a good foundation for the smooth expansion of the group. Focusing on the business goal of "creating the Yutong brand, expanding domestic and international markets, and becoming an industrially diversified group with a global influence, mainly focused on buses," Yutong Group internally integrates its subsidiaries and rationally allocates resources to fully leverage the Yutong brand advantage. Externally, it forms economies of scale, enhances capital advantages, and promotes common development. In the future, Yutong Group will take products as the leader, capital as the link, and corporate culture and management model as the core, forming a large enterprise group that covers industries such as buses, engineering machinery, real estate development, and finance, integrating manufacturing, scientific research, investment, and trade, and is cross-regional, diversified, high-tech, and internationalized.