Four bus producers, which account for 60% sales in china, as the initial member of purchasing syndicate which sponsored by SHANG-HAI BUS GROUP., signed agreement in shanghai on 23,June. The four producers are: Zhengzhou Yutong Bus Company, , Xiamen King Long United Automotive Industry Co., Ltd, Shanghai Sunwin Bus Corporation and Shanghai Wanxiang Automotive Company. As biggest city pubic bus user in china at present, Shanghai Bus Group organized this syndicate in order to reduce fitting purchasing cost of its members and improve management level and product quality of domestic fitting supplier. With this syndicate, they also want to perfect the total supply chain of automobile industry, accelerate Shanghai public bus updating.

To make purchasing process more transparent and open, further reduce purchasing cost, Shanghai Bus Group launch on building of a professional internet trade platform of auto fittings and parts(ab. APEP). Up to now, APEP already have more than 120 excellence suppliers and over 10 purchasers in Shanghai, over 500,000,000 yuan trade volume annually, and over 50000 varieties of auto parts on supply. Moreover, APEP also have comparative perfect systems of trade, payment, distribution, storage, which achieve "zero capital storage".

After enterprises joined this new purchasing syndicate, they could ally to invite public bidding and purchase through internet. The syndicate invited experts to compose professional committee and these experts made option of the auto parts of demand into together , then invite public bidding and determine suppliers. Through consortium purchasing, the members of Syndicate obtained bus parts with highest quality and lowest price, achieving their purpose of reducing cost and improving market competence.

According to cooperation memo, APEP will accomplish the construction of the platform ,¡°purchase market¡±, and training. It will finish the first invite-public -bidding of bus parts in September and begin the consortium purchasing test in the last quarter.