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King Long Bus Broke Through 100 Thousand

Xiamen King Long United Automotive Industry Co., Ltd had manufactured 100 thousand buses until September 2,2006. 100 thousand buses are a milestone for Xiamen King Long United Automotive Industry Co., Ltd and China bus industry, and all of King Long people are very proud of this miracle number! 100 thousand buses also mean the China bus industry open a new historic page!

The foundation of Xiamen King Long United Automotive Industry Co., Ltd is the new stage beginning of China bus industry, also, meaning the China bus industry is more and more international and modernized than ever before. Through 18 years' hard and rapidly development, we could find the historic trace of China bus industry. From the first bus output to 100 thousand, King Long spent 18 years. 18 years is not only the time passed, but also a huge change of Xiamen King Long Automotive Industry. However, in 1990, the number of total buses in China is only 100 thousand.

We clearly see that the registration capital of Xiamen King Long United Automotive Industry is only 20 million yuan (RMB) at the beginning, but now the capital is 2400 million yuan (RMB). Comparing with the very beginning, the number increases 120 times. Furthermore, only 8 buses can output at the beginning of each year. Now King Long can output 18 thousand buses each year. Comparing with the very beginning, the number increases 2250 times. The income of each year increases from 1.26 million yuan in 1990 to 4.06 billion yuan in 2006. Comparing with the very beginning, the number increases 3220 times. All of the significant numbers are recording in the history book of Xiamen King Long and China bus industry.

At the backside of resplendence, we also should recognize our shortage. Although King Long possesses many progresses today, lacking essential technology is always the bottleneck to limit its development speed. But, we surely believe that King Long will overcome all of the shortages in the near future.

King Long Bus possesses the strong ability of innovation and the global view, and now King Long is outing of China. LUK, the president of World Bus Association, said in the World Bus Asia 2006 on March 27.2006.


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