Year
2005 April 400
Yutong buses were exported to Cuba, among which were 200 CKD buses and CBU buses
respectively. This was the largest order both in volume and value. The value was
up to 240 billion Yuan RMB. The export also included aspects of technology transfer,
brand license, financing, transport of CKD and CBU bus, and after-sale service.
August On August 17, an agreement on strategic cooperation between
Zhengzhou Yutong Group, the parent corporation of Yutong Bus Co., Ltd, and China
Export & Credit Insurance Corporation was duly signed, which was the first
agreement between an automobile manufacturer and a national policy-based financial
institution, accelerating the pace of internationalization of China automobile
manufacturers by means of financial instrument, a new phase of China automobile
export. September A
contract of more than 30 million US dollars was concluded between Saipa Diesel
Company of Iran and Yutong. The contract included the export of 500 complete vehicles
and parts of 500 CKD buses. This was another large order in 2005, also a mark
for Yutong marching into the Middle East market. The intention of cooperation
set a solid foundation for developing the business in Middle East. October Yutong
made an agreement with China National Aero-Technology Import & Export Corporation
Beijing Company to export 630 buses to Cuba. It was said that this was the largest
order of bus export in China in 2005. The contract included 430 CBU buses and
200 CKD buses, amounting to 50 million US dollars. The average price of an individual
bus exceeded 600 thousand Yuan RMB. The buses were used in long-distance passenger
transport. This was the second order of Cuba in 2005, which indicated the acknowledgement
of Cuba to the quality and service of Yutong buses. Yutong made the initial achievement
thanks to its mode of constant overseas development. On
October 15. PULLMAN Company of Chile bought 31 Yutong buses of five newest models
including ZK6891HG. According to the statistics, in 2005, Yutong exported more
than 40 buses to Chile. Besides Cuba, Yutong exploited a second market in Central
America. November At
the first of November, a new bus developed in Yutong has been shipped to U.S.A
from Tianjin Port. According to the strategy of Yutong company, under the great
help of the agent of U.S.A, personnel in the Group of America Region of the Overseas
Market Department and the engineers of the Project Team of the Technology Division
of our company worked together, in line with the laws and regulations of Department
of Transportation of U.S.A, in consideration of the actual road conditions and
technological requirements in U.S.A, to overcome the technological difficulties
one by one. After sixteen months'endeavor, the bus meeting the requirements of
the market of U.S.A was turned out. American market is famous for its high standards.
Entering American market shows that Yutong has attained the world advanced level
in technology and quality of products. December On
December 5, the ceremony for exporting 630 buses to Cuba was held in Tianjian
Port by China National Aero-Technology Import & Export Corporation Beijing
Company and Yutong company, the first 80 buses was destined for Cuba from Tianjin
Port. Year
2006 February ZK6831DA
buses independently developed by Yutong successfully passed the certification
of DOT of U.S.A. They were exported to U.S.A and served as the express buses to
carry passengers to and from airports. The history that no China buses were exported
to U.S.A was thus ended. March On
March 18, the ceremony for exporting the 1000th bus to Cuba was held in Yutong
Group. Seven representatives from Cuba, including the minister of the Department
of Transportation of Cuba, Mr. Peso, ambassador of Cuba to China, Mr. Alberto
R.Arufe, commercial counselor of Cuba embassy to China, and more than ten representatives
from China, including the leaders of China National Aero-Technology Import &
Export Corporation Beijing Company, China Export & Credit Insurance Corporation
and Henan Province, attended the ceremony. On
March 29, The Sixth Busworld Asia of BAAV was held in Shanghai International Exhibition
Center. Yutong won the award: Award for Exporting and Marketing of the Best Builder
of CBU Bus, BAAV 2006. It was the first time for China automobile company to win
the global award. May A
ship loaded with 35 units of ZK6118HGA Yutong buses left China for Mozambique.
It was the largest export volume of top grade city buses made in China. June On
June 24, the Symposium of the Problems and Solutions of China's Automobile Export
are partly sponsored by Yutong Group and was held in Zhengzhou. More than one
hundred government officials, experts and scholars of automobile attended the
symposium to research how to promote China automobile export and raise the competitiveness
of automobile enterprises. At
the end of June, 3rd Syria Auto Show, which focused wide attention, was grandly
held in the New Exhibition Center of Damascus, the capital of Syria. As the representative
of China bus industry, Yutong exhibited the brand and strength of China's bus. At
the first half year, Yutong exported 972 buses, an increase of 112% compared with
the same period of the last year, once again leaving its competitors behind.
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