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The Sales Increase Of HIGER BUS In First Quarter Was Over 70%

08-05-2007

In the first quarter, Higer Bus Company Limited sold 3638 Higer large and medium-sized passenger automobiles, the sales of which was 1.006 billion RMB, up 51.39% and 70.69% respectively over the same period of last year. The growth rate of both sale volume and sales ranked first among the major passenger automobile manufacturers.

Higer bus was an important polar for the first quarter increase of Higer Bus Company Limited. Higer won the tender of manufacturing 164 luxury airport buses for Shenzhen Airport, which was the biggest order in the domestic bus market during the first quarter. The greater significance of winning the order was the approval from major clients on Higer Bus Company Limited's transition towards bus market.

At the end of March, in China's National Exhibition held in Russia, Higer Bus Company Limited succeeded in concluding an agreement of exporting 1000 Higer buses, which was the biggest order of passenger buses export from China to Russia. The total sales were over 40 million dollars.

In last December, 500 Higer buses successfully served the 15th Asian Games held in Doha, winning the favorable review and trust of international clients and more importantly winning returned customers. The Qatari clients signed a follow-up order of 360 buses with Higer Bus Company Limited. Higer buses are marching towards the international market with its outstanding comparative advantages on quality and service.



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