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On February 4, Yutong held a grand awarding ceremony in Henan People"s Great Hall. Best-performing teams and employees of the bus maker were awarded for their remarkable contributions to the whole company"s achievements in the year of 2015. According to the bus maker, it reaped a sales revenue of 41.812 billion RMB last year.
In 2015, Yutong managed to sell 20,445 units new energy buses, up by 179% year on year. Its sales volume ranked the first in China and it held the largest market share in Chinese bus industry. In the meantime, The Energy-Saving and New Energy Bus Key Technologies Research & Development and Industrialization, which was led and finished by Yutong, won the second prize in China National Science & Technology Progress Award. Yutong T7 also made a high-profile debut in 2015, which was put into service when Chinese Premier Li Keqiang paid a visit to Henan Province and when Shanghai Cooperation Organization held its meeting in Zhengzhou. The appearance of T7 in China immediately pushed Chinese high-end vehicles for business reception to a new height.
In 2015, Yutong succeeded in exporting over 7,000 buses abroad, up by 10.4%. It made new breakthroughs in France, Britain and other developed countries, successfully projecting a new image for products made in China.
Tang Yuxiang, President of Yutong made a keynote speech at the awarding ceremony. It is revealed that the company sold 70,616 units large-, medium-sized buses and various types of engineering machinery. Compared with its sales volume in 2014 which stood at 65,081 units, its sales volume in 2015 went up by 8.5% year on year. Its business revenue reached 41.812 billion RMB in 2015, which grew by 4.525 billion RMB compared with that in 2014, that is a 12.1% year-on-year growth. Since its entry into the stock market, Yutong has realized positive growth for 18 consecutive years. With a solidified position in the global bus industry, Yutong is well positioned to maintain a fast and sound growing momentum in the coming years.