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On the evening of February 18, Guoxuan Hi-Tech announced that its wholly-owned subsidiary Hefei Guoxuan Hi-Tech Power & Energy Co., Ltd. (Hefei Guoxuan) had signed an agreement with Nanjing Golden Dragon Bus Co.，Ltd. According to the agreement, Nanjing Golden Dragon will buy power batteries with a total value of 1.058 billion RMB in 2016 from Hefei Guoxuan. The total purchasing value accounts for half of Hefei Guoxuan's bossiness revenue in 2014. To be specific, Hefei Guoxuan will provide a total number of 6,000 sets power batteries which are suitable for six types of buses measuring 6-meter, 8-meter- and 12-meter in length.
Just winning big orders from Zhongtong, Hefei Guoxuan successfully won the heart of Nanjing Golden Dragon. In 2015, Nanjing Golden Dragon sold 9,000 units electric buses, ranking among the top three in China's new energy bus industry. For the bus maker, it has always been attaching the paramount importance to the bus safety. By cooperating with Hefei Guoxuan, Nanjing Golden Dragon aims to roll out high quality environmentally friendly buses to meet the market rising demand.
Fang Jianhua, General Manager of Hefei Guoxuan Hi-Tech Power & Energy Co., Ltd. pointed out at Automobile One-Hundred Talent Forum, "Safety should always be put on the top place in the public sphere. Lithium iron phosphate batteries not only boast high safety standards, but are also highly reliable for continuous driving." Power batteries are the key parts of the electric buses. For this reason, Nanjing Golden Dragon sees the selection of highly reliable power batteries as one of its important tasks for its ultimate goal of producing best quality buses.
Fang Jianhua, General Manager of Hefei Guoxuan Hi-Tech Power & Energy Co., Ltd.