Golden Dragon Export Revenue Set to Break 2-Billion-RMB Threshold in 2022

October 17,2022

Recently, 220 units Golden Dragon buses arrived at Xiandai Port in Xiamen, ready for their shipping to Kuwait. Despite various challenges posed by COVID-19 and growing uncertainties in the global market, Golden Dragon’s export revenue in 2022 is expected to break the two-billion-RMB threshold, reaching a new record high. In the first three quarters of this year, its sales revenue in the overseas market exceeded 1.5 billion RMB, up by 35% year on year.

220 units Golden Dragon buses to Kuwait

In 2021, Golden Dragon exported 5,743 units buses & coaches with a total value of 1.8 billion RMB, hitting a new record high. “Over 35% of our buses & coaches exported to the overseas market this year are entirely powered by electricity”, revealed Jiang Yonghui, the Director of Golden Dragon’s Overseas Sales.

Golden Dragon EuroⅥ buses operated in Israel

Currently, Golden Dragon’s factory in Egypt is able to assemble over 600 units Hiace buses each month; in Kazakhstan, its KD project has so far assembled over 1,000 units school buses; in Thailand, its KD project, the largest in the overseas market, is expected to see its production volume exceed 1,400 units in 2022; in Nigeria, its KD project has so far rolled out 500 units buses. So far, Golden Dragon has officially launched its KD projects in over 10 countries and regions with their combined total sales revenue reaching 700 million RMB this year, accounting for one third of the bus maker’s total export revenue.

An Min, general manager of Golden Dragon Overseas Sales Company attended the CKD activities in Egypt

According to Golden Dragon, it officially launched its marketing and sales in the overseas market in 2003. In less than two decades, it has grown into a formidable force in the global bus market from a just a local bus brand in China. So far, its total export volume has reached 92,000 units buses and coaches.

Golden Dragon electric city buses operated in Israel

Due to the financial crisis in 2008, Golden Dragon’s export hit the rock bottom in 2009 with its sales revenue in the overseas market recorded at less than 15 million US dollars. Since then, the bus maker has been making relentless efforts to strengthen its marketing efforts in the overseas market. At the same time, with its growing knowledge of the specific needs and requirements of its overseas customers, it has been rolling out a host of more customized public transportation solutions targeting at different customers in different countries and regions.

Golden Dragon electric city buses operated in Denmark

Despite the travel restrictions since outbreak of COVID-19, Golden Dragon has over 30 employees stationed in the overseas market, all of whom have been playing a vital role in marketing Golden Dragon buses & coaches and providing timely after-sales services for overseas customers.

While celebrating its 30th year founding anniversary this year, Golden Dragon ranks the 213th place in China’s 500 Most Valuable Brands with a brand value of 38.356 billion RMB. So far, it has successfully made its way to over 120 countries and regions and established 153 after-sales service centers across the globe.

Golden Dragon 18m electric city buses operated in Bulgaria
 

Source : www.chinabuses.org

Editor : Lucy

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