English.chinabuses.com: on Jul. 10, Youngman Automobile commenced the construction of its Qing’an Production Plant. PANG Qingnian, President of the bus giant in Zhejiang and other high level officials participated in the ceremony to mark the start of the construction of the new project.

 Youngman’s luxury double-decker rolling off production line

Covering an area of 100 mu, Youngman’s Qing’an Production Plant is expected to finish its first stage of construction in Feb. 2010. With an investment of RMB 120 million (about USD 17.5602 million) in the first phase, the plant is planned to realize an annual sales income of over RMB 500 million (about USD 73.1673 million).

With of workforce of over 4,300 employees, Youngman Automobile Group has grown into a large-sized and well respected industrial group that integrates the production and sales of buses, heavy-duty trucks and sports cars. To date, it has set up long-term cooperative ties with Neoplan, MAN and Lotus, thus significantly strengthening its overall competitiveness in the global commercial vehicle market. Boasting over 600 R&D personnel and over 100 foreign experts, the group holds the dominant position in China’s long-distance coach market. In addition, its bus & coach products have already been exported to a number of overseas countries and regions, including USA, Russia, ROK, Japan, Singapore, Iran, Kazakhstan, etc. Currently as a state-level key hi-tech enterprise, Youngman Automobile Group has made its way among the Top 10 China’s Bus Builders and Top 500 Machinery & Industrial Enterprises in China.

Source : english.chinabuses.com

Editor : Mark

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Tags: Youngman Production Construction