English.chinabuses.com: recently, Forbes released its newly compiled list of “Best CEOs in China’s Listed Companies (A Share, Non-state-owned enterprises)”. TANG Yuxiang, the top leader from Yutong Bus, was the only executive from the complete vehicle manufacturing industry to receive such an honor.

TANG Yuxiang (the left one in front) symbolically handed over bus keys to its Cuban customer for 1,000 units of Yutong city buses

According to statistics, Yutong Bus led by TANG brought handsome returns with an average annual ROI reaching 19.8% to its investors in the past three years, far higher than the industrial average, which stood at 8.1%. Thanks to the company’s robust growth, Yutong’s market value went up by 242% in the last three fiscal years. It is estimated by CITIC Kington that Yutong will continue to enjoy booming business given the fact that the bus builder has increasingly adopted its own bus chassis and its state-of-art electrolytic cathode assembly has already been put into operation. The mainstream securities traders including Guangfa Securities have all rated Yutong Bus a buy-in.

Source : english.chinabuses.com

Editor : Mark

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