Net Profits of Yutong Bus up 52.56% in 2010
25 February 2011
Yutong Bus developed fast and steady in 2010. Their daily production capability are 185 units, and they became the first domestic bus builders with annual output exceeding 40,000 units, being the biggest China bus manufacturers in China for the eighth consecutive years, and Yutong is also the world biggest bus production base withy mature and advanced technology.
According to Yutong Allotment of Shares passed recently, Yutong will raise no more than 2.5 billion Yuan by allotting shares to invest energy-saving and new energy buses. This year is the first year for China the twelfth five-year plan, and central government will support public transport and new energy industry, and this is also an opportunity for new energy buses.
Source : www.chinabuses.org
Editor : Eric
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