Zhengzhou Yutong Bus
Encyclopedia
Zhengzhou Yutong Group Co., Ltd. or commonly known as the , is a conglomerate based in Zhengzhou
, Henan
province, China
focused on bus manufacturing as the core business
, engineering machinery and real estate
as the strategic business and at the same time giving attention to other investment portfolios.
manufacturing
base in Asia
.
In 2007, sales
amount of Yutong Group reached high up to RMB 12,588,000,000, taking up over 22% of the domestic market share. In the same year, 25,522 units of Yutong buses were sold throughout the year, making Yutong Group once again enter into world top 5 considering the sales volume. And among them, 3,319buses were exported with the export
amount up to USD187 million, increasing 92% compared with the corresponding period last year. Till now, the possessed number of Yutong buses all over the world exceeds 120 thousand, making Yutong an international large-scale bus manufacturing enterprise.
In 1997, Yutong Bus became the first domestic bus enterprise listed in Shanghai Stock Exchange
with its stock code 600066，becoming a long-established blue-chip potential stock in China’s A stock
market. The main economic indicators of the enterprise have been growing rapidly for ten continuous years. Yutong Bus has obtained AAA credit from ICBC for eight consecutive years and was awarded by BAAV “The Best Export Marketing Campaign of the Year 2006”, “The Best Marketing Campaign of the Year 2007” and “Coach Builder of the Year” in 2002, 2005 and 2006.
, and Yutong Bus was designated as such an enterprise. In Aug. 2006, Yutong Bus was titled “National Vehicle CBU Export Base Enterprise”. And in the same month of this year, Yutong passed the special investigation carried out by General Administration of Quality supervision, Inspection and Quarantine
of the P.R.C and won the first “Certificate for Product Exemption from Export Inspection” in China’s vehicle industry. In Nov. 2006, Yutong brand won “China Brand Award of the Year”(NO.1 in China’s bus industry) issued by World Brand Lab. In 2007, the value of Yutong brand has increased by RMB 471 million and grows up to RMB 7.487 billion, which makes Yutong brand continue to hold the title of No.1 Brand in China’s bus industry for successive four years. According to State Statistics Bureau, Yutong Group ranks 324 in “China’s Top 500 Enterprises” and at the same time stood 41 in “China’s 500 Most Competitive Enterprises of the Year 2006” as the only bus enterprise to enter into this list.
quality control
supervision system in order to guarantee the quality of the product. In 2004, Yutong Bus was evaluated by an internationally recognized quality authentication institute---Germany Quality System Authentication Company (DQS
), and successfully passed ISO/TS16949: 2002 authentication, which is the first authentication in China’s bus industry, indicating that China’s bus industry represented by Yutong Bus has been progressively geared to the international quality management.
Yutong Group has begun its establishment of management information system
since 1994, and at the present time, it has successfully introduced and put into practice the SAP management system and CRM (Customers Relationship Management) system, thus upgrading the inner management level of the enterprise with different information technology
.
targets of Yutong Group, it has been definitely confirmed that its principle is finding a foothold in the domestic market and concentrating resource for strategy area and its clear development strategy is opening up international market. The development vision of the enterprise is to establish the enterprise brand of Yutong and to become the predominant world enterprise group of moderate diversification
with bus making as the key business. Inside, it integrates its affiliate
enterprises, properly disposes recourses and takes great advantage of the privilege of Yutong brand
. Outside, it forms the benefit of scale and strengthens capital
advantages in order to promote side-by-side development. From now on, with products as the leading role, the capital as the cohesion and enterprise culture and management mode as the core, Yutong Group will develop into a trans-regional, diversified, high-tech and large-scale international enterprise group, covering buses, engineering machinery and vehicle components and integrated with manufacturing, science and development, investment and trade, thus becoming No. 1 brand of China’s bus industry and a main international bus supplier.
Zhengzhou
Zhengzhou , is the capital and largest city of Henan province in north-central China. A prefecture-level city, it also serves as the political, economic, technological, and educational centre of the province, as well as a major transportation hub for Central China...
, Henan
Henan
Henan , is a province of the People's Republic of China, located in the central part of the country. Its one-character abbreviation is "豫" , named after Yuzhou , a Han Dynasty state that included parts of Henan...
province, China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
focused on bus manufacturing as the core business
Core business
The core business of an organization is an idealized construct intended to express that organization's "main" or "essential" activity.The corporate trend in the mid-20th Century of acquiring new enterprises and forming conglomerates enabled corporations to reduce costs funds and similar investment...
, engineering machinery and real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
as the strategic business and at the same time giving attention to other investment portfolios.
Headquarters
The core enterprise of Yutong Group Zhengzhou Yutong Bus Co., Ltd. (hereinafter referred to as “Yutong Bus”) is located in Zhengzhou Industrial Park and now has developed into the largest and most advanced busBus
A bus is a road vehicle designed to carry passengers. Buses can have a capacity as high as 300 passengers. The most common type of bus is the single-decker bus, with larger loads carried by double-decker buses and articulated buses, and smaller loads carried by midibuses and minibuses; coaches are...
manufacturing
Manufacturing
Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...
base in Asia
Asia
Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...
.
Sales
In 2009, Yutong bus sales reached 28,186 units, while exports slumped 64% from 2008 to 1,010 units due to global financial crisis.In 2007, sales
Sales
A sale is the act of selling a product or service in return for money or other compensation. It is an act of completion of a commercial activity....
amount of Yutong Group reached high up to RMB 12,588,000,000, taking up over 22% of the domestic market share. In the same year, 25,522 units of Yutong buses were sold throughout the year, making Yutong Group once again enter into world top 5 considering the sales volume. And among them, 3,319buses were exported with the export
Export
The term export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter" who is based in the country of export whereas the overseas based buyer is referred to as an "importer"...
amount up to USD187 million, increasing 92% compared with the corresponding period last year. Till now, the possessed number of Yutong buses all over the world exceeds 120 thousand, making Yutong an international large-scale bus manufacturing enterprise.
In 1997, Yutong Bus became the first domestic bus enterprise listed in Shanghai Stock Exchange
Shanghai Stock Exchange
The Shanghai Stock Exchange , abbreviated as 上证所/上證所 or 上交所, is a stock exchange that is based in the city of Shanghai, China. It is one of the two stock exchanges operating independently in the People's Republic of China, the other is the Shenzhen Stock Exchange...
with its stock code 600066，becoming a long-established blue-chip potential stock in China’s A stock
A Stock
A Stock may refer to:* London Underground A Stock, London Underground rolling stock built in 1903* London Underground A60 and A62 Stock, a class of sub-surface train run on the London Underground, built in 1960...
market. The main economic indicators of the enterprise have been growing rapidly for ten continuous years. Yutong Bus has obtained AAA credit from ICBC for eight consecutive years and was awarded by BAAV “The Best Export Marketing Campaign of the Year 2006”, “The Best Marketing Campaign of the Year 2007” and “Coach Builder of the Year” in 2002, 2005 and 2006.
Awards
In Apr. 2006, “Three Ministries and Commissions” such as Science and Technology Department embarked jointly on the pilot work of enterprises with independent innovationInnovation
Innovation is the creation of better or more effective products, processes, technologies, or ideas that are accepted by markets, governments, and society...
, and Yutong Bus was designated as such an enterprise. In Aug. 2006, Yutong Bus was titled “National Vehicle CBU Export Base Enterprise”. And in the same month of this year, Yutong passed the special investigation carried out by General Administration of Quality supervision, Inspection and Quarantine
General Administration of Quality Supervision, Inspection and Quarantine
The General Administration of Quality Supervision, Inspection and Quarantine is a ministerial-level department under the State Council of the People's Republic of China that is in charge of national quality, metrology, entry-exit commodity inspection, entry-exit health quarantine, entry-exit...
of the P.R.C and won the first “Certificate for Product Exemption from Export Inspection” in China’s vehicle industry. In Nov. 2006, Yutong brand won “China Brand Award of the Year”(NO.1 in China’s bus industry) issued by World Brand Lab. In 2007, the value of Yutong brand has increased by RMB 471 million and grows up to RMB 7.487 billion, which makes Yutong brand continue to hold the title of No.1 Brand in China’s bus industry for successive four years. According to State Statistics Bureau, Yutong Group ranks 324 in “China’s Top 500 Enterprises” and at the same time stood 41 in “China’s 500 Most Competitive Enterprises of the Year 2006” as the only bus enterprise to enter into this list.
Position within the Industry
Now, after many years’ development, Yutong Bus has achieved a premier position in the bus field with its integrated enterprise strength and also formed its unique enterprise culture and advanced management concept. With market oriented, Yutong Bus carries on its R&D based on the market and programs its products rationally. It has powerful R&D strength, the first post-doctoral science and development working station in the bus industry of China equipped with the world-class test device and instrument, and also the first state-level technology center in the bus industry of China. Yutong Bus has established the entire-processIndustrial process
Industrial processes are procedures involving chemical or mechanical steps to aid in the manufacture of an item or items, usually carried out on a very large scale. Industrial processes are the key components of heavy industry....
quality control
Quality control
Quality control, or QC for short, is a process by which entities review the quality of all factors involved in production. This approach places an emphasis on three aspects:...
supervision system in order to guarantee the quality of the product. In 2004, Yutong Bus was evaluated by an internationally recognized quality authentication institute---Germany Quality System Authentication Company (DQS
DQS
DQS Holding GmbH based in Frankfurt am Main is the holding company of the worldwide DQS-UL Group. The group provides assessments and certifications of management systems and processes of any type.- History :...
), and successfully passed ISO/TS16949: 2002 authentication, which is the first authentication in China’s bus industry, indicating that China’s bus industry represented by Yutong Bus has been progressively geared to the international quality management.
Yutong Group has begun its establishment of management information system
Management information system
A management information system provides information needed to manage organizations efficiently and effectively. Management information systems involve three primary resources: people, technology, and information. Management information systems are distinct from other information systems in that...
since 1994, and at the present time, it has successfully introduced and put into practice the SAP management system and CRM (Customers Relationship Management) system, thus upgrading the inner management level of the enterprise with different information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
.
Development plans
In the managementManagement
Management in all business and organizational activities is the act of getting people together to accomplish desired goals and objectives using available resources efficiently and effectively...
targets of Yutong Group, it has been definitely confirmed that its principle is finding a foothold in the domestic market and concentrating resource for strategy area and its clear development strategy is opening up international market. The development vision of the enterprise is to establish the enterprise brand of Yutong and to become the predominant world enterprise group of moderate diversification
Diversification
Diversification may refer to:* Diversification involves spreading investments* Diversification is a corporate strategy to increase market penetration...
with bus making as the key business. Inside, it integrates its affiliate
Affiliate
An affiliate is a commercial entity with a relationship with a peer or a larger entity.- Corporate structure :A corporation may be referred to as an affiliate of another when it is related to it but not strictly controlled by it, as with a subsidiary relationship, or when it is desired to avoid...
enterprises, properly disposes recourses and takes great advantage of the privilege of Yutong brand
Brand
The American Marketing Association defines a brand as a "Name, term, design, symbol, or any other feature that identifies one seller's good or service as distinct from those of other sellers."...
. Outside, it forms the benefit of scale and strengthens capital
Financial capital
Financial capital can refer to money used by entrepreneurs and businesses to buy what they need to make their products or provide their services or to that sector of the economy based on its operation, i.e. retail, corporate, investment banking, etc....
advantages in order to promote side-by-side development. From now on, with products as the leading role, the capital as the cohesion and enterprise culture and management mode as the core, Yutong Group will develop into a trans-regional, diversified, high-tech and large-scale international enterprise group, covering buses, engineering machinery and vehicle components and integrated with manufacturing, science and development, investment and trade, thus becoming No. 1 brand of China’s bus industry and a main international bus supplier.
Places of operation
Zhengzhou Yutong buses are in service in 27 countries/regions, including:- ArubaArubaAruba is a 33 km-long island of the Lesser Antilles in the southern Caribbean Sea, located 27 km north of the coast of Venezuela and 130 km east of Guajira Peninsula...
as tour buses - CubaCubaThe Republic of Cuba is an island nation in the Caribbean. The nation of Cuba consists of the main island of Cuba, the Isla de la Juventud, and several archipelagos. Havana is the largest city in Cuba and the country's capital. Santiago de Cuba is the second largest city...
as long distance transport and public transport - Czech RepublicCzech RepublicThe Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the northeast, Slovakia to the east, Austria to the south, and Germany to the west and northwest....
- EgyptEgyptEgypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...
as tour buses - GhanaGhanaGhana , officially the Republic of Ghana, is a country located in West Africa. It is bordered by Côte d'Ivoire to the west, Burkina Faso to the north, Togo to the east, and the Gulf of Guinea to the south...
as long distance transport and public transport - Hong Kong SAR as tour buses
- IranIranIran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...
- JamaicaJamaicaJamaica is an island nation of the Greater Antilles, in length, up to in width and 10,990 square kilometres in area. It is situated in the Caribbean Sea, about south of Cuba, and west of Hispaniola, the island harbouring the nation-states Haiti and the Dominican Republic...
- KazakhstanKazakhstanKazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...
- KuwaitKuwaitThe State of Kuwait is a sovereign Arab state situated in the north-east of the Arabian Peninsula in Western Asia. It is bordered by Saudi Arabia to the south at Khafji, and Iraq to the north at Basra. It lies on the north-western shore of the Persian Gulf. The name Kuwait is derived from the...
as public transport - MacedoniaRepublic of MacedoniaMacedonia , officially the Republic of Macedonia , is a country located in the central Balkan peninsula in Southeast Europe. It is one of the successor states of the former Yugoslavia, from which it declared independence in 1991...
'Retro' double-deckersDouble-decker busA double-decker bus is a bus that has two storeys or 'decks'. Global usage of this type of bus is more common in outer touring than in its intra-urban transportion role. Double-decker buses are also commonly found in certain parts of Europe, Asia, and former British colonies and protectorates...
for public transport in SkopjeSkopjeSkopje is the capital and largest city of the Republic of Macedonia with about a third of the total population. It is the country's political, cultural, economic, and academic centre...
(from 2011) - People's Republic of ChinaPeople's Republic of ChinaChina , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
- PhilippinesPhilippinesThe Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
- RussiaRussiaRussia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...
- SingaporeSingaporeSingapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...
- SudanSudanSudan , officially the Republic of the Sudan , is a country in North Africa, sometimes considered part of the Middle East politically. It is bordered by Egypt to the north, the Red Sea to the northeast, Eritrea and Ethiopia to the east, South Sudan to the south, the Central African Republic to the...
as public transport - Trinidad and TobagoTrinidad and TobagoTrinidad and Tobago officially the Republic of Trinidad and Tobago is an archipelagic state in the southern Caribbean, lying just off the coast of northeastern Venezuela and south of Grenada in the Lesser Antilles...
as public transport - UruguayUruguayUruguay ,officially the Oriental Republic of Uruguay,sometimes the Eastern Republic of Uruguay; ) is a country in the southeastern part of South America. It is home to some 3.5 million people, of whom 1.8 million live in the capital Montevideo and its metropolitan area...
as public transport
Products
- ZK6891HG city bus
- ZK6108HG city bus
- ZK6118HG city bus
- ZK6118HA 11-meter series
- ZK6120H 12-meter series
- ZK6120HR 12-meter series
- ZK6752H
- ZK6115D front-engine bus