Company Profile
Stock Exchange under the symbol of china stocks Yutong Bus Company Code 02600066 Date of Publication 2006 - 8 - 15 All Legal Chinese Zhengzhou Yutong Bus Company Legal English Name BUS CO., LTD. with registered capital of 39991. 671 (million) registered company address - in Zhengzhou High and New Technology Industry Development Zone in Chongyang Street 70 No. Legal representative: Tang Yuxiang, board secretary Xu Hui Address Zhengzhou Yutong Industrial Park telephone mailbox 2066 - 0371 66806316Fax - 0371 6899123 office address Zhengzhou Yutong Industrial Park 2066 mailbox postcode 450016 email infoanton-paar.com. com
sbd. com, the company's website http: / / www com business coach and fittings, and accessories manufacture, mechanical processing; automobiles and their parts and accessories Sale, Wujinjiaodian, chemical products, general merchandise, auto repair, hotel services;warehouse rental business is concurrently operated by the passenger, the passenger car and the design and the technical service, motorcycle; the total number of employees in tourism 2910 of managers and technicians 222 376 of the Board of Directors authorized in the Angelina Jolie of Information Disclosure by Companies that Offer Securities to the Shanghai Securities News, China Securities Journal, Securities Daily Information Disclosure by Companies that Offer Securities to the web site http / / www. sse. com. cn, the date of the establishment of the 1993 2 - - 28 - 1) Registration No. 17000140
Company Profile
Company is located in downtown Zhengzhou, capital of the province, is the former Zhengzhou Zhengzhou Bus Factory is oriented on the basis of a company limited by shares which is established by the offer method; the Company is located in downtown Zhengzhou, capital of the province, is the former Zhengzhou Zhengzhou Bus Factory is oriented on the basis of a company limited by shares which is established by the offer method; the . Zhengzhou Bus was founded in 1963, the Ministry of Communications in Henan Province is the only highway bus manufacturer, also is China's passenger car production earlier one of the specialized factory, located in Zhengzhou Fenghuang Road, Zhengzhou East Railway Station only hundreds of meters, the mile high ways of Zhengbian highway and 107 national highway number only thousands, has excellent traffic conditions Zhengzhou Bus was founded in 1963, the Ministry of Communications in Henan Province is the only highway bus manufacturer, also is China's passenger car production earlier one of the specialized factory, located in Zhengzhou Fenghuang Road, Zhengzhou East Railway Station only hundreds of meters, the mile high ways of Zhengbian highway and 107 national highway number only thousands, has excellent traffic conditions .
1993 Zhengzhou bus has become China's major bus manufacturing enterprises, especially in 1989,(1993) and its predecessor companies invest RMB 33 million yuan for technological transformation, introduced to Japan, Germany, the key equipment and technology, through the opening of a new type of production line, production process and technical level is further increased, the initially formed a production capacity of 2000 buses in 1993 Zhengzhou bus has become China's major bus manufacturing enterprises, especially in 1989,(1993) and its predecessor companies invest RMB 33 million yuan for technological transformation, introduced to Japan, Germany, the key equipment and technology, through the opening of a new type of production line, production process and technical level is further increased, the initially formed a production capacity of 2000 buses in . 1993 according to the reform of the Commission on the Economic System of Henan Province Henan word 1993 No. 29 Approval Document, Zhengzhou Bus and Its Company, Zhengzhou station wagon factory co - sponsor a co - established by means of directional financing of Yutong Bus Company 1993
,the company has played the role of technology, financing and managing mechanism, enterprises and the benefit of rapid development in the past three years, from the total assets of RMB 80 million when the company has increased to 24,000 million 1994 production company ,the company has played the role of technology, financing and managing mechanism, enterprises and the benefit of rapid development in the past three years, from the total assets of RMB 80 million when the company has increased to 24,000 million 1994 production company . 1401 passenger cars for the first time passing the 1,000 mark for the 1995 production of passenger cars - 2297, 1996 production of passenger cars - 3432, after three years of development, its strength has greatly strengthened its 1401 passenger cars for the first time passing the 1,000 mark for the 1995 production of passenger cars - 2297, 1996 production of passenger cars - 3432, after three years of development, its strength has greatly strengthened its .
currently, as of 2010 more than 40,000 vehicles, passenger car output has been in the profession and the first column,economic profit ranked the first, and the future of the company for further development and lay a solid foundation for the currently, as of 2010 more than 40,000 vehicles, passenger car output has been in the profession and the first column,economic profit ranked the first, and the future of the company for further development and lay a solid foundation for the .
Group Overview
Zhengzhou Yutong Group Co., Ltd (hereinafter referred to as" Yutong Group ") is a passenger car, engineering machinery, auto parts, real estate is a business strategy, alongside other investment business of large - scale enterprise group, headquartered in Zhengzhou Henan 2008, Yutong Group for the sixth consecutive year honoured at the National Bureau of Statistics released the" China Top 500 Enterprise Group ", Article 308 of the bit in the latest rankings, compared with the previous year, and went on to become the sole enterprise 2008, Yutong Group for the sixth consecutive year honoured at the National Bureau of Statistics released the" China Top 500 Enterprise Group ", Article 308 of the bit in the latest rankings, compared with the previous year, and went on to become the sole enterprise .
2008, Yutong Group sold passenger cars, construction machinery, special vehicle total 31667 station,than the 2007 growth of 28839m2 station 2828, grew by 9. 8%;and achieved a turnover of 140 billion yuan in 2007, 125. 88 billion, an increase of 90 billion, an increase of 12% enterprise scale, the sales performance in the industry continues to be ranked first enterprise scale, the sales performance in the industry continues to be ranked first .
2008 annual CO., LTD., ZHENGZHOU YUTONG COACH 27556 Group sales on a year - on - year growth of 8% Corporation core enterprise Zhengzhou Yutong Bus Co. Ltd. (hereinafter referred to as" Yutong Bus") is situated in the Zhengzhou Yutong Industrial Park, covers an area of 1,120,000m2, Nissan's manufacturing capacity by up to 120 or more, and has now grown to become the world's largest,most advanced technological conditions in the passenger car production base
company in 1997 and listed on the Shanghai Stock Exchange (hereinafter referred to as" Yutong Bus", the code of china), is the domestic coach industry the first listed company company in 1997 and listed on the Shanghai Stock Exchange (hereinafter referred to as" Yutong Bus", the code of china), is the domestic coach industry the first listed company . mainly in economic growth with more than a decade, ten consecutive years, ICBC's AAA credit rating mainly in economic growth with more than a decade, ten consecutive years, ICBC's AAA credit rating .
obtained in 2007, the company won the league in the world ", issued by the manufacturer of annual BAAV Marketing Award", and in 2002, 2005, 2006 Recipient of Annual BAAV faw. " Yutong took the lead in the domestic coach industry also has the title of "China Top Brand", "China Famous Trademark" Yutong took the lead in the domestic coach industry also has the title of "China Top Brand", "China Famous Trademark" .
were honoured in August 2006, Yutong, has been awarded the "national finished automobile export base enterprises", and by the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China in the special examination in the first to receive the People's Republic of China on Import and Export Commodity inspection exemption" were honoured in August 2006, Yutong, has been awarded the "national finished automobile export base enterprises", and by the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China in the special examination in the first to receive the People's Republic of China on Import and Export Commodity inspection exemption" . certificate in 2007, Yutong won the World Brand Lab) promulgated by the 2006 "China Brand Annual Award" (NO.)
1 July 2008, the Ministry of Science and Technology,State - owned Assets Supervision and Administration Commission and All - China Federation of Trade Unions jointly announced the first batch of "innovative enterprises" list, was among the first batch of Yutong wins the title, and also one of the industry to obtain such unique enterprise 1 July 2008, the Ministry of Science and Technology,State - owned Assets Supervision and Administration Commission and All - China Federation of Trade Unions jointly announced the first batch of "innovative enterprises" list, was among the first batch of Yutong wins the title, and also one of the industry to obtain such unique enterprise .
Scope Of Business
the products and related technology export business;for the production of the enterprise, required for the raw and auxiliary materials, mechanical equipment, instruments and meters, spare parts and related technology;Business enterprises of materials and drawings compensation trade;Buses and fittings, and accessories manufacturing;Bus chassis design, production and sales;machining, bus design and technical service;Motorcycles, motor vehicles and spare parts, accessories, mechanical and electrical products, Wujinjiaodian, general merchandise, chemical products (excluding inflammable, explosive hazardous chemicals) sales.cars and their parts and accessories;Automobile maintenance (limited to branches operated with permit);accommodation and catering services (limited to branches operated with permit);Ordinary freight;warehousing (except for flammable materials);Leasing;Tourism and service (Operate the requiring approval by the competent authority for approval to operate), enterprise informationization in the field of consulting, software development and sales, and service outsourcing business vouchers (limited to branches)
Enterprise Culture
Yutong values Chongde Yutong to Drake, carry forward virtues, to shape the moral character of Yutong Yutong values Chongde Yutong to Drake, carry forward virtues, to shape the moral character of Yutong . all the people shall be: to heart: good faith enterprise and Integrity;as a man of his word;work principle, the personhood has the bottom line;play fair, fair;respected colleagues, parents, love your family all the people shall be: to heart: good faith enterprise and Integrity;as a man of his word;work principle, the personhood has the bottom line;play fair, fair;respected colleagues, parents, love your family .
loyal thing: with the development of Qi Yutong, with Yutong - out;Through commitment, be afraid of losses;dedication, and courage;hardheaded, loyal thing: with the development of Qi Yutong, with Yutong - out;Through commitment, be afraid of losses;dedication, and courage;hardheaded, . Swift do: crisis, on guard against conceit and impetuosity;To broaden and advance with the times.for a breakthrough in adaptation of the environment;systems thinking, fast action
savvy industry: love, the finish line;In solving problems, overcoming difficulties in the matter of experiencing pleasure, the pursuit of excellence savvy industry: love, the finish line;In solving problems, overcoming difficulties in the matter of experiencing pleasure, the pursuit of excellence . Yutong emphasize collaborative team winning, encourage specialization based on the active collaboration of all the people shall be enhanced Yutong emphasize collaborative team winning, encourage specialization based on the active collaboration of all the people shall be enhanced .
Yutong: global heart: not the individual teams, overall, to oppose selfish departmentalism Yutong: global heart: not the individual teams, overall, to oppose selfish departmentalism . within worry: failing prior to self - reflect and find themselves, and against the attribution of responsibilities and within worry: failing prior to self - reflect and find themselves, and against the attribution of responsibilities and .
warmsteady: respect for others, seek common ground while reserving differences, and opposition to "self - centered" and "nice" phenomenon warmsteady: respect for others, seek common ground while reserving differences, and opposition to "self - centered" and "nice" phenomenon . initiative are: positive communication, taking initiative of cooperation, mutual help and timely supplementing of its function, delivering constructive opinions against passivity, against only questions or solve problems and initiative are: positive communication, taking initiative of cooperation, mutual help and timely supplementing of its function, delivering constructive opinions against passivity, against only questions or solve problems and .
service center:quick response demand collaboration, solve problems, avoid repeatedly, in opposition to the co - operative work is" helping "idea service center:quick response demand collaboration, solve problems, avoid repeatedly, in opposition to the co - operative work is" helping "idea . Dingxin Yutong, carry forward the spirit of innovation and inclusive mistake lay in, of all people should be Yutong: good accumulation: learn on the job and, by analogy, and shared a good study of Dingxin Yutong, carry forward the spirit of innovation and inclusive mistake lay in, of all people should be Yutong: good accumulation: learn on the job and, by analogy, and shared a good study of .
: willing to lonely, understand the problem, innovating technologies, methodologies and tools to more efficiently solve : willing to lonely, understand the problem, innovating technologies, methodologies and tools to more efficiently solve . good improvement in their focus - via finding the gaps, to a higher standard of achieving work objectives Optimizing good improvement in their focus - via finding the gaps, to a higher standard of achieving work objectives Optimizing .
Good: neither follow norms, but not all, is that the continuous optimization of the management system to create good Good: neither follow norms, but not all, is that the continuous optimization of the management system to create good .: Target - oriented, to strive for open innovation efforts in the field,a new road, create the new : Target - oriented, to strive for open innovation efforts in the field,a new road, create the new .
. selected performance goal of yutong group yutong: peacemaking Yutong brand, expand domestic and international markets, with global influence, focusing on diversification of the industrial Group selected performance goal of yutong group yutong: peacemaking Yutong brand, expand domestic and international markets, with global influence, focusing on diversification of the industrial Group .
bus business: the consolidation of China's first passenger car brand, has become the international mainstream bus vendor bus business: the consolidation of China's first passenger car brand, has become the international mainstream bus vendor . parts business: to boost business competitiveness, and developing the commercial vehicle industry with innovative technologies to build a professional parts supplier of engineering machinery business parts business: to boost business competitiveness, and developing the commercial vehicle industry with innovative technologies to build a professional parts supplier of engineering machinery business .
: strive to build a healthy portfolio, many fractionize market in one of the best engineering machinery manufacturing enterprise,gradually entered into domestic first army ranks : strive to build a healthy portfolio, many fractionize market in one of the best engineering machinery manufacturing enterprise,gradually entered into domestic first army ranks . real estate: residential in the project development, taking into account the business and office items, and follow - up to provincial cities, and will serve as the provincial first class enterprise of real estate enterprise idea real estate: residential in the project development, taking into account the business and office items, and follow - up to provincial cities, and will serve as the provincial first class enterprise of real estate enterprise idea .
Chongde Yutong to Drake, carry forward virtues, to shape the moral character of Yutong Chongde Yutong to Drake, carry forward virtues, to shape the moral character of Yutong . .
all the people should be positive to heart: good faith enterprise and Integrity;as a man of his word;work principle, the personhood has the bottom line;play fair, fair;respected colleagues, parents, love your family all the people should be positive to heart: good faith enterprise and Integrity;as a man of his word;work principle, the personhood has the bottom line;play fair, fair;respected colleagues, parents, love your family . loyal thing: with the development of Qi Yutong, with Yutong - out;Through commitment, be afraid of losses;dedication, and courage;hardheaded, loyal thing: with the development of Qi Yutong, with Yutong - out;Through commitment, be afraid of losses;dedication, and courage;hardheaded, .
Swift do: crisis, on guard against conceit and impetuosity;To broaden and advance with the times.for a breakthrough in adaptation of the environment;systems thinking, fast action savvy industry: love, the finish line;In solving problems, overcoming difficulties in the matter of experiencing pleasure, the pursuit of excellence in coordination with the emphasis on team winning savvy industry: love, the finish line;In solving problems, overcoming difficulties in the matter of experiencing pleasure, the pursuit of excellence in coordination with the emphasis on team winning .
Yutong, based on the specialization of encouraging the active collaboration of all the people shall be enhanced in Yutong Yutong, based on the specialization of encouraging the active collaboration of all the people shall be enhanced in Yutong . .
global heart: not the individual teams, overall, to oppose selfish departmentalism global heart: not the individual teams, overall, to oppose selfish departmentalism . within worry: failing prior to self - reflect and find themselves, and against the attribution of responsibilities and within worry: failing prior to self - reflect and find themselves, and against the attribution of responsibilities and .
entreprenant.Of: respect for others, seek common ground while reserving differences, and opposition to "self - centered" and "nice" phenomenon initiative are: positive communication, taking initiative of cooperation, mutual help and timely supplementing of its function, delivering constructive opinions against passivity, against only questions or solve problems and initiative are: positive communication, taking initiative of cooperation, mutual help and timely supplementing of its function, delivering constructive opinions against passivity, against only questions or solve problems and .
service center:quick response demand collaboration, solve problems, avoid repeatedly, in opposition to the co - operative work is" helping "idea service center:quick response demand collaboration, solve problems, avoid repeatedly, in opposition to the co - operative work is" helping "idea . Dingxin Yutong, carry forward the spirit of innovation and inclusive mistake lay in, of all people should be Yutong: good accumulation: learn on the job and, by analogy, and shared a good study of Dingxin Yutong, carry forward the spirit of innovation and inclusive mistake lay in, of all people should be Yutong: good accumulation: learn on the job and, by analogy, and shared a good study of .
: willing to lonely, understand the problem, innovating technologies, methodologies and tools to more efficiently solve : willing to lonely, understand the problem, innovating technologies, methodologies and tools to more efficiently solve . good improvement in their focus - via finding the gaps, to a higher standard of achieving work objectives Optimizing good improvement in their focus - via finding the gaps, to a higher standard of achieving work objectives Optimizing .
Good: neither follow norms, but not all, is that the continuous optimization of the management system to create good Good: neither follow norms, but not all, is that the continuous optimization of the management system to create good .: Target - oriented, to strive for open innovation efforts in the field, a new road,Creating Greater Achievements : Target - oriented, to strive for open innovation efforts in the field, a new road,Creating Greater Achievements .
organization building principle of Yutong's values and administering according to complete construction of the rule of law, implementing and administering organization building principle of Yutong's values and administering according to complete construction of the rule of law, implementing and administering . Yutong persist: Standardized Management: continue to improve the institutional, procedural and fine level, and avoid man - made as well as fluctuation risk, to promote a sustainable, steady and healthy development of Yutong persist: Standardized Management: continue to improve the institutional, procedural and fine level, and avoid man - made as well as fluctuation risk, to promote a sustainable, steady and healthy development of .
specifications combined with innovation: to standardize and perfect the innovation mechanism, innovation and promoting the specification level, for everyone to be passionate, vibrant organization specifications combined with innovation: to standardize and perfect the innovation mechanism, innovation and promoting the specification level, for everyone to be passionate, vibrant organization . combines responsibilities: the implementation of the law on the protection of the rights and responsibilities, in accordance with the law to grant and exercise their functions and powers according to law and create and allocate national interests, to achieve the best combines responsibilities: the implementation of the law on the protection of the rights and responsibilities, in accordance with the law to grant and exercise their functions and powers according to law and create and allocate national interests, to achieve the best .
and citizen, the harmonious combination of "method" is present,to complete the system standard behavior;"principle" as core, fairness, justice, honesty and management of the environment;"Love", to humane care and maintain the cohesion of the and citizen, the harmonious combination of "method" is present,to complete the system standard behavior;"principle" as core, fairness, justice, honesty and management of the environment;"Love", to humane care and maintain the cohesion of the . career goal, Yutong Group: peacemaking Yutong brand, expand domestic and international markets, with global influence, focusing on diversification of the industrial Group career goal, Yutong Group: peacemaking Yutong brand, expand domestic and international markets, with global influence, focusing on diversification of the industrial Group .
bus business: the consolidation of China's first passenger car brand, has become the international mainstream bus vendor bus business: the consolidation of China's first passenger car brand, has become the international mainstream bus vendor . parts business: to boost business competitiveness, and developing the commercial vehicle industry with innovative technologies to build a professional parts supplier of engineering machinery business parts business: to boost business competitiveness, and developing the commercial vehicle industry with innovative technologies to build a professional parts supplier of engineering machinery business .
: strive to build a healthy portfolio, many fractionize market in one of the best engineering machinery manufacturing enterprise,gradually entered into domestic first army ranks : strive to build a healthy portfolio, many fractionize market in one of the best engineering machinery manufacturing enterprise,gradually entered into domestic first army ranks . real estate: residential in the project development, taking into account the business, project office, follow - up to provincial cities, and will serve as the provincial first class enterprise real estate: residential in the project development, taking into account the business, project office, follow - up to provincial cities, and will serve as the provincial first class enterprise .
Yutong Real estate management philosophy. Its objective is to create a quality, comprehensive service and cost advantages of yutong products is a source of competitive advantage, and cultivate loyal customers, Yutong is the mission of the foundation, unceasingly enhance the staff's professional accomplishment which is the power of development of Yutong and and .
Yutong constitute the core competitiveness of editing this paragraph business management concept is customer - centered to customer success as the center,to create greater customer value, customer - center Yutong constitute the core competitiveness of editing this paragraph business management concept is customer - centered to customer success as the center,to create greater customer value, customer - center . instead of unconditionally meet and blindly pander, but keen insight and deeply the nature of the potential demand of the customer's needs to actively adapt to and efficiently guide the instead of unconditionally meet and blindly pander, but keen insight and deeply the nature of the potential demand of the customer's needs to actively adapt to and efficiently guide the .
to the customer as the center, the customer must maintain a strong sense of responsibility, creating value for customers, providing high - quality products and high standard of service, all the very best customer experience to the customer as the center, the customer must maintain a strong sense of responsibility, creating value for customers, providing high - quality products and high standard of service, all the very best customer experience . employee - centric and earnest humanity management to maximize the staff enthusiasm, initiative and creativity of the employees in employee - centric and earnest humanity management to maximize the staff enthusiasm, initiative and creativity of the employees in .
growth, success and talent of the stage;love life, to build a harmonious and happy home growth, success and talent of the stage;love life, to build a harmonious and happy home . insisted that the motors and power, opposed both simple task - oriented, and also of "nice" way of doing things;both, good service insisted that the motors and power, opposed both simple task - oriented, and also of "nice" way of doing things;both, good service .
policy formulation and implementation should be considered employees of the experience and feeling;the work should respect individuality and differences, and give full play to subjective initiative;Lead the team should pay attention to employee growth and progress policy formulation and implementation should be considered employees of the experience and feeling;the work should respect individuality and differences, and give full play to subjective initiative;Lead the team should pay attention to employee growth and progress . stakeholder value stakeholder value.
Prospect
. Its objective is to create a quality, comprehensive service and cost advantages of yutong products is a source of competitive advantage to Yutong has formed a 6 m to 25 m, covers the highway passenger transportation, tourism, public transportation, community, dedicated to buses to each subdivided market, gear and mid - grade products to provide complete, become the pronoun of luxurious top class coaches" Yutong has formed a 6 m to 25 m, covers the highway passenger transportation, tourism, public transportation, community, dedicated to buses to each subdivided market, gear and mid - grade products to provide complete, become the pronoun of luxurious top class coaches" .
CO., LTD., ZHENGZHOU YUTONG COACH MANUFACTURING CO., LTD. has been exported to Cuba, Russia, Iran, Saudi Arabia and Hong Kong, Macao and other overseas markets and guaranteeing the product quality and service guarantee overseas on the basis of long - term strategic layout, Yutong, has been achieved in the EU - WVTA Whole Vehicle Type Approval,began formally entering the European market and guaranteeing the product quality and service guarantee overseas on the basis of long - term strategic layout, Yutong, has been achieved in the EU - WVTA Whole Vehicle Type Approval,began formally entering the European market .
Yutong of China bus industry is the only established 4S 8 solely - invested enterprise of the central station, and the joint distribution of the country of more than 500 service stations, to cover the county - level cities of service outlets, the radius will be reduced to 90 kilometers, guaranteeing to provide customers with better service and maintenance level Yutong of China bus industry is the only established 4S 8 solely - invested enterprise of the central station, and the joint distribution of the country of more than 500 service stations, to cover the county - level cities of service outlets, the radius will be reduced to 90 kilometers, guaranteeing to provide customers with better service and maintenance level . as the first Chinese passenger car brand, Yutong Bus undertook many important meetings, activities, car task as the first Chinese passenger car brand, Yutong Bus undertook many important meetings, activities, car task .
2009, Yutong is the 60th anniversary parade, the only transportation guarantee service team, people with student squads, floats and other contents of the bus companies,And made his debut for the club international - level official meeting, the Forum on China - Africa Cooperation (FOCAC) ".In 2008, about 2,600 vehicles Yu opened the Olympic line and a commuter service;Besides, Yutong still has successfully served the Asia Cup, the National Games, the Golden Rooster and Hundred Flowers Film Festival and other large events, activities, and services of the national committee of the People's Republic of China on the Administration of Tax Collection and the National Congress of the Communist Party, the vehicle's excellent performance won the public praise of after many years' development, Yutong Bus of enterprises comprehensive strength ranks first in the industry, and have formed unique to "Chongde, collaborative, Dingxin" values, "customer - centric, an employee - centric" management and administration idea as the core of enterprise culture and advanced management concept: - a market - oriented, regard customer as the center, performing product research and development,have the first "Postdoctoral Research Station and the National Development and Reform Commission jointly authenticated by five ministries and industry's first" state - level technology center ", as well as building the world's only dedicated passenger cars to study the effects of the test center, a global leader in vehicle cathode electrophoresis production lines and internationally advanced level of the chassis shop, had been taken as regards products of the process of design and standards to ensure the ability of the after many years' development, Yutong Bus of enterprises comprehensive strength ranks first in the industry, and have formed unique to "Chongde, collaborative, Dingxin" values, "customer - centric, an employee - centric" management and administration idea as the core of enterprise culture and advanced management concept: - a market - oriented, regard customer as the center, performing product research and development,have the first "Postdoctoral Research Station and the National Development and Reform Commission jointly authenticated by five ministries and industry's first" state - level technology center ", as well as building the world's only dedicated passenger cars to study the effects of the test center, a global leader in vehicle cathode electrophoresis production lines and internationally advanced level of the chassis shop, had been taken as regards products of the process of design and standards to ensure the ability of the .
- from a source for raw material quality strictly, emphasize the quality of products, establish the whole process of quality control supervision system in 2004,Yutong passed the certification by the German Company Limited (DQS) issued by the ISO / TS16949: 2002 quality management system authentication - from a source for raw material quality strictly, emphasize the quality of products, establish the whole process of quality control supervision system in 2004,Yutong passed the certification by the German Company Limited (DQS) issued by the ISO / TS16949: 2002 quality management system authentication . This is the first domestic bus enterprise of this authentication, marked the beginning of the bus industry represented by Yutong in quality management aspects with the international joint This is the first domestic bus enterprise of this authentication, marked the beginning of the bus industry represented by Yutong in quality management aspects with the international joint .
; make full use of various information technology to improve the internal management level and ; make full use of various information technology to improve the internal management level and . Yutong Bus from 1994 to the beginning of construction contract management system, and in compliance with the overall planning, phased implementation "of the principle, has implemented the ERP, PDM, KOA, CRM, SRM system and the like,comprehensive integrated technical, production, supply, sale, sale, finance, quality inspection, warehousing, office, business personnel, etc., a leading domestic enterprise information management level and submit the epitaxial expands on and apply
"to create more value for money" of the brand concept, "to consolidate China's first passenger car brand, has become the international mainstream bus vendor" is devoted to co - operate more closely adhere to "customer - centric, an employee - centric" management philosophy, growing national industry, which leads the development of the industry, and through partnership and win - win, create value for customers, which in turn benefits society, thriving enterprises,wealthy employees, shareholders and management ideas with "to create more value for money" of the brand concept, "to consolidate China's first passenger car brand, has become the international mainstream bus vendor" is devoted to co - operate more closely adhere to "customer - centric, an employee - centric" management philosophy, growing national industry, which leads the development of the industry, and through partnership and win - win, create value for customers, which in turn benefits society, thriving enterprises,wealthy employees, shareholders and management ideas with . Yutong. Its objective is to create a quality, comprehensive service and cost advantages of yutong products is a source of competitive advantage, and cultivate loyal customers, Yutong is the mission of the foundation, unceasingly enhance the staff's professional accomplishment which is the power of development of Yutong
and and . Yutong constitute the core competitiveness of customer - centric to the success of its customers as the center, to create greater customer value, customer - center Yutong constitute the core competitiveness of customer - centric to the success of its customers as the center, to create greater customer value, customer - center .
instead of unconditionally meet and blindly pander, but keen insight and deeply the nature of, and potential demand,Implementation of customers' needs, and actively adapt to effectively guide the instead of unconditionally meet and blindly pander, but keen insight and deeply the nature of, and potential demand,Implementation of customers' needs, and actively adapt to effectively guide the . to the customer as the center, the customer must maintain a strong sense of responsibility, creating value for customers, providing high - quality products and high standard of service, all the very best customer experience to the customer as the center, the customer must maintain a strong sense of responsibility, creating value for customers, providing high - quality products and high standard of service, all the very best customer experience .
employee - centric and earnest humanity management to maximize the staff enthusiasm, initiative and creativity of the employees in employee - centric and earnest humanity management to maximize the staff enthusiasm, initiative and creativity of the employees in . growth, success and talent of the stage;love life, to build a harmonious and happy home growth, success and talent of the stage;love life, to build a harmonious and happy home .
insisted that the motors and power, opposed both simple task - oriented, and also of "nice" way of doing things;both, good service insisted that the motors and power, opposed both simple task - oriented, and also of "nice" way of doing things;both, good service . policy formulation and implementation should be considered employees of the experience and feeling;the work should respect individuality and differences, and give full play to subjective initiative;Lead the team should pay attention to employee growth and progress policy formulation and implementation should be considered employees of the experience and feeling;the work should respect individuality and differences, and give full play to subjective initiative;Lead the team should pay attention to employee growth and progress .
stakeholder value "Yutong commitment and win - win partners and partners with mutual assistance and win - win development of the industry value chain stakeholder value "Yutong commitment and win - win partners and partners with mutual assistance and win - win development of the industry value chain . synergies to create value for customers and customer - centric, improving response time and improve product quality and service, create the best customer experience synergies to create value for customers and customer - centric, improving response time and improve product quality and service, create the best customer experience .
benefit society grow national industries, a good corporate citizen by benefit society grow national industries, a good corporate citizen by . wealthy employees and employee - centric, with a view to building a career development platform, to help the employee achieving life ideals wealthy employees and employee - centric, with a view to building a career development platform, to help the employee achieving life ideals .
to shareholders by balancing the interests of shareholders long - and short - term interests, foster the parties of capital market reputation to shareholders by balancing the interests of shareholders long - and short - term interests, foster the parties of capital market reputation . END END.
Enterprise Honor
national industrial tourism demonstration sites and a national technology center, China's top 500 IT (application) products, exports of base, in 2007 China's top 500 brands of certificate, 2005 China Effie Award in 2007, the China Automotive Service Brand stars - star enterprise, 2006 Top 100 Listed Companies in the certificate of return, the most competitive brand on market, export inspection exemption certificatesnational industrial tourism demonstration sites and a national technology center, China's top 500 IT (application) products, exports of base, in 2007 China's top 500 brands of certificate, 2005 China Effie Award in 2007, the China Automotive Service Brand stars - star enterprise, 2006 Top 100 Listed Companies in the certificate of return, the most competitive brand on market, export inspection exemption certificates.
Securities Information
Stock Exchange under the stock code of china for short Yutong Buses category listings - sites on Shanghai's old code of china, lists its administrative name - change of the status and reasons for the new listing date change 1997 - 05 - 08 referred referred change change Yutong Bus date: 2006 - 10 - 09 ZHENGZHOU YUTONG referred to as G change date 2006 - 03 - 06 industry changes into the transportation equipment manufacturing industry change date 2000 - 07 - 20Stock Exchange under the stock code of china for short Yutong Buses category listings - sites on Shanghai's old code of china, lists its administrative name - change of the status and reasons for the new listing date change 1997 - 05 - 08 referred referred change change Yutong Bus date: 2006 - 10 - 09 ZHENGZHOU YUTONG referred to as G change date 2006 - 03 - 06 industry changes into the transportation equipment manufacturing industry change date 2000 - 07 - 20.
The Prediction Mechanism
the estimated range of investigators gave the highest valuation: 17.00 near their lowest valuation: 15. There are 88 80 industry rating agencies Yutong Bus belongs to automobile manufacturers industry issued a research report, which gave the industry - leading market rating of 17 profit forecast Yutong Bus current analysts' consensus expects its 2009, 2010, 2011 EPS was 0. 80 yuan, 0.91 yuan and 1 yuan, and profits from the previous consensus expectations of up - regulated 1 month 16. 56%;Yutong Bus invests ratings over the last three months there were a total of 27 articles research report, which is given with a buy rating of 9, overweight rating is 15), or a neutral rating is 3, 0, 0 is a sell rating on the Discourse;If the comprehensive rating analyst with dynamic memory chips was (11. 45) rating, the current analyst confidence index is 0, an analyst's Yutong Bus investment sentiment
and PE and Yutong Bus historical price - earnings ratio for the 5 times to 65 times the current price - earnings ratio of 15, the current value is somewhat underestimate and PE and Yutong Bus historical price - earnings ratio for the 5 times to 65 times the current price - earnings ratio of 15, the current value is somewhat underestimate . 2008 PE in a PE company all listed from low to high sort of front 5. 2%, at a low position, and in 2009 the consensus expectations of PE in all listed companies forecast profit of PE from low to high, and the top 12. 6%, was found to be at a low position 
Financial Data
the income trends of the latest release (2009 - 09 - 30) LTD., ZHENGZHOU YUTONG COACH MANUFACTURING CO., LTD. in the third quarter 2009 revenues 58. 33 billion yuan, representing a decline of 1.29% profitability trends and latest release (2009 - 09 - 30) Yutong Bus in 2009 and achieved the net profit of 1.41 billion yuan (basic earnings per share of 6500 yuan), a year - on - year drop of 15%
Financial Analysis
Yutong Bus targets of scale growth in the past three years the average sales growth rate of 33. 66%, of all the companies in the ranking (399 / 1710), which are the of the automobile manufacturers industry ranking of 4 / 21, the epitaxial - growth better EPS growth Yutong Bus past EPS growth is 19. 44%, of all the companies in the ranking (683 / 1710), which are the of the automobile manufacturers industry ranked as 8 / 21, Firm Growth
reasonable profitability indicators, ZHENGZHOU YUTONG COACH MANUFACTURING CO., LTD. over the past three years the average growth rate of profitability for 44. 83%,In all of the listed company (550 / 1710), in which the automobile manufacturers industry ranking is (8 / 21) .
reasonable profitability EPS stability Yutong Bus past EPS stability in all listed companies ranking (655 / 1710), which are the of the automobile manufacturers industry rankings for 21 / 4 reasonable profitability EPS stability Yutong Bus past EPS stability in all listed companies ranking (655 / 1710), which are the of the automobile manufacturers industry rankings for 21 / 4 . stabilizing the management good stabilizing the management good .
Position Structures On U
Yutong Bus in the past year, shareholders of households showed an increasing trend, the mechanism to reduce the proportions of open interests of Yutong Bus in the past year, shareholders of households showed an increasing trend, the mechanism to reduce the proportions of open interests of . 's latest quarterly results show that an average strand reduction mechanism positions the latest 's latest quarterly results show that an average strand reduction mechanism positions the latest .
40. 10%, the portion of the mechanism for the company's vision of the project, and the position - regulated 2. 80%
Investment Highlights
1. the company main products are medium - sized buses, wherein large buses constitute more than half of sales, the company with an annual production capacity of 12000 6000 complete vehicles and bus chassis CK6891D12 in production capacity, as Asia's biggest passenger car production enterprise. The company was identified as the first batch of high - tech enterprise in Henan Province in 2008, according to relevant provisions, the company obtained the recognition of hi - tech enterprises within three years (including 2008), the company enjoys tax rate of 10 per cent discount, i.e., the income tax of 15 percent levied in proportion to the 3. company in the first three quarters of 2009 the main financial indicators: per share.($6,500), net assets per share 3. 6515 (meta -), net assets yield 17. 77%, operating income 5832802762. 3700 (yuan), a year - on - year increase and decrease of - 1. 2908%; net profit for shareholders of the listed company of 337409156. 73 (yuan), a year - on - year decrease - 15. 4%
2024. 2008 annual profit distribution scheme for the Company is: for every 10 shares to 6 yuan (including tax) to shareholders of record on : May 14, 2009, the ex - dividend: May 15, 2009, the cash dividend distribution date: May 22, 2009 : May 14, 2009, the ex - dividend: May 15, 2009, the cash dividend distribution date: May 22, 2009 .
5.the controlling shareholder of the Company, Zhengzhou Yutong Group Co., Ltd. on Oct. 31, 2009 to July 7, through the secondary market, has bought the shares of the company 441. 0881 holdings of shares for the first time since, Yutong Group accumulated holdings of shares 778. 555 shares, the total share capital of 1. 6%
498. the controlling shareholder of the company, Yutong Group and Arvin Meritor signed a strategic cooperation agreement ArvinMeritor, Yutong Group will be to provide a power transmission system and the foundation brake parts for Yutong Bus and its Chassis Parts Production ArvinMeritor, Yutong Group will be to provide a power transmission system and the foundation brake parts for Yutong Bus and its Chassis Parts Production .
7. in the first 11 months of the year, the company's total completed 2. 41, up from a year ago - - 48% 8. During the first half of 2015 Yutong Bus 103 realizes a business revenue of 2.87 billion yuan, a year - on - year growth of 42%, total vehicle sales 24079 on a year - on - year growth of 2. 95%, wherein the new energy buses 3645 sales on a year - on - year growth is 102. 7%
3 3.
Investment Advice
comprehensive investment advice: Yutong Bus (china) comprehensive score is indicative of a preferred stock investment value, using a comprehensive valuation of the stock's valuation range in 23. 51 - 25. 86 yuan, the shares are currently undervalued in region, can safely hold 12 step assessment value investment advice: comprehensive of the 12 - step for the company's assessment, the preferred stock investment value, it is recommended you for the involvement of the attitude of the 12 step assessment value investment advice: comprehensive of the 12 - step for the company's assessment, the preferred stock investment value, it is recommended you for the involvement of the attitude of the .
rating industry investment advice: Yutong Bus (china) belongs to the automobile manufacturing industry, the industry investment value, this industry was the top - 20 rating industry investment advice: Yutong Bus (china) belongs to the automobile manufacturing industry, the industry investment value, this industry was the top - 20 . growth quality rating investment advice:Yutong Bus (china) growth ability is poor, with little development potential over the next three years, the Unit's ability to grow the total ranked 956, industry growth ability were 13th in the name of the growth quality rating investment advice:Yutong Bus (china) growth ability is poor, with little development potential over the next three years, the Unit's ability to grow the total ranked 956, industry growth ability were 13th in the name of the .
rating and profit forecast: Yutong Bus (china) said it expects 2009 earnings per share of $0.92 yuan, 2010 earnings per share of $1. 09, 2011 earnings per share of $1. 27 yuan, and the current target share price is 23 yuan RMB, the investment rating is buy 1 1.
Brief Introduction Of Model
Highway Passenger Transport
ZK6146H product features tall bold outline below, is also elegant and showily containing intrinsic ZK6146H product features tall bold outline below, is also elegant and showily containing intrinsic . 12. 5 trillion cubic feet of extra - large boot, challenges the capacity limit, may be one way to improve the freight capacity of 47%;standard disc brakes, ABS, ASR, etc. of electronic active safety equipment, greatly improving the safety of the vehicle;The European Technology of Full gasbag air suspension, the ride was very comfortable, effective to alleviate the fatigue of a passenger journey
deluxe interior trim, new style, a comfortable ride;Imports of CAN bus, a hard disc recorder, a high - quality audio - visual systems and a comfortable journey.Deluxe Seat, bring a breeze feeling;in - car uses environmentally friendly materials, there is the new wind is more comfortable in the application of science, from everywhere to take care of the details of the passenger comfort, thoughtful care everywhere drive zone configuration mainly from Europe, nearly all of the assembly of high - quality, safe, better economy drive zone configuration mainly from Europe, nearly all of the assembly of high - quality, safe, better economy .
deluxe interior trim, new style, a comfortable ride;Imports of CAN bus, a hard disc recorder, a high - quality audio - visual systems and a comfortable journey.Deluxe Seat, bring a breeze feeling;in - car uses environmentally friendly materials, there is the new wind is more comfortable in the application of science, from everywhere to take care of the details of the passenger comfort, thoughtful care everywhere drive zone configuration mainly from Europe, nearly all of the assembly of high - quality, safe, better economy drive zone configuration mainly from Europe, nearly all of the assembly of high - quality, safe, better economy .
urban configuration information:for proclaimed vehicle models ZK6146HB9ZK6146HB9ZK6146HC9ZK6146HC9 engine Model WP12. 400NP11C - URWP12. 400NP11C - UR may be under - rated high school bulletin king king high king king Gao Gao level seats 61 161 + 1 + 1 + 1 + 1 + 163 + (65) in the door without Wei + 1 + 1 (in the door without Wei) parameters: shape (mm): 13670x2550x3955 kerb mass (kg):17500 Fuel Economy Test (sulzer) (L): 25 DECK (m3): 12.5 (halfbacks) in the door, 13. (5) in the door with the highest vehicle speed (km / h): 120 ground clearance (mm): 200 / chassis configuration parameter: the chassis manufacturer: Yutong full - bearing clutch: Saxophone MFZ430 pull - type, hydraulically actuated remotely, having a gas - assisted transmission: Fast - speed manual transmission synchronizer, the imports of double cable short rod shifting system for a brake system of the twin circuit air brake, spring actuated expired parking brake,imported ABS + ASR, a disc brake, Voith hydraulic retarder suspension system: 2 + 4 + 2 of the airbag, the double - acting hydraulic shock absorber, front and rear suspension with stabilizer tire: 295 / 80R22.5 tubeless radial tires Michelin other: Body Configuration: seats: 25 - 69 tank: 400 standard seat: 61 + 1 + 1 structure body: Yutong full - bearing vehicle body interior: soft interior, reading lamp with air - conditioning outlet, the cloth - hanging curtain rack: Integral rack within the air conditioning system:non - independent type air conditioner (refrigerating capacity 38000kcal / h), the driver of a single air cooler to the compressor inlet heating system of an independent eight - hanging radiating heating (heating capacity 30000kcal / h), the drive zone warmer audiovisual systems: HD audio (high configuration), the former top 19, the fixed LCD HD color screen in rear shelf 1 below the gate 19 'is fixed to the LCD HD color screen of the wireless microphone service facilities: Electronic clock, inside and out in the temperature of the display board, drinking fountain, in the case of a squat toilet, Yutong dedicated CAN bus (fuel consumption display) with other facilities:ventilator with wind, with a window, the section on the basic version, the sunshade curtain, decorative wheel covers, engine compartment and automatic fire extinguishing bullet, imported metal surface paint
Urban Bus
ZK6120NG1 appearance quality, unique style of design and technology innovation are the perfect junction station of the Chinese Academy of Sciences / ZK6120NG ZK6110NG series mature nobility, staid image of the atmosphere and the aesthetic design and dynamic qualities ZK6120NG1 appearance quality, unique style of design and technology innovation are the perfect junction station of the Chinese Academy of Sciences / ZK6120NG ZK6110NG series mature nobility, staid image of the atmosphere and the aesthetic design and dynamic qualities . the perfect combination of the delightful and energetic as charismatic the perfect combination of the delightful and energetic as charismatic .
interior The interior refreshing and comfortable, with color coordination, design style, simple, elegant, plump shape, reasonable layout, bring more spacious interior and more of a chance ride interior The interior refreshing and comfortable, with color coordination, design style, simple, elegant, plump shape, reasonable layout, bring more spacious interior and more of a chance ride . ● tentacle to handrails throughout the car sufficiently to enable convenient passenger is in,beautiful ● tentacle to handrails throughout the car sufficiently to enable convenient passenger is in,beautiful .
● standing room area, a large number of suitable transport peak ● standing room area, a large number of suitable transport peak . parameter configuration information models: for proclaimed vehicle models ZK6110NG1 NQ160N4 NQ180N engine type / grade of seats when main parameters: shape (mm): 10530x2500x3200 busw (to) / to (3300 / 3500 (air conditioning) to the cylinder) kerb mass (kg): fuel consumption (the rated) (L): the luggage bin (m3): the highest vehicle speed (km / h): 69 ground clearance (mm):Chassis parameter / configuration: chassis manufacturer: Zhengzhou Yutong Bus Co., Ltd., a clutch: transmission: Domestic manual mechanical 5 + 1 gear, flexible shaft drawing type operating brake system: suspension system: the front steel plate spring 3, as shown in FIG. 4, dual - acting hydraulic shock absorber tyres: Other: Body Configuration: seats: 32 - 32 of the tank: the standard seat: 32 - seat bus seat, adjustable mechanical driver chair body structure: the body trim: rack: air conditioning system: Heating Systems: audiovisual system: Services and facilities:Other facilities: Baoding nephews: hybrid experience Yutong buses 2013 - 11 - 25 left, looking back to the station in neatly parked Yutong, energy saving and new energy coach, Suddenly, I find that it was not in the know have been cleared up, smog has been dissipated, sunshine is aspersed in the brand - new Yutong, energy saving and new - energy passenger vehicles, the front part of the Yutong symbolizes the three arc identification at this time more clear sparkling sunshine
Read full bus driving contest closed Yutong buses; and hybrid energy saving Yangtze Bus" Yutong cup "start - up of the fine management, customer - oriented service model bus diplomacy and trade in the honeymoon continued replacement yellow mark of Huizhou 25 Yutong bus station of new energy bus 12 months" on smog imminent Baoding Yutong bus priority transit their love in front of the vehicle is an excellent basis for parsing the Tianjin public transit model in Meishan is adding some 28 units of Yutong air - conditioned buses 40 hybrid cars, Yutong Bus" married "Zhengzhou Yutong bus transportation energy conservation, environmental protection and new energy bus" - - that's all" green oldOrange relieving service you get more support from the perfection of the system, quick and considerate services to co - operate more closely to provide you with technical training.From before sales during sales and after sale of Omnibearing intimate service,More leading the dense service network, to less than 90 km of Citywide, make services more responsive, to you the support of more powerful sound dense network of service centers and eight 4S center, nearly 700 service outlets, more than 100 accessories center library sound dense network of service centers and eight 4S center, nearly 700 service outlets, more than 100 accessories center library .
400 round - the - clock telephone service platform Yutong service hotline 400 - 659 - 6666, fixed telephone and mobile phone can dial the 24 - hour, powerful, highly efficient and rapid service 400 round - the - clock telephone service platform Yutong service hotline 400 - 659 - 6666, fixed telephone and mobile phone can dial the 24 - hour, powerful, highly efficient and rapid service . sound dense network of service centers and eight 4S center, nearly 700 service outlets,More than 100 Parts Center library sound dense network of service centers and eight 4S center, nearly 700 service outlets,More than 100 Parts Center library .
400 round - the - clock telephone service platform Yutong service hotline 400 - 659 - 6666, fixed telephone and mobile phone can dial the 24 - hour, powerful, highly efficient and rapid service 400 round - the - clock telephone service platform Yutong service hotline 400 - 659 - 6666, fixed telephone and mobile phone can dial the 24 - hour, powerful, highly efficient and rapid service . 400 round - the - clock telephone service platform Yutong service hotline 400 - 659 - 6666, fixed telephone and mobile phone can dial the 24 - hour, powerful, highly efficient and rapid service 400 round - the - clock telephone service platform Yutong service hotline 400 - 659 - 6666, fixed telephone and mobile phone can dial the 24 - hour, powerful, highly efficient and rapid service .
