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On January 30, the reporter learned from the Yutong Group that, in 2011, Yutong's large and medium-sized buses, construction machinery, and special-purpose vehicles sold a total of 52,316 units, realized sales of 25.858 billion yuan, and realized a pretax profit of 2.39 billion yuan.
Tang Yuxiang, president of Yutong Group, said that the Yutong Group's 2012 business goal is to exceed 30 billion yuan in sales.
According to industry insiders, Yutong sold a total of about 2,500 school buses last year. According to the purchase trend of school buses, the Yutong School Bus's conservative sales this year will not be less than 5,000. Compared with buses, school buses can be described as a profitable model in the bus industry. Once Yutong Company firmly grasps the domestic school bus market, it means that school bus sales will become Yutong's new profit growth point this year.
This year, Yutong will launch hybrid city buses from 10 to 18 meters and pure electric city buses of 7 to 14 meters; in 2015, it will achieve full coverage of market energy-saving and new energy bus products. The energy-saving and new energy bus base with a capital of 2.435 billion yuan will occupy more than 1,000 acres. After it is put into use, it will have a power system test bed for new energy buses, a hardware-in-loop simulation test bed, a vehicle power system test bed, and an auxiliary system test bed. Research and development equipment such as electric vehicle charging stations have comprehensively improved the research and development level of Yutong energy-saving and new energy buses. The base is expected to be completed and formally put into operation in October 2012, which will bring the company's annual production capacity of 10,000 buses.