Yutong awarded CCTV Pride of China

The results of 2010 Chinese Brand Release of the Year came out on December 8, 2010. With the achievements in respect of innovative technology, R&D, overseas markets, etc., Yutong was awarded Pride of China , which is also the only one in China s bus industry, once again representing the strength of China s No.1 bus brand.

It is learned that this event is jointly held by authoritative organizations like CCTV (China Central Television), Ministry of Commerce, SAIC, AQSIQ, Consumer Federation of China, etc., aimed to record and witness the development process of China s famed brands, find out the leading brands in different sectors, thus showcasing the national image and influence to the world.

Along with the development of Chinese economy, China s bus market also sees rapid growth in recent years. As the representative of China s bus industry, Yutong s remarkable strength contributes to its powerful technical strength, R&D team with high qualification, advanced management level and superior quality of products.

Meanwhile, Yutong is actively exploring the overseas markets based on self-led technical innovation and differentiated strategy. Up to now, the sales volume of Yutong s large and medium-sized buses has entered the global top 5 in the bus sector, ranked second in the world, only next to that of Mercedes-Benz.

Owning the largest single plant of bus manufacturing throughout the world and along with the export expansion in the overseas markets, Yutong is playing an increasingly important role in the international arena.

Yutong s products have been exported to many countries and regions, like Cuba, Russia, Venezuela, Saudi Arabia, Iran, Algeria, Ghana, Angola, etc., covering South America, CIS, Middle East, Asia-Pacific, Africa and Europe areas. From 2007 to 2009, Yutong has delivered 5,348 buses to Cuba with total value of 370 million US dollar, creating a new record in the export of Chinese automotives. So far, Yutong s market share in Cuba reaches over 98%.

"I m very honored to get the award Pride of China . As one of the first batch Innovative Enterprises in China, Yutong is always pursuing the guideline of creating values for the society based on consistent innovation. In the future, Yutong will continue to take the innovation as its core competency, leading the development of China s bus industry and contributing to the revitalization of national industry, said Wang Wenbing, the vice GM of Yutong.