The growth history of China Yutong buses

In 1963, Zhengzhou Bus Repair Factory was established. As the first bus manufacturing enterprise in Henan Province, it produced the JT660 long - distance bus in the same year. The products mainly imitated European and American buses. In 1985, the repair factory was renamed Zhengzhou Bus Factory and gradually transformed from vehicle repair to bus production. In 1987, a professional bus research institute was established. In 1993, Zhengzhou Yutong Co., Ltd. was founded and an enterprise management system was introduced. In 1997, it was listed on the Shanghai Stock Exchange, becoming the first listed bus company in China. In 2000, Yutong established a professional research workstation. In 2012, Yutong began to lay out its new - energy bus business. In 2018, its intelligent buses became the benchmark for industry intelligence. In 2020, a large number of new - energy buses were exported, and a global layout was carried out. In 2024, a large amount of research and development funds were invested. The cumulative sales of Yutong new - energy buses exceeded 120,000 units, ranking first in the global sales volume. Yutong's growth history is not only the transformation of the enterprise itself from a local repair factory to a global leader, but also witnesses the rise of China's bus industry from following the technology to leading the world.