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Both in August and the same period of the previous quarter, the number of buses in Yutong increased significantly.
In August, Yutong ’s total sales volume was 2,450 units, up 64% year-on-year and 48% month-on-month. In August this year, it was only lower than the 2,889 units in June. The sales volume picked up significantly, which is in line with Yutong’s expectations.
Sales growth of large, medium and light passengers was 43%, 119%, and 12% year-on-year, respectively, and Zhongke was the main driver of sales growth, accounting for 69% of the year-on-year increase. Yutong company is currently determine the cause downstream highway passenger transport market faster recovery, but there are some special factors affecting the (Olympic) 2008 highs Bus Market (which are mostly large passenger cars), in 2009 the corresponding year weak performance.
The sales volume reached Yutong 's expected value for the whole year without any problems.
The company’s full-year sales for 2009 were 27,087 units, and the cumulative sales volume for August was 15,464 units. It reached the expected value of Yutong’s company in September-December and achieved sales of 2,906 units.
According to the order of the company, the sales volume in September may be close to 3,000. In November and December, the sales volume generally exceeded 3,000 (especially in December will be significantly higher than other months). After Q3 this year, the large and medium bus industry will basically revert to In the industry trend line, it is expected that the company's sales in November and December will not be lower than the historical average, that is, it will exceed 3,000 vehicles. In the remaining 4 months, only October sales due to National Day holiday will be lower, but Yutong Company does not expect the completion of the expected value.
In 2010, the industry will continue to benefit from the recovery and the updated demand brought by the World Expo and the National Games.
Sales volume of the large and medium bus industry basically returned to the industry trend in the second half of 2009, especially after Q3, which will bring rapid sales growth in the first half of the 10th year; the Expo and National Games to be held in Shanghai and Guangzhou in 10 years may also increase related And the need for bus purchases in neighboring cities. The company's rapid growth in 2010 is still guaranteed.