On January 5, 2022, Yutong Bus disclosed the production and sales data express for December 2021. The data shows that in 2021, Yutong Bus produced a total of 42,065 vehicles, an increase of 0.2% year-on-year, and the cumulative sales of 41,828 vehicles, an increase of 0.17% year-on-year.
As of January to November this year, the downward trend of China's bus market is obvious, the cumulative sales of large buses are only 40,000, down 17% year-on-year, the cumulative sales of medium-sized buses are 39,000 units, down 1.3% year-on-year, as a leading enterprise in the industry, Yutong Bus is still stable and steady in the case of a bad market trend throughout the year, and the overall production and sales are slightly higher than last year.
We look at the 2021 semi-annual report data show that Yutong Bus achieved a cumulative sales of 20,588 buses in the first half of the year, an increase of 38.19% year-on-year, and at the beginning of the second half of the year, due to the continuous recurrence of the new crown pneumonia epidemic in various places, it has brought more serious impacts on travel and tourism, bringing new challenges to the bus market.
In the past month, Yutong has delivered a number of large batches of new energy buses, ending its 2021 year.
On December 10th, Yutong Group and State Power Investment Fuel Cell Products Batch Delivery and Strategic Cooperation Signing Ceremony was held, and a total of 100 Yutong hydrogen fuel cell buses began to be delivered one after another, serving Beijing Yanqing District and helping the 2022 Winter Olympics. Fuel cell is one of the key development directions of the country, as one of the advantages of Yutong products, it is expected to become its new profit growth point.
On December 17, 741 "Yutongzao" race service cars that had undergone rigorous testing departed from Zhengzhou and traveled along the maritime "Silk Road" to Qatar. In the context of the epidemic affecting the global economy, Yutong bus overseas market has increased significantly year-on-year, in addition to Qatar, Kazakhstan, Mexico, Denmark, New Zealand and other overseas markets are also orders, the development of overseas brands also help Yutong bus in 2021 overseas market ushered in continuous breakthroughs.
