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Zhongtong Bus: 615 units sold in January, up 4.41% year-on-year

Zhongtong Bus: 615 units sold in January, up 4.41% year-on-year

Jiwei Network News (Wen/Wu Jiaxi) On February 8, Zhongtong Bus released january automobile production and sales data showing that the output of 516 vehicles in January 2022, down 22.41% year-on-year; sales of 615 vehicles, an increase of 4.41% year-on-year. Among them, the output of large buses decreased by 8.71% year-on-year, the output of medium-sized buses decreased by 42.21% year-on-year, and the output of light buses and logistics vehicles decreased by 20.79% year-on-year; in addition, the sales of large buses decreased by 3.95% year-on-year, the sales of medium-sized buses decreased by 25.66% year-on-year, and the sales of light buses and logistics vehicles increased by 35.41% year-on-year.

Zhongtong Bus: 615 units sold in January, up 4.41% year-on-year

It is worth noting that Zhongtong Bus expects a net loss attributable to shareholders of listed companies of about 174 million yuan to 230 million yuan in 2021, turning from profit to loss. Basic EPS loss -0.3888 to –0.294. For the main reasons for the change in performance, Zhongtong Bus said that the bus industry continued to decline, competition intensified, raw material prices continued to rise, and profit margins decreased, resulting in a sharp decline in the operating performance of Zhongtong Bus in 2021.

It is reported that Zhongtong Bus actively improves the supply chain system, and the main brands of purchased parts and components are Weichai, Fast, Hand, Ningde Times, Jingjin, Baosteel, Hikvision, Fuyao, Changjiang and other well-known domestic brands, as well as Cummins, ZF, WABCO, Knorr-Bremse, Michelin, Bridgestone, Allison, Voith, Continental, Aksu, PPG and other international well-known brands.

At the same time, Zhongtong Bus has also developed its own parts industry, the main components are air conditioning, seats, some interior parts, full-load frame and other products. (Proofreading/Andy)

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