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Sugon's vehicle sales in February were 173 units, down 66.08% year-on-year.

Sugon's vehicle sales in February were 173 units, down 66.08% year-on-year.

Jiwei Network News (Wen/Wu Jiaxi) On March 8, Sugon issued an announcement that the vehicle production in February was 160 units, down 73.29% year-on-year; vehicle sales were 173 units, down 66.08% year-on-year. In terms of new energy buses, Sugon produced 47 units in February.

Sugon's vehicle sales in February were 173 units, down 66.08% year-on-year.

It is worth noting that on March 4, Shuguang Co., Ltd. issued an announcement that recently, the company's holding subsidiary Dandong Huanghai Automobile Company won the bid in the 100 10.5-meter pure electric air-conditioned buses and 23 11-meter tourism modeling pure electric air-conditioned bus procurement projects in Dandong Bus Company, and signed a "Vehicle Purchase Contract" for 100 and 23 pure electric air-conditioned buses with Dandong Bus Company, with a total contract amount of 107 million yuan.

According to the data, the main business of Shuguang Co., Ltd. is divided into three major sectors: light vehicle business, commercial vehicle business and auto parts business such as axles. Shuguang co., Ltd. has two major Chinese famous brand products of "Huanghai Bus" and "Shuguang Bus", and "Huanghai Bus" has also won the title of China's well-known trademark, with a high industry status and brand advantages.

The main raw materials of Shuguang vehicle products include powertrain, body, chassis, interior and exterior decoration, electrical devices, etc., of which the powertrain is the most important raw material in the vehicle, including engine, gearbox, transmission system, etc.; the main raw materials of axle products include gears, forgings, castings, stamping parts, standard parts, steel, brake parts, etc.; the energy required is mainly electricity, natural gas and alcohol-based fuels. In addition, the commercial owners of Shuguang Co., Ltd. should mainly use large and medium-sized buses, and their products cover the market segments of buses, passenger transport, tourism leasing, group commuting, and school buses.

(Proofreading/Andy)

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