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Sugon's vehicle sales in April were 47 units, down 94.04% year-on-year.

Sugon's vehicle sales in April were 47 units, down 94.04% year-on-year.

Jiwei Network News (Wen/Chen Wei) On May 10, Shuguang issued an announcement that the output of vehicles in April was 187 units, down 67.98% year-on-year; among them, the output of new energy buses in April was 125 units, up 12400% year-on-year; the sales of complete vehicles in April were 47 units, down 94.04% year-on-year.

Sugon's vehicle sales in April were 47 units, down 94.04% year-on-year.

It is reported that Shuguang Co., Ltd. is a vehicle and auto parts R & D developer, mainly engaged in the production, research and development, sales and related technical consulting services of vehicles, axles and parts, has developed and listed its own Yellow Sea brand of light buses, buses, pickup trucks, special vehicles and trucks and other different models.

Shuguang shares said that the company's axle business has been the company's main pillar industry, in recent years due to the intensification of competition in the external market, products to the traditional low value-added light axle-based, raw material price fluctuations and other impacts, although the income of the axle business is stable, but can only maintain a small profit or even loss, for this reason the company to accelerate the high value-added electric drive axle, coaxial direct axle, passenger lightweight frame and other new products of the wholesale production listing, while stabilizing old customers, full efforts to open up new markets,

Among them, Shuguang Axle will successively enter the procurement system of traditional car companies such as FAW Hongqi and new forces such as zero-run cars, and products such as new energy electric vehicle bridges will form new market growth points and profit points in the future, which will further stabilize the status of Shuguang Axle as the first echelon of axle enterprises with traditional axles and new energy axles and frames.

In addition, the company will launch a series of new products in 2022: (1) the modified N2 and N7 technology versions will be launched in April; (2) in the second half of the year, the full range of gasoline automatic gear, diesel automatic gear and four-wheel drive will be launched to further enrich the product line; (3) the launch of the Yellow Sea electric pickup truck at the end of 2022 will further meet the market demand; (4) it is planning to launch a new off-road, urban passenger pickup product.

(Proofreading/Andy)

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