Yangzhou Yaxing Bus Co., Ltd. (600213)

Yangzhou Yaxing Bus Co., Ltd. (600213)

In September 1998, with the approval of Jiangsu Provincial People's government, the company initiated the establishment of Yangzhou Yaxing Bus Co., Ltd. with Jiangsu Yaxing Bus Group Co., Ltd., the largest bus manufacturer in China, as the main sponsor. In August 1999, the company issued and listed 60 million a shares (600213) in Shanghai Stock Exchange, and successfully entered China's capital market. It is one of the few listed companies in China's bus industry.

The company has a total assets of more than 900 million yuan, a net assets of more than 280 million yuan, more than 5600 employees, more than 800 professional and technical personnel of various types, covering an area of 815000 square meters, with a construction area of 277000 square meters. It has Yangzi factory, Pingshan factory, seat factory and sales company. The company has domestic leading advantages in the development and production of intercity buses, city buses, tourist group buses, bus chassis, seats and key parts, and special vehicles. At present, it has more than 20 series of "Yaxing" and "Yangzi" brands and more than 100 varieties. Its products cover large, medium, light, high, medium and common grade buses. In September 2013, the factory began to move to Yangzhou (Hanjiang) Beishan Industrial Park; It is expected that Yangzhou will withdraw from the zone and enter the park before the end of the year to develop new energy buses!

The company has an annual production capacity of 10000 buses, 10000 bus chassis and 300000 bus seats. Since its establishment, the company has provided more than 40000 passenger cars of various types to the society, with a total sales revenue of more than 7 billion yuan. The main economic indicators such as production and sales volume and sales revenue over the years are in the forefront of the bus industry in China.

Yangzhou Yaxing Bus Co., Ltd. is a joint-stock company jointly established by Jiangsu Yaxing Bus Group Co., Ltd. and four state-owned enterprises. In 1999, it successfully issued and listed 60 million a shares in Shanghai Stock Exchange, becoming one of the few listed companies in China's bus industry. In 2003, the company through asset restructuring, greenkor into the main star. At present, the company has a total assets of 1.132 billion yuan, more than 6300 employees and more than 1200 professional and technical personnel of various types. The company covers an area of 630000 square meters, and consists of Yangtze base, Pingshan base, seat base, chassis company, sales company, after-sales service center and technical center. In 2000, the company produced and sold more than 10000 passenger cars of various types, with a sales revenue of 1.04 billion yuan, More than 77 million yuan of profits and taxes were realized. The company has formed more than 20 series of "Yaxing" and "Yangzi" brands, more than 100 varieties of large, medium, light, high, medium and common grade buses, and the main economic indicators such as the production and sales volume of large and medium-sized buses are in the forefront of the same industry in China. Through technological transformation, the company will continuously improve its product development capability, process level, product quality and grade, further enhance its product competitiveness, and form a comprehensive production and supporting capacity with an annual output of 15000 passenger cars, 20000 passenger car chassis and 400000 passenger car seats. The annual sales revenue will reach 3 billion yuan, and the annual profits and taxes will reach 300 million yuan, It will become a world-class enterprise in China's national bus industry.

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