Yutong Bus Production and Sales Data for October
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Yutong Bus Production Express reported in October. The company showed that the production and sales of passenger cars in October were 3,250 and 3,130 respectively, an increase of 6.97% and 12.17% year-on-year, respectively. Among them, the growth rate of large-sized passenger cars decreased significantly, and the growth rate of production and sales in October was YOY. Compared with September, they dropped by 5.87 percentage points and 4.83 percentage points respectively. The growth rate of production and sales of medium-sized passenger vehicles decreased by 9.26 percentage points and 0.87 percentage points from the previous month. 
October sales data revealed signs of slowing sales in the industry. Although July and August are not the traditional peak sales season for passenger cars, the production and sales data of Yutong buses for the third consecutive month from July to September exceeds 4,000, which refreshes the sales record of the industry. Among them, the company's September production and sales growth were 12.4% and 12.56% year-on-year respectively. However, compared with the previous month, production and sales volume in October decreased by 23.48% and 35.6%, respectively. The year-on-year growth rate of output fell by 5.59 percentage points.
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Zhengzhou Yutong Bus Co., Ltd. (hereinafter referred to as “Yutong Busâ€) is located in Yutong Industrial Park in Zhengzhou, covers an area of ​​1,700 mu, and has a stable daily production capacity of 140 vehicles. It has grown to become the world’s largest and most technologically advanced large and medium-sized Bus production base. The company was listed on the Shanghai Stock Exchange in 1997 (referred to as "Yutong Bus", code 600066) and is the first listed company in the domestic passenger car industry.