China's largest bus manufacturer, Henan Yutong Bus Co., Ltd. has started a plan to build a new 20,000 passenger car production line. After completion, the production capacity will increase by 70%, and the total output will reach 50,000 vehicles per year. The project reporting, land acquisition, and environmental impact assessment work are progressing. in.
The reporter was informed yesterday that according to the plan, Yutong Bus will take up 140.92 hectares of new land in the northeast of the old factory area of ​​Shibalihe, in Zhengzhou City, and join the old factory area, and build a project with an annual output of 20,000 passenger cars. The main products are High-end coaches, high-grade road buses and city buses and other five varieties.
According to the financial report of Yutong Bus, the company produced a total of 28,625 large and medium-sized passenger vehicles in 2009, an increase of 6.45% over the previous year. If the new production line is completed, Yutong Bus will increase its production capacity by 70% and the total production capacity will reach 50,000 vehicles per year. By then, Yutong Bus will put several major competitors, such as Yaxing Bus and Ankai Bus, far behind and continue to lead domestic passenger cars.
In order to be able to complete the project as soon as possible, Yutong Bus 12th meeting of the six board of directors has passed the project construction plan unanimously, but the announcement language is unknown. How will the new project construction fund be raised? When will the project be completed? Sun Qian, a representative of Yutong Bus Securities Affairs, told reporters that the project has been under planning for a long time and has been submitted to the National Development and Reform Commission for approval. Before the company received official approval, it was unable to disclose more detailed data.
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