In 2024, Yutong sold 47,000 buses, a 24% increase from 2023, and generated significant revenue of RMB 37.218 billion, reflecting a year-on-year growth of 37.63%. The company reported robust net cash flow and remained a top player in China's bus industry. Yutong also saw a 37.73% rise in exports, taking its total to over 110,000 units across more than 60 countries. In line with its glocal strategy, Yutong unveiled new technologies, such as hybrid systems, and recorded substantial international orders, emphasizing its growth and innovation in sustainable transport.
Yutong's 2024 results show a remarkable growth of 24% in bus sales, reinforcing its status as a leader in the global bus manufacturing industry.
With a revenue of RMB 37.218 billion and a strong 37.63% growth, Yutong has met its financial targets and demonstrated robust operational cash flow.
The company's successful international orders, including significant sales in Chile and Greece, highlight Yutong's expanding global presence and commitment to innovation in sustainable transportation.
Yutong's implementation of its glocal strategy showcases its technological advancements like dual-mode hybrid systems, aiming to lead the sustainable transportation market worldwide.
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