Yutong Bus Co., Ltd. is a bus manufacturing enterprise headquartered in Zhengzhou City, Henan Province, China. Its predecessor was the state-owned Zhengzhou Bus Repair and Assembly Factory, established in 1963. After several restructurings, the company was formally established in 1993 and became the first listed large bus manufacturer in China in 1997. Currently, the company is primarily operated by Yutong Group, which is effectively controlled by its founder Tang Yuxiang, and operates as a private enterprise. Its core business encompasses the R&D and manufacturing of a full range of buses, including intercity coaches, transit buses, tour buses, and school buses. The company operates four vehicle assembly plants and seven national-level innovation platforms, with an annual production capacity of 80,000 units. As the global sales leader in bus manufacturing, Yutong has maintained the top market share in the large and medium-sized bus segment for 22 consecutive years. Its cumulative sales of new energy buses have surpassed 196,000 units, with products exported to over 60 countries and regions. In 2024, global sales reached 46,918 units, and the company ranked 375th on the 2025 Fortune China 500 list. The company demonstrates exceptional technical capabilities, having introduced the world's first autonomous bus, contributed to the development of national school bus standards, and spearheaded the establishment of the Hydrogen Energy and Fuel Cell Vehicle Industry Research Institute. Its brand value stands at 110.846 billion ringgit (approximately 7.736 billion yuan). The company has also established a sales network in Malaysia, primarily supplying vehicles for public transportation, tourism, and airport shuttle services.
