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Sales Achievement of 10,000 HIGER Buses in 2005

04/01/2006

On the afternoon of Dec. 28, King Long United Automotive Industry (Suzhou) Co. Ltd. held a ceremony of a delivery for the No.10,000 bus in 2005. Since the establishment in Dec.,1998, it has taken Suzhou King Long merely 7 years to make such an achievement, which is considered to be a miracle in the Chinese bus and coach industry.

This year, the sales volume of Suzhou King Long has reached to 10,100 units and RMB2.6 billion with an increase of 11.1% and 8.3% compared with 2004, which has further strengthened its compete power in the Chinese bus and coach market.


HIGER V Series

In recent years, guided by the market-oriented strategy, Suzhou King Long has greatly promoted Chinese market share of the large buses and coaches on basis of the stable medium coach market share, which has realized the company strategy transformation and the product structure adjustment.

Technology innovation has also driven the development of Suzhou King Long. The Fast Coach Research Center, Postdoctoral R&D Station, Province Grade Technical Center and Automotive Performance Inspection Center have proved our company?¡¥s advanced R&D and Experiment power in China.

The 10,100 units is a new start for Suzhou King Long. 2006 is our Market Year. The comapnay shall focus on both Chinese and overseas markets to make more remarkable accomplishments.weren't immediately available to comment.