Relationship between Yutong Bus and Yangzhou Yaxing Bus

Commercial competitive relationship.

1, Yangzhou Yaxing Bus Co., Ltd. is a joint-stock company jointly established by Jiangsu Yaxing Bus Group Co., Ltd. and four state-owned enterprises. 1999 successfully issued 60 million A shares on the Shanghai Stock Exchange, becoming one of the few listed companies in China bus industry.

2. Yutong Bus Co., Ltd. is a leading enterprise in China bus industry, and the first listed company in the industry (SH.600066) integrating R&D, manufacturing and sales of bus products. Its main products can meet the market demand of different lengths from 5m to 18m. Have a complete product chain of 126 product series.