What's the difference between Zhongtong Automobile Industry Group and Zhongtong Bus Holding Co., Ltd.

Zhongtong Automobile Industry Group is the major shareholder of Zhongtong Bus Holding Co., Ltd.

Zhongtong automobile industry group co., ltd

Zhongtong Automobile Industry Group Co., Ltd., founded in 1958, is a large state-owned enterprise mainly engaged in passenger cars and special vehicles. After more than 50 years of development, the company has total assets of 5 billion yuan, net assets of 65.438+0.5 billion yuan, and more than 5,000 employees, including more than 600 college graduates/kloc-0 and more than 960 professional and technical personnel. Zhongtong Bus Company, which is controlled by the Group, is one of the four listed companies in the domestic bus industry. It is the backbone enterprise designated by the state and the Ministry of Communications to produce passenger cars, and its comprehensive strength ranks fourth in the same industry in China. In recent years, Zhongtong Group has continuously upgraded traditional advantageous industries and vigorously developed strategic emerging industries by optimizing resource allocation and changing economic development mode, and gradually formed a diversified industrial system with coordinated development of "buses, special vehicles, steel structures and real estate". The enterprise scale has been growing, and it is one of the key industrial enterprises in Shandong Province and one of the well-known automobile industry groups in China.