King Long Bus Wins the Award of Top Ten Outstanding Leading Industrial Enterprise

On 28 February 2011, the commendation meeting for the promotion of the industrial economic development in Xiamen City was held by the local government and King Long Bus won the award of ?°Top Ten Outstanding Leading Industrial Enterprise?± as one of the leading China bus builders. This is the third time for King Long Bus to get this honorable title in the past five years. In the meantime, King Long clean energy series buses & coaches get the second prize of Xiamen City Science and Technology Progress Award, the second prize of Excellent New Product 2010 and ?°King Long Bus?± was entitled Xiamen Qualified Brand.

Xu Xiangdong, vice general manager of King Long Bus accepts the award of ?°Top Ten Outstanding Leading Industrial Enterprise?± (middle in the image)

Xu Xiangdong, vice general manager of King Long Bus showed that King Long Bus has become one shinning name card of Xiamen industry during its development for 23 years and owned three production bases and two subsidiaries with the products range referring to large, medium and light buses as well as the annual production of 50,000 units. In 2010, the company got the sales amount of 6.5 billion Yuan RMB, net profits of 124.8 million Yuan RMB, making active impact on the economic construction and the development of the related industries in Xiamen.

Engineer of King Long Bus accepts the honor of Xiamen City Science and Technology Progress Award (middle in the image)

Profound Management and Creating Core Competitiveness

The executives of King Long Bus take full consideration of the importance of management, realized the transformation from extensive management to delicacy one, imported performance management system, started management procedure improvement involving supply chain, manufacturing, sales, finance, qualify control and technology to make core competitiveness and reach sustainable prosperity.

As for safety management, King Long Bus set up safety committee, regulations and increases the responsibility of leadership and the checking of the hidden danger to effectively confirm the smooth operation of production.

Concerning quality management, it has passed through various related certificates such as China Compulsory Certification, ISO/TS16949:2009, ISO9001￡o2008, China Environmental Certification, WVTA and the qualification of export inspection exemption by General Administration of Quality Supervision.

In the respect of cost management, King Long Bus continuously carried on project ?°sunshine procurement?± to efficiently standardize the procurement and gradually reduce the cost year by year through the optimization of supply system (saving more than 100 milion Yuan each year) , based on the auto parts with good quality.

King Long clean energy series buses & coaches are honored with ?°Excellent New Product 2010 ?°

Active Performance as Good Corporate Citizen

In face of the development of ?°low-carbon economy?±, King Long Bus holds the production of ?°energy-saving, environment-friendly and safe?± buses & coaches as responsibility and launches green and low-carbon products. In July 2010, 300 CNG city buses and 2 hybrid power buses were in operation, which contributes a lot for energy-saving and emission-reducing in Xiamen City.

King Long Bus actively participates into the public welfare activities. According to the incomplete statistics, it donated over 1 million Yuan in recent three years. During the period of World Expo, it offered the luxury van blood donation vehicle worth 5 million Yuan with favorable treatment, sponsored games and competitions such as International Marathon Games, World Chorus Festival and Nation Peasants' Sports. The contribution of King Long Bus on these activities fully shows its good image as a corporate citizen.