Yutong Bus released the semi -annual performance forecast of 2022. The epidemic affects the short -term pressure of the industry. What are the future growth points?

[Dahe Daily · Dahecai Cube] (Reporter Li Yan) On July 14, Yutong Bus released the semi -annual performance trailer for 2022. The report shows that after preliminary estimation of the financial department, the company is expected to be of -78 million yuan to -52 million yuan by the net profit attributable to shareholders of listed companies in the semi-annual 2022. After deducting non-recurring profit and loss matters, the company is expected to deduct the net profit of non-recurring profit and loss to the shareholders of listed companies in the semi-annual 2022 year to 40 million yuan to -320 million yuan. The estimated performance data this time has not been audited by the Certified Public Accountant.

The report shows that the main reason for the pre -losses in this period is that the first half of the year was repeatedly affected by the domestic new crown pneumonia. Limited local people's flow, and the reduction of personnel travel demand, which led to a significant decline in urban bus passenger traffic, medium and short -distance passenger transport, and tourist transport volume. The demand for the bus market has decreased, the industry competition has intensified, the company's sales have decreased year -on -year, and the number of factors such as continuous increase in upstream raw material prices and increased transportation costs have increased. The company's costs have increased.

In the first half of the year, 9070 large and medium -sized passenger cars were sold,

Stable in the industry first

At present, the epidemic is still the most critical factor affecting the trend of consumption in various industries. In the first half of 2022, in terms of duration and scale, the epidemic exceeded the influence of the previous rounds. Public transportation, tourism passenger transport, and school bus services in many areas had to continue to press the "stop button". Under the overall tone, China's economic growth has maintained strong toughness. Under various policies, the market expects to continue to rise.

The bus industry is no exception. According to the latest data from the China Bus Statistics Network, in June 2022, the 30 passenger car companies that focus on selling a total of 6,414 passenger cars, a year -on -year decrease of 37.91%, but an increase of 31.22%month -on -month. Also It shows that as the epidemic is getting better, the market is gradually recovering.

Specifically, in the first half of the year, the industry sold a total of 29,702 passenger cars by more than 7 meters, a year -on -year decrease of 25.43%. Although it has not met expectations, under the influence of various unfavorable factors, the industry can hand over such transcripts, which is not easy. Among them, Yutong Bus ranked first with 9070 sales, with a market share of 30.54%.

In terms of new energy, in the first half of the year, the industry sold 17,292 new energy buses above 7 meters, a year -on -year increase of 3.21%, showing the market's steady and good trend. Among them, Yutong Bus has sold 3,547 new energy buses of more than 7 meters with a market share of 20.51%, which continues to lead the industry steadily. In addition, Yutong passenger cars have a sales volume of nearly 2,000 more than 2,000 companies, which are the only companies that have achieved a total of more than 3,000 new energy buses in the first half of the year.

Autonomous driving, hydrogen fuel cell buses, and school bus flowers flowers,

Seeking performance growth

With the rapid changes in the market environment, the public travel industry faces multiple challenges of new energy subsidies and the multiple challenges of the epidemic.

In the event of an epidemic in the overseas buses, the impact of the epidemic is temporarily blocked, and the domestic buses market tends to be saturated. At the moment when the new round of update cycle has just started, in addition to stabilizing the position of the bus industry, what are the aspects of Yutong and seek performance growth?

In February of this year, 950 Yutong bus completed the service task of the Beijing 2022 Winter Ice and Snow City with the performance of "zero failure, zero delay, zero complaints" performance, especially 185 hydrogen fuel buses.区域的服务保障中，以100%的出勤率，应对低温、降雪、山地等复杂路况，累计运行50余万公里，执行接送任务4000余次，接送乘客10万人次，平稳运行、低噪音、长The performance of battery life, low hydrogen consumption, and cold start has won many praises. Recently, 50 more Yutong hydrogen fuel buses set off from Zhengzhou. After more than 800 kilometers, they arrived in Beijing one after another and delivered them to hydrogen power Beijing Technology Service Co., Ltd.. At present Related traffic services for the 17th Provincial Games.

In terms of autonomous driving, since this year, Yutong has made great efforts, not only to help Boao build a variety of types of autonomous driving vehicles, but also match the "smart platform, remote driving, smart car" "smart transportation future community project" that matches "smart platforms, cloud control centers, remote driving, and smart car". ; In June, I was awarded the first self -driving road test "Gan A0001 Trial" in Gansu. A series of actions marked that its autonomous passenger cars accelerated into the actual operation stage of commercialization.

From January to December 2021, the sales volume of Yutong school cars was 6082 vehicles (including export data), an increase of 30.8%year -on -year, accounting for 64.87%of the total sales of the school bus market, supporting the entire market segment with its own strength. In 2022, Yutong was also fully contributed to the school bus market with a more complete and more accurate product configuration lineup. On June 28, Yutong delivered 150 school bus to Guosheng Group, becoming the largest school bus order in Guangdong Province in the past three years. On the 10th anniversary of the promulgation of the "Regulations on the Safety Management of the School Bicycle", in order to prevent and prevent security accidents caused by the driver's physical condition, Yutong also innovated the driver's status monitoring system, including driver's alcohol detection system, driver physiological health monitoring system, driving driving The dangerous behavior early warning system, with a safer, smarter and healthier protection system, "holds the steering wheel on the road of studying" for children.

Focus on value creation "internal skills", and then upgrade the core competitiveness

With the rapid changes in economic development, user needs, and travel structure, the public transportation industry is undergoing unprecedented huge impact. The global passenger car industry has also entered the systematic and platform -based contest from a single technology and a single product.

How to gather value aggregation in fierce market competition to provide users with better services in terms of technology, services, and finance? How to integrate the development of the enterprise itself into the era, to discover the standards and models that can continuously lead the industry upgrade, and use it to create a road of green sustainable development?

On May 10, 2022, Yutong Bus released the "ultra -GM value chain" based on the value of the entire life cycle value of the passenger car. Gathering, with the five core modules of "advanced research and development, strict selection of ingredients, super manufacturing, full strict product control, one -stop direct service", to ensure that passenger cars can create greater value.

The double overlapping risk of the internal and external markets is that the key to stabilizing the economy is to release the internal circulation power. In April of this year, the General Office of the State Council released the "Opinions on Further Release Consumption Potential to Promote the Continuity of Consumption". From the perspective of comprehensively promoting consumption in the system, 20 major measures were proposed. Including advocating green travel, increasing the proportion of urban public vapor tram and rail transit, promoting the electrification of public service vehicles, and supporting new energy vehicles to accelerate the development; fully tap county and township consumption potential, encourage conditions in regions to carry out new energy vehicles and green intelligence The home appliances go to the countryside to promote the construction of supporting facilities such as charging piles (stations); improve the service environment and quality of rural tourism, leisure agriculture, cultural experience, health care, homestay economy, outdoor sports and other service environments and quality.

Industry experts said that due to the factors such as epidemics and policies, the procurement needs and rhythm of the entire passenger car industry in the first half of the year have been affected, and there is also a delay in procurement. It is expected that over half of the demand for the industry this year will be released in the second half of the year. The release of a series of related policies will also stimulate and benefit the development of the passenger car industry. In the future, as the epidemic prevention and control situation is good, consumption such as tourism and passenger transportation will gradually return to the right track. The passenger car market is also expected to be substantially repaired, and companies with preparation will recover faster and go further.

Responsible editor: Wang Shidan | Audit: Li Zhen | Director: Wan Junwei

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