Nanjing Golden Dragon Achieves Output Value of One Billion RMB in Jan. to Jul., 2015

www.chinabuses.org: After cultivating new energy bus market for five years, currently Nanjing Golden Dragon buses have been operating in 13 cities which are promoting application of new energy buses. It is expected that Nanjing Golden Dragon will grow into a new energy base with value of about one hundred billion RMB.

As a local new energy bus manufacturer in Nanjing, Nanjing Golden Dragon has been delivering outstanding performances during the past years. In 2014, production of Nanjing Golden Dragon electric buses has ranked the second place among competitors in China. In in Jan. to Jul. this year, the bus maker achieves output value of one billion RMB.

Now the second and the third phase of Nanjing Golden Dragon production base construction has been planned and preparatory work of share reform is already underway. It is expected that by the end of 2020, the total investment will reach 10 billion RMB, with annual production of 2 billion units of new energy vehicles generating output of 20 billion RMB.

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