第一商用车网·2025-05-22 07:00Core Viewpoint - The export performance of China's bus industry in the first four months of 2025 shows significant growth, with a total of 21,447 buses exported, marking a year-on-year increase of 30.81% compared to the same period last year [1][12]. Group 1: Overall Export Performance - In April 2025, a total of 5,736 buses were exported, achieving a year-on-year growth of 26.71% [1][5]. - Since January 2024, China's bus exports have experienced 16 consecutive months of year-on-year growth, indicating a sustained strong market momentum [1][5]. Group 2: Segment Performance - In April 2025, the export figures for different bus types were as follows: large buses 3,218 (down 1.8%), medium buses 965 (up 40.67%), and light buses 1,553 (up 175.35%) [5][6]. - The significant increase in light bus exports is attributed to a low base in the previous year, where only 564 units were exported [5][6]. Group 3: Functional Attributes - In April 2025, the export volumes by function were: seat buses 3,345 (up 18.03%), public buses 1,751 (up 9.44%), school buses 51 (down 30.14%), and other buses 589 (up 2,845%) [7][9]. - The seat bus segment continues to show consistent growth, while public buses have rebounded after a brief decline earlier in the year [7][8]. Group 4: Company Performance - The top five companies in bus exports from January to April 2025 were Xiamen Golden Dragon, Xiamen King Long, Yutong, Zhongtong, and Suzhou King Long Haige, with Xiamen Golden Dragon leading the market [12][13]. - Xiamen Golden Dragon and Xiamen King Long both exported around 3,000 units, with a narrowing gap in their export volumes [12][13]. Group 5: Market Dynamics - The competition among the top companies is intensifying, with notable performances from Ankai and BYD, both of which have shown significant year-on-year growth [12][15]. - The overall bus export market is characterized by a "steady improvement with structural differentiation," indicating varying performance across different segments [10][31].