YTCO(SH:600066) 第一商用车网·2025-12-15 16:00Core Viewpoint - The article highlights the significant transformation of China's commercial vehicle industry during the "14th Five-Year Plan," emphasizing the shift from traditional manufacturing to intelligent manufacturing, and the leadership in new energy vehicles, with Yutong as a key example of innovation and high-quality development [1]. Group 1: Innovation and Core Competitiveness - Innovation is the primary driving force for development, with Yutong demonstrating this through early investments in the new energy sector, launching its first pure electric bus in 1999, and maintaining a research and development investment of over 5% of revenue annually during the "14th Five-Year Plan" [2]. - Yutong has established a research team of over 3,000 people and multiple national and provincial research platforms, leading to breakthroughs in core technologies such as batteries, motors, and control systems, earning the National Science and Technology Progress Award for the fourth time [2]. Group 2: Technological Advancements - Yutong has introduced industry-leading battery systems with warranties of 1 million kilometers over 10 years and 1.5 million kilometers over 15 years, addressing user concerns about battery lifespan [4]. - The efficiency of Yutong's electric drive and control systems has reached 97.5% for motors and 99.5% for controllers, significantly reducing vehicle energy consumption [4]. - The integration of thermal management technology has improved winter range by 10%-15%, enhancing vehicle reliability and operational economics [4]. Group 3: High-End Manufacturing and Brand Power - Yutong's focus on high-end public and business vehicles has led to the T7 model breaking the monopoly of joint venture brands, serving national events for over a decade and showcasing the confidence of Chinese manufacturing [6]. - In the airport shuttle bus sector, Yutong has achieved 100% localization of components and has secured significant international orders, including a record delivery of 46 electric airport shuttle buses to Spain in 2024 [7]. Group 4: Internationalization and Global Reach - Yutong has exported over 120,000 buses to more than 100 countries, establishing a strong presence in high-end markets like Europe, supported by its core technologies and manufacturing capabilities [9]. - The company has developed a localized service network globally, with over 400 service points and a dedicated team providing 24/7 support, enhancing trust in international markets [10]. Group 5: Commitment to Green Development - Yutong has sold over 240,000 new energy commercial vehicles globally, contributing to a reduction of 28.7 million tons of carbon emissions, equivalent to reforesting 140,000 hectares [11]. - The company is actively involved in providing green solutions for various sectors, including logistics and mining, with innovations such as autonomous mining trucks and electric sweepers [13]. Group 6: Future Outlook - Looking ahead to the "15th Five-Year Plan," Yutong aims to deepen its domestic market presence while expanding internationally, focusing on self-sufficiency in key industry segments and contributing to the transformation towards green and intelligent manufacturing [15].