Introduction of Yutong Group

1. Introduction of Yutong Group Zhengzhou Yutong Group Co. LTD. 2010/05/05

2. Yutong, the leader of China’s bus industry A dedicated bus manufacturer deserving your trust: The number one in market shares in China’s bus industry; The number one in brand value in China’s bus industry

3. Content Part.01 General description on the enterprise Part.02 Vision Part.03 Demonstration of strength Part.04 Brief introduction on products Part.05 Corporate Social Responsibility 3

4. Brief introduction on Yutong Global largest complete bus manufacturer World largest bus manufacture base Bus production line supported by concurrent European techniques • The sales amount breaks through 15 billion RMB. • The production and sales volumes of large-sized and middle-sized buses reach to 28186 to secure the number one position in China with the market shares as high as 25%. • Its overseas market has covered six strategic areas in the world. 4

5. In the 1990s, Yutong started its modern rise with amazing speed Acquired ISO/TS16949:2002 certification New chassis production line completed Transformed into a joint-stock company New Plant at Shibalihe put into use Acquired Exemption of Inspection for Export certification Listed in Shanghai Stock Exchange (SSE) Electrocoating line put into use, largest in the world Established JV with MAN Nutzfahrzeuge Order of 5348 units to Cuba finalized Delivered a milestone of 20,000 units buses 5

6. In 1993, the bus sales volume of Yutong Company was 700 at system transformation, while in 2008, the sales volume of Yutong Group soars to 28186, with an annual compound growth ratio higher than 29%. 6

7. In 2009, the bus sales volume of Yutong reaches 28186, being No.1 in China’s bus industry. Ranking in China Sources: http://www.chinabus.info/ 7

8. In 2009, the sales volume of Yutong large-sized and middle-sized buses occupied the second place in the world bus industry. International ranking Sources: Annual reports, China Bus Statistics 8

9. Yutong Global Sales & Service Presence Yutong, along with other major suppliers, are honored to be part of the public transportation solution. Global Presence of Yutong Bus 9

10. Honors & Awards The most valuable brand in China’s bus industry BAAV Coach Builder of the Year BAAV Luxury Tour Bus Builder of the Year BAAV Coach Appearance Award of the Year & Complete Bus Builder Export Marketing Award of the Year Exclusive Large-sized Coach Supplier for Asian Cup 2004 China Domestic Automobile Industry Export Base First “Certificate for Exemption from Inspection of Import & Export Commodities” in Auto Industry 10

11. Content Part.01 General description on the enterprise Part.02 Vision Part.03 Demonstration of strength Part.04 Brief introduction on products Part.05 Corporate Social Responsibility 11

12. Our Mission help customers succeed Mission Position Responsible and long-term business partner Timely deliver tailored products and trusted service Business 12

13. Content Part.01 General description on the enterprise Part.02 Vision Part.03 Demonstration of strength Part.04 Brief introduction on products Part.05 Corporate Social Responsibility 13

14. R&D State-level R&D Centre was established in 2004, innovating bus & coach industry ever since. Fuel efficiency Engine compartment heat management Ergonomics Noise R&D Centre Drivability Interior noise Maneuverability Vibration Air-conditioning 14

15. R&D CAE study on bus body CATIA software CAE To precisely analyze the framework bearing performance and reinforce the body structure in a scientific way . 15

16. R&D Simulation Test on Whole Vehicle under Intensified Real Road condition Hollow Place Sand Road Left: Collected Real Road Chart Right: BMW and Yutong in Test Project Target: To guarantee the reliability of the whole vehicle in 1,000,000km with reliability test within 1,000,000Km. (World-only vibration test stand for buses) Industry: Not available in any other company, which can only make a 30,000-km road test in the test ground, leaving the majority of problems to be checked later in the market. The test criterion of Yutong demands an intensification of dozens of times more than the road test in the test ground. 16 16

17. R&D Fatigue and Durability Test of Parts and Components Project Target: To solve different chassis assembly problems such as noise, fatigue and vibration resistance. 6-freedom multi-spindle vibration stand can realize the 6-way-freedom vibration test, pure vibration test and also the simulated road test. The stand can simulate various movements like up-down jumping, horizontal movement, pitching, side-tipping and lateral swing. Cooling System Test Fuel Tank Assembly Test Engine Suspension Test 17

18. R&D Fatigue and Durability Test Stand for Transmission System Project Target: To test fatigue and durability of clutch, gear box, drive shaft and rear axle This is an electric-lock test stand, which can simulate engine torture fluctuation and the real drive. It’s mainly used to measure and position the noise of the transmission system; to measure the operation performance of the gear box and the clutch; and, by imitating the real road condition, to test the stress state of the components of the transmission system, so as to make the matching test of the vehicle power. 18

19. R&D Parts and Components Reliability Test Stand Project Target: To solve reliability problems of key components Performance and fatigue test shall be mainly carried out for suspension components, steering components, seats and body parts. Industry: No such equipment and no such test in any other company Seat transfer performance test Leaf spring fatigue test Seat basin test Steering column fatigue test 座椅靠背疲劳试验 19

20. R&D Ergonomics The three-dimensional man-machine engineering research model has been applied to provide easier control and more concentrated and comfortable driving for the driver. The vehicle performance is improved from the driver’s perspective. 20

21. R&D Seat impact test The seat impact tests have been conducted in foreign countries to improve the materials structure and layout, so as to reduce the injuries caused by the seat during collision and to guarantee the passengers’ safety, which has largely improved the passive safety. 21

22. Techniques: Welding Welding is made based on the European standard European Welder Work License Smooth and Even Welding seam 22

23. Techniques: electrophoresis We cooperates with world-class partners to build-up our electrophoresis production line. Latest Open in 2009, while most bus electrophoresis lines are 20 years old. Largest 24 Coating pools for both chassis and body, takt time is 6-9 minutes，annual production capacity 33000 Best Combined latest world technologies, complete automatic process, world class suppliers 23

24. Spray coating 360 hrs Electrophoresis Coating 1200 hrs Techniques: electrophoresis Traditional coating is subject to sever corrosion in salty/sunny/wet conditions, especially in case of surface distress. Salt Spray Test Results 8 years anti-rust guarantee ， For body and chassis 24

25. Techniques: Electric Components Sensor: Sensors for oil pressure, water temperature and air pressure are of German Simens VDO, the same configurations as that of European top-grade buses like Benz and MAN. Relay: Panasonic relay, which are widely used in commercial vehicles in Europe and America; Water Proof Connectors: To avoid the electric components failure caused by the water seepage through the exposed connectors, high-quality connectors like AMP are employed.…… 25

26. Quality Control: Testing 26

27. Quality Control: Testing Yutong has its own test ground, and all buses shall be tested strictly before leaving the factory so as to reduce the fault rate and improve the adaptability. Integrated Test Road Analogue Stone Road Analogue Wave Road 27

28. Quality Control: Testing Roll-over Test 42° Yutong Test Result 36° National Standard 28

29. Quality Control: Testing Complete bus rain-shower lab Provided with dual-passage automatic showering equipment; During showering, the blower can be started to sufficiently simulate the showering effects in natural environment to ensure the reliability of rain-shower inspection. 29

30. Quality System Yutong has passed internationally recognized ISO/TS16949 quality system, demonstrating the powerful strength of Yutong bus to create values for you. 30

31. Content Part.01 General description on the enterprise Part.02 Vision Part.03 Demonstration of strength Part.04 Brief introduction on products Part.05 Corporate Social Responsibility 31

32. Coach 32

33. City Bus 33

34. Content Part.01 General description on the enterprise Part.02 Vision Part.03 Demonstration of strength Part.04 Brief introduction on products Part.05 Corporate Social Responsibility 34

35. Contributions to Community Donations 35

36. Annex: 36

37. BAAV BUSWORLD ASIA 2010 Grand BAAV Award BRT Bus-ZK6180MGQA9 BAAV Environment Award Bus-ZK6125H2EV 37

38. Shanghai EXPO 2010 Model of Yutong bus is displayed in the UITP Pavilion. UITP (Union Internationale des Transports Publics) is one of the players of International Organizations Pavilion at Shanghai EXPO 2010. 38

39. Beijing Olympic Games 2008 Yutong shuttle bus for the journalists of the Main Press Center (MPC) in Olympic Games 2008. Shuttle bus of UPS and OMEGA, partner and sponsor of Beijing Olympic Games, equipped by Yutong. 39

40. Russia 40

41. Middle East 41

42. America 42

43. Middle East 43

44. Africa 44

45. Training 45

46. Training 46

47. KD, Cuba 47

48. KD,IRAN 48

49. 谢谢。 Thank you.