Recently, the Ministry of Industry and Information Technology and the Ministry of Finance jointly announced the list of National Technology Innovation Model Enterprises 2013. With the outstanding performance in terms of the technology innovation, Yutong is recognized as the National Technology Innovation Model Enterprise, becoming the only one in China’s bus industry which is granted the title.

The National Technology Innovation Model Enterprises are the leading ones in their corresponding sectors which are jointly recognized by the Ministry of Industry and Information Technology and the Ministry of Finance due to their strong technology innovation capability and significant innovation performance. The recognition and awarding is conducted every year and the evaluation is reviewed every three years. There are six criterions to select the model enterprises: the core competitiveness, leading position, innovation capability, R&D investment, leading role in the industry and proprietary brand.     

As a leading enterprise in the industry, Yutong has been insisting on the innovation on four aspects over the years, namely the management innovation, technology innovation, product innovation and institutional innovation, so as to accumulate the competitive advantage in the industry and lead the development of proprietary brands through the .technology innovation.