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Is there still hope for Yantai Shuchi Bus?
There is hope. Yantai Shuchi Bus was built and put into production in 1969. In March 2002, with the investment from the employees of "Yantai Automobile Transport Group Bus Modification Factory", a key bus manufacturer of the Ministry of Communications, and Yantai Transportation Group, they carried out joint-stock reform and established "Yantai Shuchi" Chi Bus Co., Ltd. has a registered capital of 58.98 million yuan, covers an area of ??130,000 square meters, and has a construction area of ??58,000 square meters. It has newly completed a mid-to-high-end bus production line in Laiyang Industrial Park with an annual output of 6,000 units, and has entered the national bus production enterprise Among the advanced ranks, Yantai Shuchi Bus has development prospects and hope.
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