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Will Bengbu bus company close down?

No bus company in Bengbu is a public welfare undertaking, an indispensable means of transportation for the city, and an enterprise supported by the state finance, and it is not allowed to go bankrupt. Bengbu bus was built in June 1956, and changed from factory system to company system in June 2009. Bengbu Public Transport Group Co., Ltd. was established in May 20 10, and is a wholly state-owned enterprise under the leadership of the Municipal Transportation Bureau. On-the-job employees 1890, and 706 retired employees. It has 26 bus lines and 555 vehicles, with a daily operating mileage of 70,000 kilometers and a daily passenger volume of 370,000 passengers.