Xiamen King Long sees 90% increase in export revenue in 2008

Xiamen King Long United Automotive Industry Co Ltd, a Xiamen-based bus and coach manufacturer, expects its export revenue to rise over 90% to US$200 million this year, the China Daily reported.

The company attributed the strong export growth to its proactive sales strategy covering sales, after-sales service, product certification, international financing, customer relations and logistics, according to the report.

Over the past three years, King Long has been growing at the speed of over 30% annually, and its total revenue is estimated to reach RMB$5.2 billion.

In 2008, the company has expanded to 10 emerging markets including Australia and Cuba. In the first eight months of this year, King Long has reaped RMB 900 million from exports.