Yutong Bus reports strong Q3 growth, faces €269m arbitration claim

Zhengzhou Yutong Bus Co., Ltd. has released its third-quarter report for 2025, showing significant growth with a 32.27% increase in Q3 operating revenue and a 90.63% rise in total profit compared to the previous year, primarily driven by increased sales. Year-to-date, operating revenue reached CNY 26,365,917,793.54, with total profit at CNY 3,855,273,938.47, reflecting a 44.17% increase, though net cash flow from operating activities decreased by 60.40% year-to-date due to increased payments to suppliers.

In parallel, Yutong Bus disclosed that its wholly-owned subsidiary, Hong Kong Yutong International Co., Ltd., is facing an arbitration claim initiated by China Motor Limited (CM) with the International Chamber of Commerce International Court of Arbitration. CM is seeking €269 million in damages for the termination of distribution agreements. The arbitration, which is in its early stages, is not expected to materially impact the company's normal production and operations.

The company will host a third-quarter earnings call on November 5, 2025, to discuss these results and address investor queries.