The first batch of 300 units Ankai buses were shipped at Lianyungang Port in Jiangsu Province for their destination in Algeria.
The sales contract was signed with CIMAMOTORS in Algeria in Jun. this year. According to our contract, Ankai is required to deliver its bus products in three batches. The first one with 300 units is now on its way. The rest two batches are expected to be delivered within this year. After the execution of the contract, Ankai is going to provide 1,100 units buses with a total value of 36 million USD (about 224 million RMB), the largest overseas bus sales order in 2014 for domestic bus makers.