The company was founded in 1958, began officially specializing in the production of buses in 1971, and was successfully listed in Shenzhen in 2000. It is one of the earliest domestic bus manufacturers and bus listed companies. The company has a factory area of 2,500 acres, with 2,000 units (sets) of main production equipment. It has a modern production line at the leading international level, and has an annual production capacity of 0.03 million large, medium and light buses. The company mainly develops, manufactures and sells spare parts products, mainly for buses. The company's bus products cover a range of grades from 5 meters to 18 meters. Corporate honors: National Product and Service Quality Integrity Demonstration Enterprise, Zhongtong New Sega was awarded the “Power Reputation Model”, the China Bus Industry Leading Enterprise Award, the Safe and Worry-free School Bus Star, and the New Energy Bus Outstanding Contribution Award.