PRESS RELEASE: KIM LONG MOTOR AND BINH MINH INVESTMENT GROUP SIGN CONTRACT FOR 500 KIMLONG X9 MINIBUSES AND HAND OVER FIRST BATCH OF 50 VEHICLES

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Program:  1. CONTRACT SIGNING CEREMONY FOR 500 KIMLONG X9 MINIBUSES

                     2. DELIVERY CEREMONY FOR THE FIRST BATCH OF 50 KIMLONG X9 MINIBUSES

Time: From 13:30 to 14:00, Monday, November 4, 2024

Thua Thien Hue, November 4, 2024

KIM LONG MOTOR Hue Joint Stock Company and Binh Minh Investment Group Joint Stock Company have officially signed a contract for 500 KIMLONG X9 minibuses at the Kim Long Motor Huế automotive manufacturing and assembly industrial park. Immediately after the signing ceremony, Kim Long Motor handed over the first batch of 50 KIMLONG X9 minibuses (16-seat Standard version) to Binh Minh Investment Group. This version is optimally designed to serve passenger transportation needs, school and employee shuttles, short-route transport, and tourism services..

KIM LONG MOTOR Hue automobile manufacturing and assembly complex is aiming to develop into a leading center for automotive production and parts manufacturing in the region, with a goal of achieving over 90% localization by Q2 2026. At the same time, Kim Long Motor strives to become the market leader, both in terms of quality and output of Diesel engine vehicles, new energy vehicles such as EV buses and EV trucks (heavy, medium, light), with a focus on international export markets.

To realize this strategy, Kim Long Motor is intensifying investment in research and development of new products to offer a diverse range of commercial vehicles. Among them, the KIMLONG X9 minibus, recently launched in October, is available in various versions, including the 16-seat model, as well as Limousine (10-seat, 12-seat) and Mini Van versions equipped with premium interior features and entertainment utilities to meet diverse customer needs.

The vehicles are produced on advanced production lines with a high level of automation, ensuring that they meet strict technical requirements and quality standards. The KIMLONG X9 minibus is highly regarded for its minimalist, compact design, which allows for flexible operation on urban roads. Additionally, the interior is appropriately equipped for each version, offering high application value to help customers maximize operational efficiency.

Binh Minh Investment Group is one of the leading passenger transport companies in Vietnam. With a wide range of solutions for personal, family, office, and school transportation, the group has built a reputable brand by providing convenient, comfortable, and safe travel experiences for its customers. During the ceremony, Mr. Võ Quốc Bình, Chairman of the Board of Binh Minh Investment Group, shared: "After thorough evaluation, we highly appreciate the quality, application, and operational efficiency of the KIMLONG X9 minibus. Binh Minh Investment Group has strong confidence in the production capabilities of KIM LONG MOTOR and hopes this collaboration will not only drive mutual growth but also contribute to enhancing the quality of passenger transport services in Vietnam."

Mr. Ly Quoc Viet, Deputy General Director of KIM LONG MOTOR in charge of Sales, stated: "Staying committed to the business philosophy ‘Quality is vitality – Customers centric,’ KIM LONG MOTOR focuses not only on research and production but also on business strategy and after-sales service quality. KIM LONG MOTOR is currently planning and developing a nationwide network of modern showrooms and service centers that adhere to the brand’s standards. We are committed to providing customers with comprehensive support throughout their vehicle purchase, warranty, maintenance, and technical services during the entire product lifecycle. With our motto ‘Dedicated – Fast – Effective,’ we ensure our partners and customers always feel confident in utilizing products bearing the KIM LONG MOTOR brand."

The signing of the 500 KIMLONG X9 minibus contract between KIM LONG MOTOR and Binh Minh Investment Group marks an important milestone in the strategic partnership between the two companies. This event not only opens up opportunities to enhance business efficiency and meet the passenger transport demand across the country but also clearly demonstrates the production capacity and solid reputation of the KIM LONG MOTOR brand in the Vietnamese commercial vehicle market.

 

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About KIM LONG MOTOR

Kim Long Motor Hue Joint Stock Company (KIM LONG MOTOR) is the investor of the Kim Long Motor Huế Automotive Manufacturing and Assembly Industrial Park in the Chan May - Lang Co Economic Zone, Thua Thien Hue Province. The company operates in the manufacturing, assembly, and sales of automobiles; production of automotive parts and components; and the development of industrial park infrastructure. The Kim Long Motor Huế Industrial Park consists of several factories, including facilities for assembling buses, minibuses, trucks, passenger cars, engine manufacturing, axle production, and various other automotive technologies, covering over 600 hectares in the Chan May - Lang Co Economic Zone. With the business philosophy “Quality is life – Customers are at the center,” KIM LONG MOTOR is committed to delivering real value to customers through modern, suitable products that meet specific needs and contribute to the country’s socio-economic development.

Learn more at: https://kimlongmotor.com.vn

 

About Binh Minh Investment Group

Binh Minh Investment Group Joint Stock Company is a leading passenger transport enterprise in Vietnam. The company offers a diverse range of services for personal, family, office, and school transportation, providing customers with convenient, comfortable, and safe travel experiences.