Annual Report 2023

26 2023 Annual Report Transport International Holdings Limited BUSINESS REVIEW Number of New Buses Introduced to the Fleet KMB LWB 2019 2020 2021 2022 2023 200,000 100,000 300,000 400,000 500,000 600,000 0 Total Passenger Capacity at 31 December 2023 2019 2020 2021 2022 20 40 60 80 100 0 Percentage of Actual Number of Buses Operated on the Road to Licensed Bus Fleet - KMB KMB LWB 100 200 300 400 500 0 2023 2021 2019 2020 2022 Notes: 1. 38 buses transferred from LWB to KMB in 2020. 2. 100 buses transferred from LWB to KMB in 2021. 3. 5 buses transferred from LWB to KMB in 2022. and grab handles to ensure the safety of passengers and bus captains. The addition of four horizontal ventilation windows has become a standard feature on new buses, which allows passengers to open the windows to let fresh air into the compartment. Tyre Pressure Monitoring System (“TPMS”) are being installed on existing 2,400 buses. Real-time tyre pressure and temperature can be monitored by the bus captain in order to enhance bus safety. TPMS has been adopted to a standard feature in KMB’s new buses. KMB has continued to invest in the latest environmentally friendly buses. In 2009, it became the first public bus company in Asia to introduce Euro V double-deck buses. In 2017, it again led the industry by introducing the first diesel-powered double- deck bus with Euro VI emission standards in Hong Kong. Euro III model buses will be completely phased out within the next three years. In 2023, a batch of 24 new-generation double-deck electric buses commenced service. They are equipped with the Battery Management System and the Water Cooling System, which help monitor the efficiency and condition of the battery and control its temperature, effectively extending the battery life cycle and improving performance. KMB has been progressively installing the tyre pressure monitoring system in its bus fleet, allowing bus captains to monitor tyre pressure and temperature in real time, thereby enhancing bus safety KMB’s Bus Fleet Double-deck Buses Single-deck Buses Total Number of Buses As of 1 January 2023 3,885 151 4,036 Addition during the year 107 0 107 Disposal during the year (88) 0 (88) As of 31 December 2023 3,904 151 4,055 As of 31 December 2023, KMB operated a total of 4,055 licensed buses, comprising 3,904 double-deck buses and 151 single-deck buses. Among them were 24 electric double-deck buses and 26 electric single-deck buses.