BYD Company Limited

BYD Company Limited is a leading global manufacturer primarily engaged in the automotive sector, focusing on new energy vehicles (NEVs), mobile phone components, secondary rechargeable batteries, and photovoltaic (PV) solutions. Founded in 1995 and listed on the Shenzhen Stock Exchange in 2011, BYD has established itself as a pioneer in the NEV industry, leveraging technological innovations to enhance its competitive advantages and drive the transformation of the global automotive landscape. The company's operations span four major industries: automobiles, rail transit, new energy, and electronics. In the NEV sector, BYD has developed advanced technologies in batteries, motors, and electronic control systems, achieving significant breakthroughs in performance and safety. Its product offerings include high-safety lithium iron phosphate batteries and a range of electric vehicles, including buses and taxis, which are operational across numerous countries. Additionally, BYD's PV business encompasses a complete industrial chain, and its rail transit solutions, such as the "SkyRail" and "Cloud-Bus," aim to address urban transportation challenges while promoting sustainable development.

BYD Group adheres to the development concept of "technology is the king, innovation is the foundation", and is committed to using technological innovation to meet people's aspirations for a better life. Its business spans four major industries: automobiles, rail transit, new energy, and electronics. In the field of new energy vehicles, BYD has created a long-term and sustainable core competitive advantage. As a leader in the global new energy vehicle industry, BYD has a large technology research and development team and strong technological innovation capabilities, and has successively developed a series of globally leading forward-looking technologies. At present, the group has core technologies such as batteries, motors, electronic control, and whole vehicles, achieving multiple breakthroughs in new energy vehicles in terms of power performance, safety protection, and energy consumption, accelerating the transformation and upgrading process of the global automotive industry. In the field of power batteries, BYD has developed high safety lithium iron phosphate batteries to solve global challenges in safety, cycle life, and range of electric vehicle batteries. Through continuous iterative innovation, the group has launched blade batteries and CTB (Cellto Body) technology. At present, the group has established a global leading technological and cost advantage in the field of power batteries, and has established a leading scale advantage through the rapid increase of production capacity. In terms of commercial promotion, BYD's globally leading pure electric and plug-in hybrid technologies have been widely used in passenger car products, continuously leading the global market. In the field of commercial vehicles, the group has successfully operated green transportation such as pure electric buses, taxis, and trucks on 6 continents, over 70 countries and regions, and over 400 cities worldwide. With the accumulation of technology and comprehensive synergy advantages in various fields, BYD will continue to be committed to breakthroughs and innovations in new energy vehicle technology and product promotion in the future, actively promoting the industrial transformation of traditional cars towards new energy vehicles. BYD will promote the comprehensive expansion of new energy vehicles through the "7+4" full market strategy, covering seven conventional fields, namely private cars, buses, taxis, sanitation vehicles, road passenger transportation, urban commodity logistics, and urban construction logistics, as well as four special fields, namely warehousing, mines, ports, and airports, to achieve full coverage of new energy vehicles for road transportation. At the same time, the group will also combine the advantages of new energy vehicles and the opportunity for the strong rise of independent brands to promote more new energy passenger models, as well as passenger, freight, and specialized models for more segmented markets, further enrich the new energy vehicle product line, enhance market share and industry position, and promote the group to always be at the forefront of global new energy vehicle technology innovation and product application. In addition, BYD leverages its integrated innovation and long-term accumulation of comprehensive technological advantages to extend the electric vehicle industry chain to the field of rail transit, launching medium volume "cloud rail" and low volume "cloud bus" with fully independent intellectual property rights, providing effective solutions for global urban traffic congestion control.