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Wang Chuanfu's New Yr Speech: BYD to Expedite Global Expansion, Build World-Class CN Brand
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BYD COMPANY (01211.HK) Chairman and President Wang Chuanfu delivered a New Year speech, bosting that BYD achieved tenfold leap in annual sales, becoming the world's largest new energy vehicle (NEV) company during the "14th Five-Year Plan" period. Looking towards the "15th Five-Year Plan", BYD will beef up R&D and global resource integration, and expedite overseas capacity layout, thus entering a new stage of technological iteration, intelligence-electricity integration, and global development. Wang added that BYD will maintain substantial research and capital investment to consolidate electrification and advance intelligence. In industrial collaboration, it will integrate global resources for cooperative innovation; in globalization, it will seize the opportunity for Chinese brands to go abroad, accelerate overseas capacity layout, and build a world-class Chinese brand. AASTOCKS Financial News Website: www.aastocks.com |
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