BYD Company Limited

BYD Co., Ltd. (“BYD” or “the Company”, together with its subsidiaries, collectively referred to as the “Group” or “Group”; stock code: H shares: 01211 (HKD counter); 81211 (RMB counter); A share: 002594) is mainly engaged in automobile business, mobile phone parts and assembly business, rechargeable batteries and photovoltaics business, mainly using its superior technology to actively expand the field of urban rail transit business. As a pioneer and leader in the global NEV industry, the Group has built a long-term and sustainable core competitive advantage through continuous technological innovation through strong technology accumulation in the fields of power batteries, motors, electronic control, etc., and has established the Group's leading position in the global NEV industry and accelerated the transformation and upgrading process of the global NEV industry. The Group is one of the world's leading manufacturers of rechargeable batteries. In the field of consumer batteries, lithium-ion batteries produced by the Group are widely used in various consumer electronics products and new smart products. Our main customers include leading consumer electronics manufacturers such as Samsung and Dell, as well as leading global robotics brands such as Covos. In the field of power batteries, the Group has developed highly safe lithium iron phosphate batteries — “blade batteries” to better solve market safety pain points and accelerate the return of lithium iron phosphate batteries to the mainstream power battery circuit. In the field of energy storage batteries, the Group is making efforts in application fields such as power grid energy storage, industrial and commercial energy storage, and household energy storage to provide customers with cleaner and more sustainable energy storage solutions. As one of the Group's important components in the field of clean energy, the photovoltaic business has a full industrial chain layout including silicon wafers, cells, photovoltaic modules, and photovoltaic system applications, opening up all aspects of energy from absorption and storage to application. The Group will actively deploy new technologies and promote continuous product upgrades. As the world's leading platform-based high-end manufacturer, the Group provides world-renowned customers with one-stop services such as new material development, product design and development, component and assembly manufacturing, supply chain management, logistics and after-sales services. The products cover diverse market fields such as smartphones, tablets, smart homes, gaming hardware, drones, the Internet of Things, robots, communication equipment, medical and health equipment. The company's high vertical integration capabilities enable the company to provide customers with comprehensive services and respond more quickly and efficiently to the changing needs of the market. The urban rail transit business is one of the strategic directions for the Group's future development. With established technology and cost advantages in the field of new energy business, the Group has successfully developed high-efficiency, low-cost medium capacity “cloud rail” and low volume “Yunba” products to achieve three-dimensional coverage of urban public transportation with new energy vehicles, and achieve long-term and sustainable development of the group while helping the city solve traffic congestion and air pollution.