Core Insights - Zhao Changjiang, former general manager of BYD's Tengshi Fangchengbao Direct Sales Division, announced his departure from the company after 16 years of service, expressing gratitude towards BYD's chairman Wang Chuanfu for his support and mentorship [1][6] - Zhao highlighted his contributions to BYD's growth, including market expansion during the fuel vehicle era, exploration in the emerging electric vehicle market, and the success of flagship models like the Tang and Han series [1][2] - His leadership also led to significant achievements for the Tengshi brand in the MPV market, enhancing BYD's product portfolio and brand influence [1] Company Developments - Zhao joined BYD in 2009 as a regional sales manager after graduating from Central South University and quickly rose through the ranks to become the general manager of BYD Auto Sales Co., Ltd. [3] - In 2021, he took over as general manager of Tengshi Sales Company and later transitioned to the Tengshi Fangchengbao Direct Sales Division in July 2023 as part of BYD's executive rotation system [4] - His departure comes just three months after his appointment to the new role, indicating a significant shift in leadership within the company [5]

10月24日，比亚迪赵长江辞职，并在朋友圈发文表示，感恩王总与公司的包容栽培，也感谢大家的鼎力 支持，感恩在心。现今暂别，希望在工作与生活间找新节奏。 最后他表示，山高水长、未来可期。 全文如下： 赵长江（比亚迪） 致各位敬爱的领导、同事、媒体、伙伴及亲爱的车友们： 16年驰驱，奋力向前。 感恩王总与公司的包容栽培，也感谢大家的鼎力支持，感恩在心。 愿诸位前程智远、康健相伴。 山高水长、未来可期。 现今暂别，希望在工作与生活间找新节奏 祝亚迪荣光永续、再创辉煌； 责任编辑：刘万里 SF014 ...

Core Insights - Zhao Changjiang, the former general manager of BYD's Tengshi Automotive, has resigned for personal reasons, with the company confirming that the necessary procedures have been completed [1] - Zhao expressed his intention to take a break and find a new rhythm between work and life after 16 years of service at BYD [1] Group 1: Background and Career Progression - Born in 1986, Zhao joined BYD in 2009 as a sales manager and quickly rose through the ranks due to his outstanding performance in the Beijing-Tianjin region [2] - In 2017, at the age of 31, Zhao was appointed as the general manager of BYD's automotive sales company, becoming the youngest sales leader in the company's history, and played a key role in developing the Han and Tang models [2] - In 2021, Zhao was tasked with preparing a high-end brand as part of a major organizational restructuring, which later led to his appointment as the general manager of Tengshi Automotive [2] Group 2: Tengshi Brand Development - Under Zhao's leadership, the Tengshi brand was revitalized, launching models like the Tengshi D9, which achieved monthly sales of 9,000 to 10,000 units [2] - However, structural issues began to emerge, with the D9 accounting for 75% of Tengshi's total sales of 79,830 units in the first half of 2025, while other models like the N9 and Z9GT struggled with significantly lower sales [2] Group 3: Recent Developments and Speculations - In July 2025, BYD initiated a high-level executive rotation, with Zhao being reassigned to manage the direct sales business of the Fangchengbao division, aiming to leverage his user operation experience [3] - Just two months later, Zhao's resignation was announced, raising speculation that it was linked to the challenges faced by the Tengshi brand and broader strategic adjustments within the group [3] - There are rumors regarding Zhao's potential future roles, including possible positions at Huawei's Hongmeng Zhixing or other competing firms, although these remain unconfirmed [3]

Core Viewpoint - The general manager of Tengshi Fangchengbao's direct sales division, Zhao Changjiang, has confirmed his departure from BYD, stating he will take a break [1] Group 1 - Zhao Changjiang was previously the general manager of Tengshi's sales division before being appointed to the direct sales division on July 3 [1] - Li Hui has been reassigned from the general manager of Tengshi Fangchengbao's direct sales division to the general manager of Tengshi's sales division [1]

Core Viewpoint - BYD's Zhao Changjiang announced his departure from the company, expressing a desire to find a new rhythm between work and life, while wishing the company continued success and glory [1] Summary by Categories - **Company Announcement** - Zhao Changjiang officially announced his resignation via social media, indicating a temporary farewell and a focus on personal balance [1] - **Future Aspirations** - Zhao expressed hopes for BYD's ongoing success and for colleagues to have bright futures and good health [1]

Core Insights - The overall complaint index for car manufacturers increased by 39% year-on-year, reaching 163,069.85 for the first three quarters of 2025, with all but one manufacturer showing an upward trend in complaints [2] Group 1: Complaint Index by Manufacturer - BYD leads with a complaint index of 71,529.2, up 115.01% year-on-year, primarily due to issues related to new car price reductions and upgrades, with 74% of complaints stemming from this issue [4][5] - Changan Automobile ranks second with a complaint index of 9,977.1, a 34.27% increase, with major complaints about system upgrades and transmission stuttering [5] - Chery Automobile holds the third position with a complaint index of 5,118.05, up 12.73%, with complaints focused on system upgrades and engine performance [5] Group 2: Notable Increases in Complaints - Li Auto's complaint index surged by 575% to 4,160.35, mainly due to issues with lower arm noise in the L series [6] - FAW Hongqi's complaint index rose by 543.82% to 2,981.55, with complaints centered on system lag and upgrade issues [6] - The overall complaint issues are concentrated in areas such as new car pricing strategies, system upgrades, transmission problems, and engine performance [6]

Core Viewpoint - Zhao Changjiang, the general manager of Tengshi Fangchengbao's direct sales division, has resigned from BYD due to personal reasons, with no official response from BYD as of the report's publication [1] Group 1: Resignation Details - Zhao Changjiang's resignation was confirmed through an internal announcement at BYD, stating that he has completed the necessary procedures and that work handover has been arranged [1] - Zhao joined BYD in 2009 and has held various positions, including regional sales manager and general manager of BYD Auto Sales Co., before becoming the general manager of Tengshi brand division in 2021 [1] Group 2: Future Prospects - There are rumors that Zhao will join the Zhijie brand, a collaboration between Huawei and Chery, although neither Huawei nor Chery has responded to these claims as of the report's publication [1]

Core Viewpoint - Zhao Changjiang, the general manager of Tengshi Fangchengbao Direct Sales Division, has confirmed his departure from BYD, indicating a period of rest before his next move [1] Group 1: Management Changes - Zhao Changjiang joined BYD in 2009 and rose from regional sales manager to general manager of Tengshi Sales Company in 2021, overseeing the brand until July of this year [1] - On July 3, BYD officially confirmed the implementation of a senior management rotation system, resulting in Zhao's transition from Tengshi Sales Division to Tengshi Fangchengbao Direct Sales Division, while Li Hui took over Zhao's previous role [1] Group 2: Brand Development - Zhao stated that the three-year brand renewal plan has successfully completed its first two phases, achieving significant breakthroughs in both brand recognition and sales in domestic and international markets [1] Group 3: Future Prospects - There are rumors that Zhao may join Chery's Zhijie brand after leaving BYD, although this has not been confirmed by him [1]

Core Insights - The article highlights the success of a Chinese company, TaoTao Vehicle, which has achieved a market value of over 25 billion by selling low-speed electric vehicles, colloquially known as "old man vehicles," in the U.S. market [1][5][27] - The founder, Cao Matao, is portrayed as a visionary who has leveraged his family's wealth and connections to disrupt the market and achieve significant profitability [2][4][27] Company Performance - In 2024, TaoTao Vehicle reported a revenue of 2.977 billion, representing a year-on-year growth of 38.82%, and a net profit of 431 million, up 53.76% [5][9] - The company's gross margin stands at 34.98%, which is significantly higher than leading Chinese electric vehicle manufacturers like BYD and Xiaomi [5][6] - The stock price of TaoTao Vehicle has quadrupled over two years, reaching a peak of 256.49 per share [7] Market Strategy - TaoTao Vehicle has successfully penetrated the U.S. market by partnering with major retailers such as Walmart, Target, and Best Buy, establishing a strong distribution network [22][23] - The company has localized production by building factories in Texas, Florida, and California to mitigate trade barriers and enhance market presence [23] - The company has captured an impressive 82% market share in the North American golf cart segment in 2024 [25] Founder Background - Cao Matao, the founder, comes from a wealthy family but chose to pursue his own entrepreneurial path by focusing on the low-speed electric vehicle market in the U.S. [3][14] - His approach involved extensive market research and understanding consumer needs, leading to the development of products tailored for the American market [20][21] - Despite initial skepticism from his family, he received significant support, including 28.5 million in startup capital and access to patents and production resources [18][19] Future Plans - The company is planning a secondary listing in Hong Kong and aims to expand its product offerings to include robotics, collaborating with leading domestic tech firms [2][28] - Cao Matao's ambition is to continue leading the low-speed electric vehicle market while also venturing into advanced technology sectors [10][28]

Core Viewpoint - Zhao Changjiang, general manager of Tengshi Fangchengbao's direct sales division, responded to rumors of his departure by stating he would "take a break" [1] Group 1: Departure Rumors - There were circulating rumors about Zhao Changjiang's resignation due to personal reasons, with an internal announcement confirming the completion of related procedures [1] - BYD has not officially responded to the authenticity of the announcement, but insiders have confirmed its validity [1] Group 2: Career Background - Zhao Changjiang joined BYD in 2009 and progressed from a sales manager to the youngest sales company general manager in BYD's history by 2017 [1] - He played a key role in the development of the BYD Han and Tang models and later became the general manager of Tengshi, overseeing brand channel development and marketing [1] Group 3: Future Speculations - There are market speculations that Zhao's next move may involve the collaboration between Huawei and Chery to create the Zhijie brand, although he has not confirmed this [1]