Nan Fang Du Shi Bao·2025-05-13 06:34Core Points - BYD's wholly-owned subsidiary, Dongguan Fudi Power Co., Ltd., acquired a land parcel in Dongguan for 99.38 million yuan, marking the third industrial land acquisition by BYD in the area, totaling approximately 1.26 million square meters and an investment of about 10.5 billion yuan to support the high-quality development of the Dongguan new energy vehicle industry [2][5] Group 1 - The newly acquired land (2025WT027) will be developed into the "Xiegang BYD New Energy Vehicle Key Components Expansion Project (Phase II)," covering an area of 135,204.96 square meters with a total investment of 954 million yuan, focusing on the production of key components such as electric spray and motor controllers [5] - The project is required to commence construction by June 11, 2026, and be completed by June 11, 2029 [5] - In December of the previous year, BYD acquired another land parcel (2024WT129) for 317.6 million yuan, which is part of the "Dongguan BYD New Energy Vehicle Key Components Project," covering 432,097.73 square meters [5][6] Group 2 - The 2024WT129 land project has a fixed asset investment requirement of at least 3.046 billion yuan and is expected to generate an annual output value of no less than 5.33 billion yuan, focusing on the R&D and manufacturing of key components for new energy vehicles [6] - Earlier, in late 2022, BYD acquired another land parcel (2022WT065) for 511.81 million yuan, aimed at developing the "Dongguan BYD New Energy Vehicle Key Components Project," with a total investment of 6.5 billion yuan and an expected annual output value of around 17 billion yuan [6] - Xiegang Town has shown rapid economic growth in the first quarter of 2025, with a GDP of 3.855 billion yuan, a year-on-year increase of 20.4%, and leading the city in several key economic indicators [7]