news flash·2025-05-21 01:10Core Viewpoint - Citigroup indicates that the export landscape for Chinese passenger cars has further benefited BYD in the first four months of this year, with BYD's market share in pure electric vehicle exports significantly increasing from 23% in fiscal year 2024 to 38% in the first four months of 2025 [1] Summary by Category - Market Share Growth - BYD's pure electric vehicle export market share rose from 23% in fiscal year 2024 to 38% in the first four months of 2025 [1] - Export Targets - BYD is on track to meet its export target of 800,000 to 1,000,000 vehicles for fiscal year 2025 [1] - Stock Price Adjustments - Citigroup has raised the target prices for BYD's Hong Kong and A-shares to 727 HKD and 669 RMB, respectively, following a previous increase in February [1]