FOTON(SH:600166) Zhong Guo Xin Wen Wang·2025-11-17 03:48Core Viewpoint - BAIC International has launched the new B30 model in Johannesburg, South Africa, marking a significant step in its international strategy and commitment to the African market [1] Group 1: Company Strategy - South Africa is a key market for BAIC's overseas operations and an essential part of its internationalization strategy [1] - The company plans to continue focusing on South Africa as a hub to expand into the African region, enhancing product, brand, and service offerings [1] - BAIC aims to deepen local engagement and service, while expanding local production to support the development of the local manufacturing industry and job growth [1] Group 2: Industry Context - The automotive industry is emerging as a new growth point in the economic cooperation between China and South Africa, with increasing investments from Chinese automakers like BAIC, Chery, Great Wall, and BYD in the South African and African markets [1]