比亚迪，新纪录！

Core Viewpoint - BYD has set a record for the largest equity refinancing in the global automotive sector over the past decade, raising $5.6 billion through a placement of 129.8 million H-shares at HKD 335.2 per share, showcasing strong investor confidence in its growth prospects and the electric vehicle industry's future [1][3]. Group 1: Financing and Investment - The recent H-share placement is the largest equity refinancing project in the automotive industry and the second-largest in Hong Kong's market history [1]. - The transaction attracted numerous top-tier long-term investors, sovereign funds, and strategic investors from the Middle East, indicating robust demand with multiple times coverage of subscription orders [1]. - Al-Futtaim family office from the UAE participated as a strategic investor, aiming to deepen collaboration in the new energy vehicle sector [1][2]. Group 2: Product Launch and International Expansion - On February 26, BYD launched four new electric commercial vehicle models in the UAE, including the ETM6 electric truck and B12 electric bus, all equipped with advanced blade battery technology [2]. - BYD's "Hi-Tech Week" event in Nepal showcased a range of its models, marking the first time all brands were presented in the South Asian market [2]. - As of the end of 2024, BYD's electric vehicles will be present in over 100 countries across six continents, positioning the company among the top sellers in multiple markets [3]. Group 3: Business Growth and Market Performance - BYD's stock price reached HKD 363.6 per share as of March 3, reflecting an over 88% increase year-on-year, driven by significant business growth [4]. - In 2024, BYD sold over 4.25 million new energy passenger vehicles, a year-on-year increase of 41.1%, maintaining its position as the global leader [4]. - In the first two months of 2025, BYD's cumulative sales of new energy vehicles reached 623,400 units, marking a 92.52% year-on-year growth [4].