Core Viewpoint - BYD is expanding its production capacity in the Shenshan area with a new project that will significantly enhance its battery manufacturing capabilities and support its international export strategy [2][3]. Group 1: Project Overview - A new project in Haifeng County, Guangdong, will involve the construction of multiple facilities, including 9 factories and a wastewater treatment station, with an annual production capacity of 50.88 million power batteries, totaling 15 GWh [2]. - The project is part of BYD's broader strategy to strengthen its industrial layout in the Shenshan region, which is crucial for its operations in Guangdong and international markets [3]. Group 2: Investment and Production Capacity - Since 2021, BYD has committed over 31.5 billion yuan to various projects in the Shenshan area, including the construction of an automotive industrial park and battery production facilities, with an expected annual output value exceeding 220 billion yuan upon full production [4][5]. - The Shenshan industrial park is the only BYD facility in China that integrates port and factory operations, enhancing logistics efficiency for exports [5]. Group 3: Battery Production and Market Performance - BYD's battery production capacity includes a 14 GWh facility in Shenzhen and a 2 GWh facility in Huizhou, focusing on lithium iron phosphate and ternary lithium batteries [6][7]. - In July, BYD's battery installations reached 22.4 GWh, a 35% year-on-year increase, with a cumulative installation of 156.9 GWh from January to July, reflecting a 76% increase compared to the previous year [7].

Core Insights - The opening of the new "Xiaomo-Australia" roll-on/roll-off shipping route enhances trade logistics between China and Australia, facilitating the export of 1,165 BYD electric vehicles [1] - Xiaomo International Logistics Port has now established its 10th roll-on/roll-off foreign trade route since its port opening, covering six major global regions including Southeast Asia, the Middle East, the Mediterranean, Europe, South America, and Australia [1] - The Xiaomo port is strategically located near BYD's Shenshan production base, allowing for efficient vehicle transportation to the port, which reduces costs and improves logistics efficiency [1] Industry Developments - The second phase of Xiaomo Port's construction is set to begin on January 8, 2025, with an expected operational date in 2028, aiming to achieve an annual transportation capacity of 1 million vehicles [2] - The port is positioning itself to become a key roll-on/roll-off foreign trade hub for the automotive industry in South China [2]