Core Insights - BYD has recently obtained a new invention patent titled "Method for Estimating the Number of Signal Sources, Device, Method for Estimating Direction of Arrival, Radar System, and Vehicle" with application number CN2025106167 [1] - In 2023, BYD has received a total of 3,002 patent authorizations, representing a 41.8% increase compared to the same period last year [1] - For the fiscal year 2024, BYD invested 53.195 billion yuan in research and development, which is a year-on-year increase of 34.42% [1] Investment and Business Activities - BYD has made investments in 104 companies and participated in 991 bidding projects [1] - The company holds 3,025 trademark records, 37,239 patent records, and 134 copyright records [1]