Core Viewpoint - The recent election of Lian Yubo as an academician of the Chinese Academy of Engineering highlights the significant contributions of BYD in the electric vehicle sector, particularly in technological innovation and research investment [1][4]. Company Overview - Lian Yubo, the newly elected academician, has been with BYD for over 20 years, leading the development of key technologies such as the world's first plug-in hybrid vehicle F3DM and China's first pure electric vehicle e6 [5][6]. - BYD has maintained a strong focus on research and development, with R&D expenses consistently exceeding net profits since 2018 [1][6]. Financial Performance - From 2018 to the first three quarters of 2025, BYD's cumulative net profit reached 136.32 billion yuan, while R&D expenses totaled approximately 181.2 billion yuan [2][6]. - In 2021, BYD reported a net profit of 3.045 billion yuan, a year-on-year decrease of 28.08%, while R&D expenses increased by 7.05% to 7.991 billion yuan [6]. R&D Investment and Growth - BYD's R&D personnel count is projected to reach 121,600 by the end of 2024, an increase of 18.24% from the previous year, with a strong emphasis on innovation and patent applications [7]. - The company has adopted a "technology first, innovation-based" philosophy, leading to significant advancements in the industry, including the launch of the "Super e-platform" and the "Universal Intelligent Driving" strategy [7]. Sales Performance - In the first ten months of 2025, BYD's sales reached 3.7019 million units, reflecting a year-on-year growth of 13.88% [7].

Core Points - The article highlights the recognition of Lian Yubo, the chief scientist of BYD, who has been elected as an academician of the Chinese Academy of Engineering, underscoring his significant contributions to the rise of China's automotive industry and BYD's leadership in the electric vehicle sector [1][12] - Lian Yubo is credited with developing BYD's comprehensive new energy technology, which has positioned the company as a leader in the global automotive market [1][10] Group 1: Background of Lian Yubo - Lian Yubo was born in 1964 in Yizheng, Jiangsu, and initially aspired to work in aviation, studying at Nanjing University of Aeronautics and Astronautics [1] - After being redirected to the automotive industry, he spent years acquiring automotive knowledge and skills, eventually becoming the deputy chief engineer at Yizheng Automobile Factory [1][3] - Lian Yubo joined BYD in 2004, where he established the company's R&D center in Shanghai and began building a team of engineers [1][4] Group 2: Contributions to BYD - Lian Yubo played a crucial role in developing BYD's first widely recognized compact car, the F3, which sold over 100,000 units in less than a year, marking a significant achievement for the brand [4][6] - Under his leadership, BYD launched several successful models, including the F0 and F6, while also focusing on the development of new energy vehicles [4][5] - Lian Yubo was instrumental in the creation of BYD's DM-i hybrid technology and the e6 electric vehicle, which validated the company's self-developed technologies [5][6][9] Group 3: Technological Innovations - Lian Yubo's engineering team at BYD has introduced several advanced technologies, including silicon carbide power control, blade batteries, and innovative vehicle architectures [9][10] - His leadership has been pivotal in transforming BYD from a secondary player in the automotive market to the largest car manufacturer in China, with an annual production and sales volume of 4 million vehicles [8][10] - The recognition of Lian Yubo as an academician reflects the broader advancements in China's new energy and smart automotive sectors, highlighting the importance of technological leadership in the industry [11][12]