2024-09-13 10:51Group 1: Financial Performance - BYD reported a mid-year revenue of CNY 301.13 billion, a year-on-year increase of 15.76% [2] - The net profit for the same period was CNY 13.63 billion, reflecting a year-on-year growth of 24.44% [2] - Research and development investment reached CNY 20.18 billion, up 41.64% year-on-year, marking a historical high [2] Group 2: Sales and Production Milestones - Cumulative sales of new energy vehicles from January to July 2024 reached 1.955 million units, a year-on-year increase of 28.83% [2] - BYD achieved a significant milestone by rolling off its 8 millionth new energy vehicle in early July [2] Group 3: Global Expansion - BYD's Uzbekistan factory commenced mass production of new energy vehicles on June 27, 2024, with an initial annual capacity of 50,000 units [3] - The company celebrated the completion of its factory in Thailand on July 4, 2024, marking a new chapter in its global expansion [3] Group 4: High-end Brand Development - BYD's high-end brand, Yangwang, showcased its product lineup at the Chengdu International Auto Show on August 30, 2024, featuring innovative functionalities [4] Group 5: Technological Innovations - BYD introduced the industry-first dual-loop multi-modal AI, the Xuanji AI model, enhancing vehicle intelligence across over 300 scenarios [4] - The company launched a smart vehicle architecture, enabling advanced perception and control capabilities [4] Group 6: Rankings and Recognition - BYD ranked 143rd on the Fortune Global 500 list as of August 5, 2024, marking the largest annual increase among automotive companies [4] - Cumulative R&D investment has reached CNY 140 billion, with over 48,000 patent applications filed globally [4]