2025-09-16 13:54Group 1: Competitive Strategy - BYD is committed to strengthening core technology and enhancing product competitiveness to respond to intensified competition in the automotive industry [2] - The company emphasizes consumer demand and continues to develop a multi-brand matrix [2] - BYD actively collaborates with upstream and downstream partners to promote sustainable development in the automotive industry [3] Group 2: International Market Expansion - BYD's overseas sales of passenger cars and pickups exceeded 630,000 units from January to August 2025, positioning the company among the top sellers of new energy vehicles in multiple countries [4] - The company is expanding its product line and enhancing its global supply chain to capitalize on international market opportunities [4] - High-end brands "Denza" and "Yangwang" are being introduced to various overseas markets as part of BYD's globalization strategy [4] Group 3: Brand Development and Innovation - BYD focuses on innovative technologies to build a high-end brand core, aiming to meet diverse consumer needs for safety, intelligence, and environmental sustainability [5] - The "Denza" brand is positioned as a luxury new energy vehicle brand, covering multiple vehicle types and emphasizing user-centered design [6] Group 4: Research and Development Investment - In the first half of 2025, BYD's R&D expenses reached 30.88 billion RMB, focusing on core technology innovations and sustainable development [6] - The company plans to continue increasing R&D investments to meet the diverse needs of consumers [6] Group 5: Market Value Management - BYD implements cash dividends and stock repurchase strategies to enhance shareholder value, with a planned cash dividend of 39.74 RMB per 10 shares for the 2024 fiscal year [7] - The company has completed a stock purchase plan for employees, acquiring 10.71 million shares, representing 0.3526% of total shares [7] - Senior management and key personnel have increased their holdings in the company, demonstrating confidence in BYD's future [7] Group 6: Future Industry Layout - BYD is actively exploring the field of embodied intelligent robotics, leveraging its strong technology and industry chain to foster new business models [7]