BYD Wang Chuanfu: Global industrial chain cooperation needs to continue to deepen

On September 20, 2023, Hefei, China held the grand World Manufacturing Conference. This grand event, hosted by the Ministry of Industry and Information Technology, the State-owned Assets Supervision and Administration Commission of the State Council, and the Anhui Provincial People's Government, has a total of 7 exhibition halls with a total exhibition area of ​​80,000 square meters, setting a record. This exhibition attracted many exhibitors from the global manufacturing field, who brought a series of innovative products, cutting-edge technologies and application cases, including highlights in the fields of artificial intelligence, high-end equipment and quantum technology

BYD Wang Chuanfu, Chairman and President of the Company, delivered an important speech at the opening ceremony. He pointed out that the manufacturing industry is currently undergoing a profound change, moving towards high-end, intelligent and green directions, injecting new impetus and opportunities into the global economic recovery. He particularly emphasized that the high-quality development of the manufacturing industry is inseparable from the division of labor and cooperation in the global industrial chain, and it also needs to be fully integrated into the global market to promote domestic and international dual-cycle development.

According to the editor’s understanding, BYD Group is a well-known new energy vehicle manufacturer in China and is also involved in mobile phone parts, secondary rechargeable batteries, photovoltaics and other fields. According to the latest 2023 semi-annual report, BYD achieved a net profit of 10.95 billion yuan in the first half of the year, a year-on-year increase of 204.68%, and revenue reached 260.124 billion yuan, a year-on-year increase of 72.72%. Among them, the revenue of the automobile business was 208.824 billion yuan, a year-on-year increase of 91.11%

BYD said that the new energy vehicle market share further expanded in the first half of the year, reaching 33.5%, an increase of 6.5 percentage points from last year, and continued to stabilize It has a leading position in China's new energy vehicle industry and has continuously topped the list of global sales, and its brand influence continues to expand. Rewritten content: According to BYD's statement, the new energy vehicle market share further expanded in the first half of the year, reaching 33.5%, an increase of 6.5 percentage points from last year, consolidating the company's leading position in China's new energy vehicle industry, and retaining the title of Ranking first in global sales, brand influence continues to expand

BYD has made major breakthroughs in core technologies, especially in the fields of motors and semiconductors. At the beginning of this year, the company launched a four-motor platform architecture called "Yisifang", which can realize the driving, braking, forward and reverse of a single wheel, representing the leading level of new energy vehicle motor technology. In addition, BYD has a complete industrial chain in the semiconductor field, from chip design, wafer manufacturing to system-level application testing. It has successfully used SiC modules in motor drive controllers for high-end models and conducted research on automotive-grade MCU chips. Technology Upgrading

This World Manufacturing Conference provides a platform for enterprises in various industries to display innovation results and exchange and cooperate. It also once again highlights China's important position and potential in the manufacturing field. As a representative of China's manufacturing industry, BYD has not only performed well in the field of new energy vehicles, but has also made outstanding achievements in core technology and innovation, making positive contributions to the high-quality development of China's manufacturing industry

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