BAIC Blue Valley, BAIC Capital and Beijing Hainachuan jointly invested in the establishment of BAIC Hailanxin Energy Technology Co., Ltd.

Recently, BAIC BluePark announced that it will jointly invest with BAIC Capital and Beijing Hainachuan to establish BAIC Hailanxin Energy Technology (Beijing) Co., Ltd. The company's registered capital is 390 million yuan, of which BAIC BluePark invested 50 million yuan, accounting for 12.82%. BAIC Capital invested 240 million yuan, accounting for 61.54%, and Beijing Hainachuan invested 100 million yuan, accounting for 25.64%.