BAIC Group: Revenue of 480.3 billion yuan in 2023

BAIC Group announced its 2023 operating results, with annual vehicle sales exceeding 1.708 million units, a year-on-year increase of 17.6%. Among them, sales of self-owned passenger cars were 190,000 units, a year-on-year increase of 69.1%; sales of self-owned commercial vehicles were 634,000 units, a year-on-year increase of 36.7%; exports were 190,000 units, a year-on-year increase of 73.5%. In 2023, the company achieved operating income of 480.3 billion yuan and output value in Beijing of 292.4 billion yuan.