BYD 2024 Annual Shareholders Meeting

At BYD's 2024 Annual Shareholders' Meeting, Chairman Wang Chuanfu delivered a speech on core issues such as company strategy, technological development, and market competition. He emphasized that BYD will focus on high-end layout and improve the product strength of brands such as Denza, Fangchengbao, and Yangwang. In terms of technology, the company will increase R&D investment and focus on battery technology, hybrid systems, and intelligent platforms. Wang Chuanfu also mentioned that BYD will challenge the goal of annual production and sales of 10 million vehicles and promote China's new energy vehicle technology to become a global benchmark.