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BYD Company

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BYD Company
Public
IndustrieConglomerate
FoonditFebruar 1995; 29 years ago (1995-02)
FoonderWang Chuanfu
HeidquartersShenzhen, Guangdong, China
Area served
Worldwide
Key fowk
Wang Chuanfu (Chairman, CEO)
ProductsGasoline and electric cars, battery-powered bicycles, buses, trucks, forklifts, monorail train and buses, photovoltaic modules (solar panels), face masks, rechargeable batteries, energy storage and handset components.
RevenueIncrease RMB 424 billion (2022)[1]
Increase RMB 16.6 billion (2022)[1]
Tot assetsIncrease RMB 295.78 billion (2021)[2]
Tot equityIncrease RMB 104.24 billion (2021)[2]
Awner
Nummer o employees
Increase c.288,200 (2021)[2][9]
Subsidiaries
Wabsteidwww.byd.com
BYD Company
Semplifeed Cheenese比亚迪股份有限公司
Tradeetional Cheenese比亞迪股份有限公司

BYD Company Limited (SEHK: 1211) (simplifeed Cheenese: 比亚迪股份有限公司; traditeeonal Cheenese: 比亞迪股份有限公司; pinyin: Bǐyàdí Gǔfēn Yǒuxiàn Gōngsī) is a Cheenese manufacturer o automobiles an rechargeable batteries[11] based in Shenzhen, Guangdong province. Hailed for its innovations, BYD haes grown tae become a major manufacturer o rechargeable batteries, maist notably mobile phone batteries.

History

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Founded in the Februar o 1995[11] an leetit on the Hong Kong Stock Exchange on July 31,[12][13] 2002,[14] BYD Co Ltd began as a rechargeable-battery factory, competin in the Cheenese market against Japanese imports.[15] The foonder admits tae haein studied patents awned bi Sanyo an Sony, twa companies that later brocht IP lawsuits against BYD.[15]

BYD grew quickly; athin ten years capturin mair nor hauf the warld's mobile-phone battery market[16] an becomin the lairgest Cheenese manufacturer (an in the top fower warldwide) o aw types o rechargeable batteries.[15] Replacin wirk done bi machines wi cheap, local labor lowered costs,[16] an the company began expandin ayont batteries, addin automobiles an mobile phone components.

BYD Auto Co Ltd wis born a year efter the 2002 acquisition o Tsinchuan Automobile Co Ltd,[13] an mobile phone components wur addit tae its product line aroond the same time. But the mobile phone business, BYD Electronic, wis spun aff in 2007.[12][13][17]

The name BYD mey be an acronym derived frae either the company's Cheenese name[15] or frae the phrase "build yer dreams".[18]

BYD an aa derives income frae the lease o investment properties.[12]

References

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  1. ↑ a b "比亚迪(002594.Sz)发2022年度业绩，新能源乘用车年销量创新高，净利增446%至166亿元，拟10派11.42元".
  2. ↑ a b c d e f g h "Annual Report 2021" (PDF) (in Inglis). BYD Global. Retrieved 6 September 2022 – via Hong Kong Stock Exchange (HKEX).
  3. ↑ a b "BYD Company". Archived frae the original on 28 October 2016. Retrieved 27 October 2016.
  4. ↑ "Berkshire Hathaway sells $58.9 million worth of shares in China's BYD". CNA. Archived frae the original on 28 Julie 2023. Retrieved 6 September 2023.
  5. ↑ "Berkshire Hathaway sells $58.9 MLN worth of shares in China's BYD". Reuters. 8 Mey 2023.
  6. ↑ "BYD COMPANY LIMITED : Shareholders Board Members Managers and Company Profile | CNE100001526 | MarketScreener". Archived frae the original on 17 Apryle 2021. Retrieved 1 September 2020.
  7. ↑ a b "BYD COMPANY LIMITED : Shareholders Board Members Managers and Company Profile | CNE100001526 | MarketScreener". Archived frae the original on 17 Apryle 2021. Retrieved 1 September 2020.
  8. ↑ "Samsung sells $1.3 bn stake in China's BYD, keeps watchers puzzled".
  9. ↑ "BYD Company Limited (BYDDY) Company Profile & Facts - Yahoo Finance". Archived frae the original on 17 Apryle 2021. Retrieved 25 Mairch 2021.
  10. ↑ "Skyrail - BYD USA". en.byd.com/ (in Inglis). Retrieved 12 October 2023.
  11. ↑ a b Company Profile Archived 2009-04-27 at the Wayback Machine BYD Official Site
  12. ↑ a b c "BYD Co Ltd 2008 Annual Report" (PDF). Archived frae the original (PDF) on 8 Julie 2011. Retrieved 12 October 2010.Archived 2011-07-08 at the Wayback Machine
  13. ↑ a b c Company Profile Archived 2009-08-26 at the Wayback Machine BYD Auto Official Site
  14. ↑ to BYD[deid airtin] Company Introduction, BYD Official Site
  15. ↑ a b c d Marc Gunther (13 Apryle 2009). "Why Warren Buffett is investing in electric car company BYD". Fortune. Retrieved 2 Mey 2009. Italic or bold markup not allowed in: |publisher= (help)
  16. ↑ a b China, Inc. By Ted Fishman Google Books, page 215
  17. ↑ "00a.Cover 2-30049e" (PDF). Archived frae the original (PDF) on 10 October 2008. Retrieved 12 October 2010.Archived 2011-07-08 at the Wayback Machine
  18. ↑ A Small Showing, but With Big Dreams NICK BUNKLEY Published: January 12, 2009
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