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BYD Company

For the vehicle manufacturing and sales subsidiary, see BYD Auto.

BYD Company Limited
FormerlyShenzhen BYD Battery Company Limited (1995–2002)
Company typePublic
SEHK: 1211
SZSE: 002594
IndustryConglomerate
Founded10 February 1995 (1995-02-10)
FounderWang Chuanfu
Headquarters
Shenzhen, Guangdong
,
China
Area served
Worldwide
Key people
Wang Chuanfu (chairman, CEO)
Products
RevenueIncrease CN¥602.31 billion (2023)
Increase CN¥38.1 billion (2023)
Increase CN¥31.34 billion (2023)
Total assetsIncrease CN¥679.54 billion (2023)
Total equityIncrease CN¥140 billion (2023)
Owners
Number of employees
Increase 703,000 (2024)
Subsidiaries
Websitebydglobal.com
Footnotes / references
[1][2][3][4][5][6][7][8][9][10][11][12]
BYD Company
Simplified Chinese比亚迪股份有限公司
Traditional Chinese比亞迪股份有限公司

BYD Company Limited or BYD (Chinese: 比亚迪; pinyin: Bǐyàdí) is a publicly listed Chinese multinational conglomerate manufacturing company headquartered in Shenzhen, Guangdong. The company founded by Wang Chuanfu in February 1995 as a battery manufacturing company. It has several major subsidiaries, including BYD Auto which produces automobiles, BYD Electronics which produces electronic parts and assembly, and FinDreams, which produces automotive components and electric vehicle batteries.

BYD's largest subsidiary, BYD Auto, was founded in 2003 and currently is the world's largest plug-in electric vehicle manufacturer.[13] Since 2009, BYD's automotive business has contributed above 50 percent of its revenue, reaching 76 percent in 2022.[14][15] Through other subsidiaries, BYD also produces rechargeable batteries (mobile phone batteries, electric vehicle batteries and bulk storage), forklifts, solar panels, semiconductors, and rail transit network.[16][17]

Since 2022, BYD has been the privately owned company with the largest workforce in China, ranking only below several state-owned companies.[18] As of 2024, BYD employs 703,000 people, of which 102,000 are research and development (R&D) employees.

  1. ^ "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". Archived from the original on 29 March 2023. Retrieved 29 March 2023.
  2. ^ "Annual Report 2021" (PDF). BYD Global. Archived (PDF) from the original on 31 March 2022. Retrieved 6 September 2022 – via Hong Kong Stock Exchange (HKEX).
  3. ^ "BYD Company Limited (BYDDY) Company Profile & Facts - Yahoo Finance". Archived from the original on 17 April 2021. Retrieved 25 March 2021.
  4. ^ "Skyrail - BYD USA". en.byd.com/. Archived from the original on 2 May 2019. Retrieved 12 October 2023.
  5. ^ "BYD Company". Archived from the original on 28 October 2016. Retrieved 27 October 2016.
  6. ^ "Berkshire Hathaway sells $58.9 million worth of shares in China's BYD". CNA. Archived from the original on 28 July 2023. Retrieved 6 September 2023.
  7. ^ "Berkshire Hathaway sells $58.9 MLN worth of shares in China's BYD". Reuters. 8 May 2023. Archived from the original on 31 May 2023. Retrieved 9 May 2023.
  8. ^ "BYD COMPANY LIMITED : Shareholders Board Members Managers and Company Profile | CNE100001526 | MarketScreener". Archived from the original on 17 April 2021. Retrieved 1 September 2020.
  9. ^ "BYD COMPANY LIMITED : Shareholders Board Members Managers and Company Profile | CNE100001526 | MarketScreener". Archived from the original on 17 April 2021. Retrieved 1 September 2020.
  10. ^ "Samsung sells $1.3 bn stake in China's BYD, keeps watchers puzzled". Archived from the original on 17 September 2023. Retrieved 9 May 2023.
  11. ^ 定焦One (25 October 2023). "比亚迪"膨胀"：如何管好60万人？-36氪" [BYD's "expansion": How to manage 600,000 people?]. 36kr.com. Archived from the original on 24 December 2023. Retrieved 24 December 2023.
  12. ^ "【图】增长42.04% 比亚迪2023年营收6023.15亿_汽车之家" [Growth of 42.04%, BYD’s revenue in 2023 is 602.315 billion]. www.autohome.com.cn. Retrieved 27 March 2024.
  13. ^ Anna, Cooban; He, Laura (26 March 2024). "BYD's profit soared 80% in the year the Chinese EV giant overtook Tesla". CNN Business. Retrieved 29 March 2024.
  14. ^ Qu, Yingming (5 April 2023). "The Advantages of Supply Chain Integration in Electric-vehicle Industry: Evidence from BYD". Highlights in Business, Economics and Management. 7: 179–185. doi:10.54097/hbem.v7i.6940. ISSN 2957-952X.
  15. ^ "当下的比亚迪，能不能代表中国汽车？" [Can current BYD represent Chinese automobiles?]. Sina Finance. 19 August 2023. Retrieved 25 December 2023.
  16. ^ Gunther, Marc (13 April 2009). "Why Warren Buffett is investing in electric car company BYD". Fortune. Archived from the original on 27 April 2009. Retrieved 2 May 2009.
  17. ^ Cite error: The named reference :6 was invoked but never defined (see the help page).
  18. ^ "中国第一大民企诞生，坐拥60万员工-36氪" [China's largest private enterprise was born, with 600,000 employees]. 36kr.com. 21 December 2023. Retrieved 15 June 2024.

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