Established in February 1995, BYD Company Limited is a Hong Kong listed company with private enterprise background (SEHK: 1211). It is a key high-tech enterprise in China specializing in IT, automobile and new energy, with integrated research, development, manufacturing and sales. By the end of 2008, the company’s total assets approached RMB32.9 billion with its net assets surpassing RMB13.3 billion.
BYD’s employees and industrial parks have increased drastically during the BYD’s rapid development. BYD has developed from 20 employees in 1995 to a corporation with more than 150,000 employees and 10 industrial parks across China in 2009, including sites in Guangdong, Beijing, Shaanxi, Shanghai, and Changsha, totaling nearly 16,000,000 sq. m. It also has offices in the United States, Europe, Japan, South Korea, India, Taiwan, Hong Kong and other regions.
BYD has earned a large and stable customer base owing to its reliable product quality. Currently, its IT Business Unit’s customers include international cell phone giants Nokia, Motorola, Samsung, Sony Ericsson, Kyocera, Phillips, prominent domestic cell phone companies Huawei, ZTE, Lenovo, as well as cordless phone experts Vtech, Panasonic, and Sony.
On January 22, 2003, BYD purchased Xi’an Tsinchuan Auto Co., Ltd. (now BYD Auto Co., Ltd.) and officially entered the auto industry. As a rapidly growing and innovative auto company, BYD’s auto products and services include fuel and electric vehicles as well as auto molding and auto parts manufacturing. Its selection of vehicles include traditional high quality fuel vehicles F3, F3R, F6, F0, G3, hardtop convertible S8, and dual mode electric vehicles F3DM. In the near future, BYD will build up its various product lines including F series, S series, M series, G series and L series, become a leader in the market with its excellent quality and reasonable price, and commercialize dual mode and pure electric vehicles in order to lead the world into a new era of electric vehicles.
BYD is committed to developing new green energy. It has developed electric vehicles, energy storage stations, solar power stations and other green energy projects. In the future, BYD will continue to lead the new energy revolution and help more countries in the world to get rid of oil pollution problems and relevant economic problems. All the people in the world will benefit from China’s technological innovation! Facing unprecedented changes and turbulent environment in the 21st century, BYD group will continuously progress, innovate, pursue excellence, and step into a brilliant future with its global partners.
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