Frequent disclosure of project progress and bidding information. After annual sales exceed 4 million vehicles, BYD enters a new round of expansion cycle.

On December 6, the Changzhou Natural Resources and Planning Bureau announced the pre-approval for the construction project of the second phase of the Changzhou BYD Autos production facility. On December 4, the relevant departments in Jinan also announced the pre-approval for the second phase of the Jinan BYD New energy Fund Passenger Vehicle and parts industrial park construction project. The Shen-Shan production base completed the signing of the fourth phase project in November, which is used to expand the production of Cells and other core components of New energy Fund vehicles.

cls.cnDec 11 06:11 ET

Top 10 electric vehicle sales in November: BYD's monthly sales again exceed 0.5 million vehicles, while Chongqing Sokon Industry Group Stock unfortunately drops off the list.

① In November, 9 auto companies saw year-on-year retail sales growth, and 8 auto companies experienced month-on-month growth; ② BYD has already met its annual target, while Chongqing Sokon Industry Group Stock has dropped out of the TOP 10 list.

cls.cnDec 11 03:02 ET

ZhongAn Insurance has been authorized to use the uniform terms of the compulsory insurance in Shanghai and Zhejiang, becoming the second company after BYD Property Insurance this year.

On December 10, the official website of the National Financial Regulatory Administration disclosed that ZA ONLINE Property Insurance Co., Ltd. is authorized to use the nationally unified compulsory insurance terms, basic insurance premium rates, and corresponding adjusted premium coefficients in the Shanghai and Zhejiang regions. This follows the approval granted to BYD Property Insurance in multiple locations back in May of this year.

cls.cnDec 10 06:30 ET

Last night, china assets went "crazy."

Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.

wallstreetcnDec 9 19:27 ET

The momentum is unstoppable! BYD's annual sales are expected to surpass Ford and Honda.

In the first 11 months of this year, BYD delivered a total of 3.76 million autos, with sales reaching 506,804 units in November. The company is expected to surpass its annual sales target of 4 million units, which will lead in 2024 ahead of Japan's Honda and the USA's Ford.

wallstreetcnDec 9 08:46 ET

Over 30 photovoltaic companies will start controlling production capacity next month, and the industry is expected to usher in a turning point at the bottom.

Multiple photovoltaic module battery industry insiders confirmed to the Star Daily reporter that they have participated in signing a self-discipline agreement. Among them, a photovoltaic enterprise executive disclosed: "More than 30 enterprises have signed the self-discipline agreement this time. According to the signed self-discipline agreement, production capacity will be controlled starting from next month, and each company has quotas."

cls.cnDec 8 19:04 ET