BYD Co., Ltd. (hereinafter referred to as “BYD”) was established in February 1995, headquartered in Shenzhen, Guangdong Province. Its business spans four major industries: automobile, rail transit, new energy, and electronics. It is among the Fortune 500 Companies and listed in Hong Kong and Shenzhen. As of now, BYD employs more than 600,000 people and has applied for over 40 thousand patents and more than 28,000 authorized worldwide. BYD Group’s revenue in 2022 was 424.06 billion yuan, an increase of 96.2% year-on-year, which realized a comprehensive outbreak of technology, products, and market, and formed a new situation in which passenger cars were the leader and major industries developed synergistically.BYD shoulders the responsibility and mission of the times, firmly embraces the wave of automobile electrification, establishes itself as the leader of new energy vehicles in China and the world, and paved a green innovation and development road.