Home / Metal News / Minor Metals / [4.22 Lithium Express] BYD's net profit for the whole of last year was down 42% from the same period last year * Volkswagen is about to take over the acquisition of Guoxuan Tech from 20% to 30%.
[4.22 Lithium Express] BYD's net profit for the whole of last year was down 42% from the same period last year * Volkswagen is about to take over the acquisition of Guoxuan Tech from 20% to 30%.
Apr 22,2020 09:46CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

The Information Office of the State Council is scheduled to hold a press conference at 10:00 on Monday, April 20, 2020. Peng Huagang, secretary general of the State Council State assets Supervision and Administration Commission and spokesman, briefed Peng Huagang, secretary general of the State Council State assets Supervision and Administration Commission, on the economic operation of central enterprises in the first quarter of 2020. Among them, automobile enterprises are affected by the difficulty of reworking sales terminals and suppliers. Sales fell by more than 30% compared with the same period last year, and profits decreased by 10 billion in the first quarter compared with the same period last year. Dongfeng, in particular, is at the center of the epidemic, so the impact will be even greater.

[Volkswagen is about to take over the acquisition of a stake in Guoxuan Hi-Tech from 20% to 30%] Volkswagen Group's acquisition of a stake in Chinese electric car battery maker Guoxuan Hi-Tech Co., Ltd. has made new progress in recent days: according to people close to the incident, Volkswagen Group has been approved by the board of directors for the acquisition of Guoxuan Tech stake. It will become the largest shareholder of Guoxuan Hi-Tech by means of private placement and equity transfer. Volkswagen will become the largest shareholder in Guoxuan Tech through a private placement of not more than 30% of its shares and the transfer of part of its stake by agreement, and will further become the controlling shareholder of Guoxuan Hi-Tech in the next three years.

[BYD's 1.614 billion net profit for the whole of last year fell 42 percent from the same period last year] on April 22, BYD released its 2019 annual report. From January to December 2019, the company realized 127.739 billion yuan in operating income, down 1.78% from the same period last year. The automobile industry has disclosed an average annual income growth rate of-5.95% for individual stocks. The net profit belonging to the shareholders of listed companies was 1.614 billion yuan, down 41.93% from the same period last year. The automobile industry has disclosed that the average net profit growth rate of individual stocks is-29.45%, and the company's earnings per share is 0.50 yuan.

[BYD EV&DM officially opened for pre-sale] A few days ago, we learned from BYD officials that as BYD's new flagship model, the Han EV and the plug-in hybrid DM, the pre-sale price may start at 290000 yuan. At the same time, the Biadihan EV will be the first mass-produced model to be equipped with blade batteries. Blade batteries have higher technological innovation and can almost be tested at the "ceiling" level in terms of safety, and through needling tests, smokeless, fire-free and stable conditions are essential for new energy models. Secondly, the range of battery life has also been improved, the specific energy density of the battery is increased by 50%. The integrated operating mileage of Biadihan EV NEDC can reach 605 km, with more than 3000 times of charge and discharge and a service life of 1.2 million km.

[Xuda Pure Electric cars will be exported to Germany] on April 20, Henan Xuda Electric vehicle Technology Co., Ltd. held the first launch ceremony for the export of pure electric cars to Germany, approving 12000 SA01BC trolley models to be shipped from Tianjin Port to D ü sseldorf, Germany. The first Xuda SA01BC pure electric car exported to Germany is a three-compartment compact car with a body length, width and height of 4417x1737x1576 mm and a complete mass of 1390 kg. The SA01BC is equipped with a smart interconnect system that supports human-computer voice interaction, remote control, and online entertainment. The continuous mileage of SA01BC is 305km, and the maximum speed can reach 130km / h.

[Yinlong New Energy 18-meter dolphin car officially put into operation in Luoyang] April 21, Luoyang bus Group held Yinlong New Energy 18-meter dolphin bus opening ceremony, leaders at all levels gathered in Dingdingmen Square to welcome the arrival of this happy event! The Yinlong New Energy 18-meter dolphin bus was put into operation, marking the return of the articulated bus to the Luoyang bus stage after 14 years.

[Hainan Province accelerates the promotion of clean energy vehicles in the field of transportation] it is reported that the Hainan Provincial Department of Communications and Transport recently issued a work circular, demanding that the competent departments of transportation in various cities and counties (districts) continue to do a good job in the annual promotion and application of clean energy vehicles in the field of transportation, speed up the promotion of clean energy vehicles in the field of transportation, and advocate green travel. According to the notice, 100% of the new and replaced buses, parade taxis and online booking taxis in 2020 will use clean energy vehicles, and the proportion of new energy vehicles in new and replaced buses will not be less than 90%.

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