BYD Auto Industry Co., Ltd.

Changzhou Faurecia Auto Parts Co., Ltd. was established with a registered capital of 10 million yuan, wholly owned by Shenzhen Faurecia Auto Parts Co., Ltd., which is jointly held by Faurecia (China) Investment Co., Ltd. and BYD Auto Industry Co., Ltd.

Daimler Greater China and BYD Auto Industry signed an equity transfer agreement to realign the structural setup of their joint venture Shenzhen DENZA New Energy Automotive. After the transfer, Daimler will hold 10% and BYD will hold 90% equity interest.

Anhui Zhongding Vibration Damping Technology, a subsidiary of Zhongding Co., has been notified that it will become a batch supplier of lightweight chassis assembly products for BYD's new energy vehicle platform project. The contract has a 4-year lifecycle with a total value of approximately 282 million yuan.

BYD and Hino signed a joint venture agreement to establish a new company in China for commercial battery electric vehicle development, with each making a 50% capital investment.