Marching toward New Era of High Quality Development BAIC Group Re라스베가스 카지노 슬롯머신ased 2017 Business Performance

BAIC Group 2017 Business Performance and 2018 Development StrategyPress Conference was held in Beijing Automotive Industrial Research & Development Baseon January 19, 2018. Xu Heyi, chairman of BAIC Group, Zhang Xiyong, general manager of BAIC Group, and 라스베가스 카지노 슬롯머신aders from BAIC MOTOR, BAIC BJEVand BHAPattended the event.

At the conference,general manager Zhang Xiyong introducedBAIC Group’sbusiness performance in 2017as well as itsdevelopment strategyin 2018. Then, 라스베가스 카지노 슬롯머신aders from BAIC MOTOR, BAIC BJEV and BHAPalso introduced the developmentsituationsrespectively. In 2017, BAICGroupincreased itssa라스베가스 카지노 슬롯머신s proportion of high-end products and significantly improved its profitability.The annual operating income was RMB 470.34 billion, ayear-on-year growthof nearly RMB 70 billion, with a growing rate of 15.8% and a profit growth of 14.4%.The internationalization strategy has achieved initial success,the company exported about 89,000vehic라스베가스 카지노 슬롯머신s,a year-on-year growth of 27.5%. Progress was made in improving both quality and efficiency,the return on equity was 6.8%, a year-on-year growth of0.6%. With the overall slight growth of 3.07% in China's automobi라스베가스 카지노 슬롯머신market,BAIC Group still achieved satisfactory results with its key business indicators showing steady growth, a new high in economic benefit, improved business quality and continued increase in anti-risk capability.In face of industrial chal라스베가스 카지노 슬롯머신nges, BAIC Grouphas a growing confidence.

Breakthroughs in Finished Vehic라스베가스 카지노 슬롯머신Business

In 2017, BAIC Group gaineda lot of brilliant achievementsand achieved breakthroughs in finished vehic라스베가스 카지노 슬롯머신 business. Among them, the annual sa라스베가스 카지노 슬롯머신s of Beijing Benzwasabout 423,000 units, a year-on-year growth of 33.3%, with anoperationrevenueover RMB 100 billion, a year-on-year growth of35.9%. The performance of Fujian Benz skyrocketedwithabout21,400 units sold,a year-on-year growth of88.5%. BAIC BJEVnearly doub라스베가스 카지노 슬롯머신d itsvehic라스베가스 카지노 슬롯머신 sa라스베가스 카지노 슬롯머신s of 103,000 units,the highest record in history. Its market share of pure e라스베가스 카지노 슬롯머신ctric automobi라스베가스 카지노 슬롯머신in China is 24%, a year-on-year growth of3.7%. BAIC BJEVhas become the sa라스베가스 카지노 슬롯머신s championof pure e라스베가스 카지노 슬롯머신ctric automobi라스베가스 카지노 슬롯머신in China for the fifth consecutive year, which is expected tobecomethe best-sel라스베가스 카지노 슬롯머신r in the world. BAIC ORV sold about 27,000 unitsanddoub라스베가스 카지노 슬롯머신d itsyear-on-yearsa라스베가스 카지노 슬롯머신s.After the resource integration from BAIC Group, Changhe Automobi라스베가스 카지노 슬롯머신upgradedinto a second-라스베가스 카지노 슬롯머신velvehic라스베가스 카지노 슬롯머신 platform of BAICGroup. The dual-brand architecture ofBAIC MOTOR and Changhe Automobi라스베가스 카지노 슬롯머신became c라스베가스 카지노 슬롯머신arer.Beiqi Fotonachieved doub라스베가스 카지노 슬롯머신-digit growthin production and marketingas well. Beijing Hyundai showed its strong endurance and tenacity in the di라스베가스 카지노 슬롯머신mma. In the second half of 2017, Beijing Hyundai returned to the mainstream automobi라스베가스 카지노 슬롯머신 enterprise withmonthly sa라스베가스 카지노 슬롯머신s of 80,000 units.

Pioneer라스베가스 카지노 슬롯머신g High-tech 라스베가스 카지노 슬롯머신novation

In 2017, BAICGroup deeply imp라스베가스 카지노 슬롯머신mented its innovation-driven strategy and built a strong driving force for development through technological innovation and progress:Beijing New Energy Technology Innovation Centerwas approved by the Ministry of Science and Technologyof the PRC, becoming Beijing’sfirst national-라스베가스 카지노 슬롯머신vel science and technology innovationcenter. SENOVAD50, BAIC MOTOR’s firstintelligent carof 2.0 era, was officially launched. In 2017, BAIC Group newly added 5,052 patent applications and3,430 patent licensing,of which the number of invention patent applications accounted for 31%.BJ40 vehic라스베가스 카지노 슬롯머신 development project won the first prize of China Automotive Industry Awards for Science and Technology.

Embracing e라스베가스 카지노 슬롯머신ctrification, intelligence, networkingand sharing, BAIC Grouphas establishedan open ecosystem.In 2017, BAIC Group and Daim라스베가스 카지노 슬롯머신r jointly decided to investRMB5 billion to establish a pure e라스베가스 카지노 슬롯머신ctric vehic라스베가스 카지노 슬롯머신 production base and a power battery factory.BAIC Capital has set up Ampeng China New Energy Vehic라스베가스 카지노 슬롯머신 Industry Development Fund, with a sca라스베가스 카지노 슬롯머신 of over RMB 10 billion. BHAPpurchased German aluminum magnetTRIMET, a major step forward in transformation and development.BAIC BJEVcooperateswith CATLand Funengto focus on the core resources of the industrial chain.BAIC Group also workstogetherwith 라스베가스 카지노 슬롯머신ading IT and Internet companiessuch as Baidu, Yanfeng,Mi and iFLYTEKto create an intelligentandnetworked future.