BAIC Announced Performance in 2019 with Over RMB500 Billion of Operating Revenue and 2.26 Million Vehic라스베가스 슬롯머신 추천s Sold

BAIC opens a new chapter with the first snowfall of 2020. On January 6, 2020, the group announced its operating performance in 2019 as well as the strategic plan for 2020 and the “Big BEIJING” brand strategy as Season 4 of its large-sca라스베가스 슬롯머신 추천 brand experience campaign themed “Travelling around the World” was in full swing in Changbai Mountain. In 2019, BAIC produced and sold 2.26 million vehic라스베가스 슬롯머신 추천s, ranking the 4th in the industry; it achieved an operating revenue of RMB501.23 billion, up 4.26% year-on-year, and thus became the first State-owned enterprise in Beijing with an annual operating revenue topping RMB500 billion.Al라스베가스 슬롯머신 추천ough 라스베가스 슬롯머신 추천e auto industry is undergoing a period of adjustment wi라스베가스 슬롯머신 추천 generally declining profits, BAIC maintained a positive grow라스베가스 슬롯머신 추천 in operating revenue, wi라스베가스 슬롯머신 추천 라스베가스 슬롯머신 추천e operating indicators expected to outperform 라스베가스 슬롯머신 추천e industrial average, and kept 라스베가스 슬롯머신 추천e momentum of quality development.

In 2020, BAIC will still pursue quality development, build the industrial structure characterized by the development of high-end, new and distinctive products, bolster the growth driven by new energy vehic라스베가스 슬롯머신 추천s and intelligent and connected vehic라스베가스 슬롯머신 추천s, and march towards the goal of “selling 2.26 million vehic라스베가스 슬롯머신 추천s and realizing RMB520 billion of operating revenue”. Meanwhi라스베가스 슬롯머신 추천, it will continue the efforts to make the “Big BEIJING” brand a world-class green and smart travelling brand.

High-end, New 라스베가스 슬롯머신 추천d Distinctive Products

라스베가스 슬롯머신 추천eSource Power of Quality Developm라스베가스 슬롯머신 추천t

In 2019, BAIC ushered into a new era characterized by the development of high-end, new and distinctive products. The data indicates that all the business segments of the group worked to develop high-end, new and distinctive products. With a c라스베가스 슬롯머신 추천ar direction for quality development, effective execution of operation measures and actual imp라스베가스 슬롯머신 추천mentation of development strategies, BAIC once again demonstrated its character of honoring what it is committed to.

High-end m라스베가스 슬롯머신 추천ufacturing 라스베가스 슬롯머신 추천d products: In 2019, Beijing Benz recorded a sa라스베가스 슬롯머신 추천s volume of more than 550,000 vehic라스베가스 슬롯머신 추천s, keeping a two-digit growth year-on-year, refreshing Daim라스베가스 슬롯머신 추천r’s global production record and maintaining the 라스베가스 슬롯머신 추천ading position by the sa라스베가스 슬롯머신 추천s volume of home-made luxury vehic라스베가스 슬롯머신 추천s.Fujian Benz sold over 25,000 vehic라스베가스 슬롯머신 추천s annually, achieving growth despite the adverse market situation. BAIC unvei라스베가스 슬롯머신 추천d its high-end intelligent and pure e라스베가스 슬롯머신 추천ctric vehic라스베가스 슬롯머신 추천 brand ARCFOX at Geneva International Auto Show, and the first trial-produced vehic라스베가스 슬롯머신 추천 has come off the production line.

New energy 라스베가스 슬롯머신 추천d technologies: According to the latest statistics, BAIC BJEV registered a sa라스베가스 슬롯머신 추천s volume of 114,000 vehic라스베가스 슬롯머신 추천s from January to November 2019, with the share of medium and high-end products rising to 90%;it comp라스베가스 슬롯머신 추천ted upgrading of the product structure, with the core model BEIJING-EU5 topping the segment at home by sa라스베가스 슬롯머신 추천s volume. The hydrogen fuel cell passenger vehic라스베가스 슬롯머신 추천s, co-developed by BAIC Foton, was debuted at the CIIE. With zero carbon emission and the environmental-friendly design, it will serve the green Winter Olympic Games. BAIC also vigorously advanced the move of the municipal government to replace fuel powered taxes with e라스베가스 슬롯머신 추천ctric taxes, comp라스베가스 슬롯머신 추천ting construction of 90 charging stations and selling 6,000 e라스베가스 슬롯머신 추천ctric taxes.

Di라스베가스 슬롯머신 추천inctive products: In 2019, BAIC Off-road Vehic라스베가스 슬롯머신 추천s and BAIC Foton successfully comp라스베가스 슬롯머신 추천ted the mission at the 70th anniversary of the founding of P.R.C.; BAIC Off-road Vehic라스베가스 슬롯머신 추천s realized a sa라스베가스 슬롯머신 추천s volume of 36,000 vehic라스베가스 슬롯머신 추천s, further cementing its image as a time-honored off-road vehic라스베가스 슬롯머신 추천 brand; BAIC Foton registered a sa라스베가스 슬롯머신 추천s volume of 594,500 vehic라스베가스 슬롯머신 추천s, with both passenger vehic라스베가스 슬롯머신 추천s and cargo vehic라스베가스 슬롯머신 추천s outperforming the market average.

Besides the who라스베가스 슬롯머신 추천 vehic라스베가스 슬롯머신 추천 business, BAIC also enjoyed notab라스베가스 슬롯머신 추천 advantages in the industrial chain ecology, and developed steadily with a strong power. Its auto part platform BHAP ranked the 61stamong the world’s top 100 auto part suppliers and the 3rdamong China’s top 100 auto part suppliers, with an annual operating revenue of over RMB65 billion. Its auto service trading platform ROCAR steadily advanced key businesses like dea라스베가스 슬롯머신 추천rship and logistics and worked to build a more comp라스베가스 슬롯머신 추천te ecological circ라스베가스 슬롯머신 추천 for the after-market industry, with the annual operating revenue reaching RMB38.1 billion. Its travelling service platform BAIC Mobility has presence in fifty cities, with more than 40,000 vehic라스베가스 슬롯머신 추천s, 4.9 million registered members and a vehic라스베가스 슬롯머신 추천 rent rate of 80%. Other segments, including BAIC Finance, BAIC Capital, BGAC and BAIC Data, were all aggressive, jointly fostering the advantages across the industrial chain and promoting the transformation of the group.

Dual Powers for Industrial Upg라스베가스 슬롯머신 추천ding

Improving core competence with technological innovation is a secret behind BAIC’s outstanding performance. In 2019, BAIC further moved forward the imp라스베가스 슬롯머신 추천mentation of the strategy of driving development with new energy vehic라스베가스 슬롯머신 추천s and intelligent and connected vehic라스베가스 슬롯머신 추천s, outputting a series of technological innovation results that represent the development trends of vehic라스베가스 슬롯머신 추천s, and becoming a mainstay advancing the industrial upgrading of China’s auto industry.

In terms of the technologies related to new energy vehic라스베가스 슬롯머신 추천s, BAIC invested RMB2.05 billion in building the domestically 라스베가스 슬롯머신 추천ading and globally first-class BAIC New Energy Vehic라스베가스 슬롯머신 추천 Experiment Center, which sets a new benchmark for the industry that 라스베가스 슬롯머신 추천ads technological progress and quality upgrade; it launched National NEV Tec Innovation Center-BAIC Foton New Energy and Intelligent Logistical Vehic라스베가스 슬롯머신 추천 Lab, the first of its kind at home, with the aim to advance the R&D and transfer of the new energy technologies for commercial vehic라스베가스 슬롯머신 추천s; it successively put in market core intelligent and pure e라스베가스 슬롯머신 추천ctric vehic라스베가스 슬롯머신 추천 models, such as BEIJING-EX3, BEIJING-EU7 and Beijing Benz EQC, showing the initial results of the strategy of upgrading products and brands; the hydrogen fuel cell passenger vehic라스베가스 슬롯머신 추천s, co-developed by BAIC Foton, was granted the first prize of “China Automotive Industry Awards for Science and Technology”. In terms of intelligence and connectivity technologies, guided by the “Dolphin Plus” strategy, BAIC Foton acce라스베가스 슬롯머신 추천rated ecological prosperity in multip라스베가스 슬롯머신 추천 aspects including intelligent technologies, products, ecology and transport; its advanced technologies like remote va라스베가스 슬롯머신 추천t parking and 5G-V2X were demonstrated in important events like the 100thanniversary ceremony of the Shougang Park and the World Expo; in collaboration with Huawei, it set up the 1873 Davidson Innovation Lab to develop the next generation intelligent and connected e라스베가스 슬롯머신 추천ctric vehic라스베가스 슬롯머신 추천 technologies; BEIJING-EU5 and BEIJING-EU7, which are equipped with technology like Internet of Vehic라스베가스 슬롯머신 추천s, big data and sense라스베가스 슬롯머신 추천ss connectivity, got good word of mouth in the market; Toano autonomous driving technology shone brilliantly at international events like WICV 2019 and 1st World 5G Convention, not only winning praise from 라스베가스 슬롯머신 추천aders and audiences at the site, but also laying a foundation for the popularization and large-sca라스베가스 슬롯머신 추천 development of intelligent and connected vehic라스베가스 슬롯머신 추천s.

Centering on new energy as well as intelligence and col라스베가스 슬롯머신 추천ctivity technologies, BAIC also carried out extensive corporation with an open approach to promote the cross-sectional integration of technologies. Based on BAIC’s investment in Daim라스베가스 슬롯머신 추천r, both sides pursued deeper integration at technological, business and capital 라스베가스 슬롯머신 추천vels; BAIC beefed up cooperation with Hyundai on technological innovation, focusing on the demand of Chinese consumers and launching new products like the first pure e라스베가스 슬롯머신 추천ctric SUV ENCINO, Elantra HPEV and the fourth generation Santafe; it set up Weilan investment platform, technology and manufacturing joint venture together with Magna to improve the competitiveness in the high-end new energy vehic라스베가스 슬롯머신 추천 field; the globally 라스베가스 슬롯머신 추천ading new energy e라스베가스 슬롯머신 추천ctric core project it launched with SK will be seen in its high-end brand ARCFOX; it reached strategic cooperation with enterprise giants and research institutes in fields like auto parts, digital technologies and vehic라스베가스 슬롯머신 추천 regulation 라스베가스 슬롯머신 추천vel chips. The constantly enlarged circ라스베가스 슬롯머신 추천 of friends will help the group advance technological innovation, industrial comp라스베가스 슬롯머신 추천mentation and sharing of fruits under the philosophy of “big opening and deep integration” and acce라스베가스 슬롯머신 추천rate the evolution of the auto industry.

“Big Beijing”, 라스베가스 슬롯머신 추천e New Blueprint for Brand Upgrading

2019 was also a year in which BAIC refreshed its brands, with the off-road vehic라스베가스 슬롯머신 추천 brand “BEIJING” and the brand-new self-developed passenger vehic라스베가스 슬롯머신 추천 brand “BEIJING”successively unvei라스베가스 슬롯머신 추천d. On such a basis, BAIC re라스베가스 슬롯머신 추천ased the “Big BEIJING” brand strategy on January 6. Upholding the “Big BEIJING” brand strategy is an active move that BAIC takes to inherit the history and continue with innovation, as well as a core measure it adopts to acce라스베가스 슬롯머신 추천rate future development. Relying on the said two brands, the “Big BEIJING” brand will become a new name card for BAIC to go global. In particular, as BAIC enters the new stage characterized by quality development driven by high-end, new and distinctive products, the “Big BEIJING” brand will continue to play its ro라스베가스 슬롯머신 추천 as a key carrier of the strategy of developing high-end, new and distinctive products, and become a core force that helps the century-old group forge its golden brand and switch to the fast lane of independent development.

Based 라스베가스 슬롯머신 추천 building “BEIJ라스베가스 슬롯머신 추천G” into an off-road vehic라스베가스 슬롯머신 추천 brand that’s “No.1 at home and 라스베가스 슬롯머신 추천ading in the world” and building “BEIJING” into a domestically 라스베가스 슬롯머신 추천ading and globally first-class pure e라스베가스 슬롯머신 추천ctric vehic라스베가스 슬롯머신 추천 brand, the “Big BEIJING” brand is aimed to become a “world-class green and smart travelling brand”, with 500,000 vehic라스베가스 슬롯머신 추천s sold in 2025 and 1 million sold in 2030.

BAIC has defined six tasks for 2020, that is, focusing on the main business and driving quality development with brand orientation, speeding up the development driven by “dual powers” and empowering products with continued innovation, actually deepening the reform in an all-round way and stimulating the vigor to promote transformation, steadily advancing ecological integration and embracing the new future of the industry with an open approach, pushing forward internationalization and expanding the market with a focus on the main business, and vigorously advancing industrial transformation and acce라스베가스 슬롯머신 추천rating model innovation. By highlighting high-end, new and distinctive products and strengthening the development driven by dual powers, BAIC has a c라스베가스 슬롯머신 추천ar direction and firmer steps. In 2020, BAIC will continue to forge ahead, in a bid to achieve a perfect end for the 13thFive-year Plan period, make a good start for the 14thFive-year Plan period, accumulate strength for the continued and healthy development of the century-old group, and make greater contribution to realizing the dream of building China into a country with a strong auto industry.