Laporan Setengah Tahun BYD 2026 telah dikeluarkan, hasil jualan 344.8 bilion, untung bersih 12.3 bilion, bayaran cukai 22.3 bilion, pelaburan R&D 28.9 bilion, adakah ini dianggap rugi untuk melabur dalam teknologi? Sesuai memang gelaran "Raja R&D"!

Saya rasa, ini justru menonjolkan asas perkembangan yang stabil dan berterusan! Walaupun ada 167.4 bilion tunai dalam akaun, berani melabur sebanyak ini dalam R&D, dari mana asasnya? Luar negara menjual 790,000 unit, naik 68%, United Kingdom, Brazil dan Thailand masing-masing juara jualan tenaga baharu. Tiga jenama premium gabungan menjual 228,000 unit, naik 61%. Jalan premium dan ke luar negara sangat lancar.

Kata mudahnya, gunakan penyelidikan dan pembangunan keseluruhan sendiri untuk menukar inisiatif. Pelaburan R&D kumulatif BYD melebihi 270 bilion, apa yang dapat? Bateri Blade Generasi Kedua + teknologi Cas Kilat, kelajuan cas pengeluaran kilang terpantas di dunia; 10,000 stesen Cas Kilat sudah meliputi 332 bandar, luar negara juga perlu membina 6,000 stesen; cip pemanduan pintar 4nm penyelidikan sendiri pertama di dalam negara Xuanji A3... Ini semua dilaburkan dengan wang sebenar, bukan PPT membayangkan perkara besar.

Apabila seluruh industri berkata "Sudah tidak mampu bersaing lagi", BYD membuktikan satu perkara dengan hasil teknologi yang padat dan berjaya: Parit pertahanan yang sebenar, tidak pernah dibina melalui perang harga.

Penutup | BYD

Pengarang | Chen Zhuo

Penyunting | Han Yongchang

29 Ogos, BYD mendedahkan laporan separuh tahun yang tidak menarik.

Semi-tahun pertama, BYD mencatatkan pendapatan 3448.15 bilion yuan, turun 7.13% berbanding tahun sebelumnya; keuntungan bersih tertakung 123.25 bilion yuan, turun 20.54% berbanding tahun sebelumnya. Utama indikator kewangan utama berada dalam keadaan turun berbanding tahun sebelumnya, tunai dalam akaun dan setara tunai tinggal hanya 556.19 bilion yuan, berkurang kira-kira separuh berbanding tempoh tahun lalu.

Keputusan seperti ini, sebenarnya tidak mengejutkan. Dalam pasaran yang setiap hari dilancarkan 3.3 model kereta baharu, hampir tiada syarikat kereta yang boleh menyajikan laporan separuh tahun yang cukup cemerlang.

Semi-tahun pertama tahun ini, Li Auto berubah dari untung ke rugi, kerugian bersih 39.81 bilion yuan; XPeng kerugian bersih 31.2 bilion yuan. Malah walaupun semi-tahun pertama yang sedang popular, jualan bulanan tunggal menembusi 100,000 unit Leapmotor, mencapai pertumbuhan keuntungan bersih 530.97% berbanding tahun sebelumnya, juga hanya 2.08 bilion yuan.

Oleh itu, dalam keadaan pasaran seperti ini, sekadar menganalisis naik turun angka pendapatan dan keuntungan BYD semi-tahun pertama, signifikansinya tidak begitu besar. Ini ada sebab dari segi operasi syarikat sendiri, ada lagi kesan daripada perubahan persekitaran pasaran.

Oleh itu, artikel ringkas ini tidak berniat untuk menumpukan perhatian pada naik turun angka laporan kewangan, tetapi ingin membincangkan dua data:

Data pertama ialah peratusan pendapatan luar negeri BYD pertama kali melebihi separuh, iaitu 52.57%; data kedua ialah pelaburan penyelidikan dan pembangunan semi-tahun pertama mengalami penurunan berbanding tahun sebelumnya untuk pertama kali sejak 2020.

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Peratusan Sumbangan Pendapatan Luar Negeri 52.57%

Lihat dulu pendapatan luar negeri. BYD benar-benar ekspansi besar-besaran ke luar negara, bermula selepas 2024.

Suku keempat 2024, BYD berturut-turut tiga bulan jualan bulanan melebihi 500,000 unit, jualan bulanan domestik melebihi 450,000 unit, ini adalah puncak jualan bulanan sehingga kini. 2024, BYD juga berjaya menjual 4.6 juta kenderaan elektrik, pertumbuhan pasaran domestik telah menyentuh had maksimum.

Sejak itu, BYD jelas mempercepatkan ekspansi pasaran luar negara.

2025, jumlah jualan luar negara BYD setahun pertama kali menembusi 1 juta unit, peratusan pendapatan luar negeri占总营收 juga meningkat dari 28.55% tahun 2024 kepada 38.65%.

Sampai tahun ini, trend ini semakin dipercepatkan.

Enam bulan pertama 2026, jumlah jualan BYD 1.8085 juta unit, di antaranya jualan luar negeri mencapai 792,300 unit, jualan domestik 1.0163 juta unit. Maksudnya, jualan luar negeri sudah mencakup 43.8% daripada jumlah jualan BYD.

Lebih menarik untuk diperhatikan, pertumbuhan jualan luar negeri, sudah mula secara langsung mencerminkan dalam bahagian pendapatan. Semi-tahun pertama tahun ini, pendapatan luar BYD mencapai 1812.68 bilion yuan, mencakup 52.57% daripada jumlah pendapatan.

Ini adalah pertama kali dalam sejarah BYD peratusan pendapatan luar negeri melebihi separuh.

BYD sudah bukan hanya mengekspor, tetapi sedang menjadi syarikat kereta yang semakin bergantung pada pasaran luar negeri. Makna pasaran luar negeri untuk BYD, tidak hanya memberikan jualan peningkatan.

Laporan kewangan menunjukkan, semi-tahun pertama tahun ini margin kasar perniagaan luar BYD mencapai 21.71%, manakala margin kasar perniagaan domestik hanya 15.67%.

Dipadukan dengan jualan domestik dan luar BYD semi-tahun pertama, boleh dikira kasar, margin kasar perniagaan luar negeri per unit kira-kira 4.97000 yuan, domestik kira-kira 2.52000 yuan, yang pertama hampir dua kali ganda yang kedua.

Walaupun begitu, angka ini tidak boleh difahami secara mudah sebagai "BYD menjual satu unit kereta di luar negeri dan dapat untung 4.97000 yuan". Struktur perniagaan BYD berbeza dengan banyak syarikat kereta, keuntungan perniagaan bateri kuasa, penyimpanan tenaga juga termasuk dalam perniagaan keseluruhan, struktur produk domestik dan luar negeri juga berbeza.

Tetapi sekurang-kurangnya satu perkara sangat jelas: pasaran luar negeri untuk BYD atau mana-mana syarikat kereta China, bukan hanya sumber pertumbuhan jualan baru, tetapi juga pasaran dengan keuntungan lebih baik.

Oleh itu, BYD masih terus mempercepatkan ekspansi ke luar negara.

Laporan kewangan menunjukkan, kini perniagaan kenderaan elektrik BYD sudah merangkumi enam benua di seluruh dunia, 121 wilayah dan negara. Semi-tahun pertama tahun ini, di pasaran utama seperti United Kingdom, Itali, Sepanyol, Brazil, Thailand, Indonesia, Arab Saudi, Emiriah Arab Bersatu, BYD semua adalah juara jualan kenderaan elektrik.

Jika pada masa hadapan BYD boleh mengekalkan pertumbuhan jualan luar negeri, serentak menjadikan pendapatan luar negeri长期维持在 separuh daripada jumlah pendapatan, maka identitinya juga akan mengalami perubahan yang ketara, ia bukan hanya syarikat kenderaan elektrik terbesar di China, tetapi semakin mirip seperti syarikat kereta global.

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Pelaburan Penyelidikan dan Pembangunan Turun 6.54% Berbanding Tahun Sebelumnya

Penyelidikan dan pembangunan, selamanya salah satu label paling penting BYD.

Tahun-tahun lalu, BYD hampir setiap tahun menekankan pelaburan penyelidikan dan pembangunan. Dari kolam teknologi, ke budaya jurutera, lagi staf dan perbelanjaan penyelidikan dan pembangunan yang bertambah, pelaburan penyelidikan dan pembangunan sentiasa menjadi label penting BYD yang berbeza dengan syarikat kereta lain.

Tetapi tahun ini, indikator ini mengalami beberapa perubahan.

Semi-tahun pertama 2026, pelaburan penyelidikan dan pembangunan BYD 288.61 bilion yuan, turun 6.54% berbanding tahun sebelumnya. Ini adalah BYD sejak 2020, pertama kali berlaku pelaburan penyelidikan dan pembangunan setengah tahun turun berbanding tahun sebelumnya.

Dan, bukan hanya jumlah keseluruhan pelaburan penyelidikan dan pembangunan turun, struktur perbelanjaan penyelidikan dan pembangunan juga mengalami perubahan.

Semi-tahun pertama tahun ini, perbelanjaan penyelidikan dan pembangunan dikemakan BYD mencapai 55.54 bilion yuan, mencakup 19.24% daripada pelaburan penyelidikan dan pembangunan; sementara tempoh tahun lalu, nisbah ini hanya 4.16%.

Sini perlu menjelaskan secara mudah apa itu pengkemakanan penyelidikan dan pembangunan.

Saham A syarikat tersenarai pelaburan penyelidikan dan pembangunan, boleh memilih untuk diperakukan sebagai perbelanjaan, atau selepas memenuhi syarat boleh dilakukan pengkemakanan. Diperakukan sebagai perbelanjaan bermaksud perbelanjaan penyelidikan dan pembangunan langsung diantarkan ke keuntungan atau kerugian semasa; pengkemakanan bermaksud perbelanjaan penyelidikan dan pembangunan yang memenuhi syarat dulu diantarkan ke aset, selepas itu melalui susut nilai, pelepasan kaedah lain secara beransur-ansur diantarkan ke kos.

Dikatakan secara mudah, nisbah pengkemakanan perbelanjaan penyelidikan dan pembangunan semakin tinggi, potongan semasa semakin kurang, jumlah ini boleh diletakkan dalam bahagian keuntungan, menjadikan keuntungan di atas kertas lebih tinggi.

Berdasarkan data semi-tahun pertama tahun ini, pelaburan penyelidikan dan pembangunan dikemakan BYD 55.54 bilion yuan.

Jika andaikan nisbah pengkemakanan masih memelihara kadar 4.16% tempoh tahun lalu, maka semi-tahun pertama tahun ini perbelanjaan penyelidikan dan pembangunan dikemakan hanya kira-kira 1.2 bilion yuan. Kiraan mudah, di bawah keadaan lain tidak berubah, keuntungan semasa BYD mungkin menerima kesan kira-kira 4.3 bilion yuan, tinggal hanya kurang daripada 8 bilion yuan.

Tetapi sini juga perlu menekankan, pengkemakanan penyelidikan dan pembangunan sendiri tidak bermaksud penipuan kewangan atau pengawalan keuntungan. Selagi projek penyelidikan dan pembangunan memenuhi syarat pengkemakanan piawaian akaun, syarikat melakukan pengkemakanan adalah tindakan akaun yang biasa, ada syarikat kereta nisbah pengkemakanan perbelanjaan penyelidikan dan pembangunan malah boleh mencapai 80%.

Yang benar-benar perlu diperhatikan, sebenarnya dua angka sama-sama mengalami perubahan: pelaburan penyelidikan dan pembangunan turun, nisbah pengkemakanan juga meningkat. Ini dengan BYD tahun-tahun lalu, membentuk kontras yang ketara.

Tahun-tahun lalu, dalam tempoh pertumbuhan pesat BYD sentiasa mengagungkan pelaburan penyelidikan dan pembangunan, berturut-turut dua tahun terletak pertama dalam syarikat tersenarai saham A, syarikat kini mempunyai lebih daripada 120,000 orang staf penyelidikan dan pembangunan, sehingga semi-tahun pertama 2026 jumlah kumulatif pelaburan penyelidikan dan pembangunan melebihi 2700 bilion yuan.

Semi-tahun pertama tahun ini pelaburan penyelidikan dan pembangunan turun, sendiri bukan perkara yang perlu dituduh, tetapi adalah isyarat yang sangat perlu diperhatikan.

Terutamanya di bawah latar belakang pasaran domestik BYD tertekan, keuntungan menurun, ini bermaksud syarikat yang sebelum ini sentiasa menambah pelaburan penyelidikan dan pembangunan, mula lebih memperhatikan perhubungan antara input dan output.

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Penulisan Penutup

Tahun-tahun lalu, perkara yang BYD paling mahir, adalah sentiasa menjadi semakin besar. 2021 hingga 2025, jualan BYD dari 730,000 unit menjadi 4.6 juta unit, pertumbuhan kira-kira 6.3 kali ganda.

Untuk sebuah syarikat yang rantai bekalan terintegrasi secara menegak yang tinggi, ini bukan hanya kapasiti kenderaan lengkap perlu diperluas 6.3 kali ganda, bateri, motor dan banyak komponen buatan sendiri kapasiti, juga perlu mengembangkan secara serentak. Itu adalah tempoh pertumbuhan pesat yang tipikal, bilangan pekerja BYD tertinggi pernah mencapai 970,000 orang.

Tetapi apabila pasaran kenderaan elektrik domestik dari persaingan pertumbuhan masuk ke persaingan stok sedia ada, BYD juga mulai masuk ke tempoh pelarasan.

Pasaran domestik semata-mata bergantung kepada penurunan harga dan penambahan spesifikasi untuk mendapatkan pertumbuhan zaman sedang berlalu, manakala pasaran luar negeri memberikan BYD ruang pertumbuhan baru. Semi-tahun pertama tahun ini jualan, pendapatan dan kadar keuntungan malah membuktikan, ekspansi ke luar negara sudah bukan hanya lengkung pertumbuhan kedua, malah mungkin menjadi sumber pertumbuhan paling penting pada masa hadapan BYD.

Serentak, pelaburan penyelidikan dan pembangunan pertama kali turun, juga bermaksud BYD mula kembali berhadapan dengan perhubungan antara input, output dan keuntungan. Ini bukan bermaksud BYD tidak lagi mengutamakan penyelidikan dan pembangunan, tetapi pelarasan selepas pertumbuhan pesat.

Oleh itu, lebih baik mengatakan ini adalah laporan separuh tahun yang tidak menarik, lebih baik mengatakan ia lebih seperti laporan separuh tahun yang berada dalam tempoh peralihan. Dan peralihan ini boleh disiapkan dengan berjaya, juga akan menentukan BYD boleh benar-benar menjadi syarikat kereta global.

- END-

Evening of August 28, 2026, BYD (002594.SZ) unveiled its first-half operating performance report with a splash! Amid fierce competition in the global automotive industry and industry-wide profitability pressure, BYD, still relying on its strong operational resilience and comprehensive strength, walked steadily and firmly, delivering a highly valuable and bright financial report, fully displaying the hardcore confidence of an industry leader and a steady development trend, highlighting the continuous steady development foundation.

From the core operating data, BYD's first-half performance was very bright: achieving 344.8 billion yuan in operating revenue, with net profit attributable to shareholders reaching a high of 12.3 billion yuan. It continuously invested a high amount of 28.9 billion yuan into technical R&D, while holding a sufficient cash reserve of 167.4 billion yuan, solidifying the firm foundation for the company's steady development. Particularly worth noting is that the second quarter performance witnessed a strong breakout, with net profit increasing significantly by 30% year-on-year, and gross margin continuing to climb to 18.9%, successfully reaching a new high in the past year! This set of eye-catching data intuitively verifies that BYD's profitability is continuously improving and upgrading, with the momentum of high-quality development being unstoppable.

With intensifying industry competition and accelerating restructuring of the market landscape, many brands are facing growth bottlenecks. However, relying on a solid and steady operational foundation and continuously optimized business structure, BYD moved upstream against the industry wave. Its overall development momentum in the first half was high and upward, with market competitiveness continuing to soar, and its position as the global new energy vehicle industry leader becoming more and more solid and unshakable.

Overseas High-End Dual-Drive Sprint, Growth Structure Continues to Optimize and Upgrade

Only by pushing forward in two directions can the growth ceiling be broken! In the first half of this year, BYD precisely laid out the two core tracks of internationalization and high-endization. The dual-wheel drive achieved growth acceleration, and the overall growth structure of the enterprise continued to improve and become increasingly healthy.

The overseas market witnessed explosive growth, becoming the core new engine for performance growth! In the first half of the year, BYD's overseas sales volume soared to 790,000 units, skyrocketing by 68% year-on-year, with a very rapid growth momentum. Currently, the brand's business has comprehensively covered more than 120 countries and regions worldwide. Relying on solid product strength, it successfully topped the sales charts of new energy vehicles in several key overseas core markets such as the UK, Brazil, and Thailand, winning the favor of global consumers. With the continued release of overseas local production capacity and the continuous improvement of the global sales channel system, BYD's global layout is gradually entering the harvest period, and its overseas business is continuously injecting powerful momentum into the overall performance growth of the enterprise.

The high-end layout has also been bountiful, with brand value and product premium capability continuously leaping upward! In the first half of the year, Fang Cheng Bao, Denza, and Yangwang, the three high-end brands, worked together to break through, with cumulative sales breaking 228,000 units, increasing by 61% year-on-year. Their proportion in total sales steadily rose to 12.6%, marking significant results in BYD's structural high-end transformation.

Among them, the new high-end brand Fang Cheng Bao performed particularly stunning, with first-half sales strength breaking through 160,000 units, skyrocketing by 163% year-on-year, achieving leapfrogging growth; Denza brand steadily deep-dived into the high-end market, achieving double harvest in reputation and sales, with June sales breaking the 20,000 unit milestone for the first time, and an average product price of up to 360,000 yuan, firmly standing in the mid-to-high-end new energy market; Yangwang created an industry miracle, becoming the benchmark brand that was the fastest to break the 10,000 units in domestic million-level luxury new energy vehicles, thoroughly breaking the monopoly pattern of overseas luxury brands, showcasing the top-tier strength of Chinese Smart Manufacturing.

The dual-line strategy of international expansion and high-end quality improvement allowed BYD's product structure to continuously iterate and optimize, with core profitability steadily climbing. Net profit and gross margin in the second quarter both went up, creating phased achievements. The slight fluctuation in overall net profit in the first half was mainly due to short-term exchange losses caused by market exchange rate fluctuations. Excluding the impact of these external factors, BYD's main business profitability trend was stable and favorable, and the enterprise's super development resilience in crossing industry cycles was fully revealed.

Billions in R&D Build Technical Barriers, Hardcore Tech Results Land Densely

Continuous technological innovation is the core secret of BYD's long-term leading of the industry and the core driving force for the enterprise's high-quality development! For many years, BYD has always persisted in heavy R&D and strong innovation, deeply digging core technologies with ultra-high investment, building a deep industry moat. In the first half of 2026, enterprise R&D investment reached a high of 28.9 billion yuan, with investment scale far exceeding net profit for the same period, continuously retaining the heavyweight honor of A-share "King of R&D". To date, BYD's cumulative R&D investment has exceeded 270 billion yuan. The massive scientific research investment provides relentless hard support for technology iteration and product upgrades.

Heavy investment must have high returns! BYD, which has continuously deep-dived into R&D, is now entering a concentrated explosion period for technological results, with a series of disruptive technologies landing in mass production, thoroughly solving industry pain points. In March this year, the second-generation Blade Battery and Flash Charge Technology were officially released, which refreshed the record for the fastest charging speed of global mass-produced vehicles in one go, successfully solving the global industry problems of "slow charging" and "difficult charging in low temperatures". Relying on solid technical strength, it gained authoritative recognition from the Ministry of Industry and Information Technology (MIIT), bringing users an ultimate convenient car experience.

Technology landing and ecosystem layout are accelerating in sync! Currently, second-generation Blade Battery capacity continues to ramp up and expand, and national Flash Charge station construction is in full swing. Relying on the "Flash Charge China" strategy, BYD has already built 10,000 Flash Charge stations nationwide, comprehensively covering 332 cities, perfectly constructing an all-domain fast charging network. Not only is it deeply digging the domestic market, the brand is also accelerating the global energy ecosystem layout, planning to deploy 6,000 Flash Charge stations overseas within one year, using Chinese technology to boost global new energy vehicle electrification leapfrogging development, and promoting a global green mobility revolution.

The intelligent track has also frequently reported good news, continuously leading the industry! After realizing intelligent parking safety backup, BYD was the first to officially announce in May this year that it had completed city navigation safety backup, becoming the only enterprise in the world to achieve intelligent driving "dual safety backup". With extremely strict safety standards, it promotes the universal popularization of intelligent assisted driving technology, escorting the safety of users' travel.

Data witnesses hardcore strength! As of July 31, the number of BYD intelligent assisted driving vehicles in possession has broken 3.52 million units, with the daily cumulative driving data of its SkyEye intelligent driving system exceeding 220 million kilometers. Massive real road condition data continues to feed back and iterate technology. Meanwhile, the brand's heavy-release Xuanji A3 Chip is the first domestically self-developed 4nm process intelligent driving chip. From the underlying core chip to the complete system software, BYD has achieved full-stack self-development and vertical integration, continuously leading the wave of global automotive industry intelligence and digitalization revolution.

Uphold Original Intention to Practice Responsibility, Interpreting Corporate Social Responsibility with Hard Work

Leading with strength, yet holding warm responsibility! While developing rapidly and digging deep into innovation, BYD always remembers corporate social responsibility, practicing the green development concept with practical actions, showcasing the responsibility and layout of a national enterprise.

Tax and financial contributions demonstrate corporate responsibility. In the first half of 2026, BYD's domestic tax total reached a high of 22.3 billion yuan, a value far exceeding net profit for the same period, injecting strong momentum into social economic development. In the field of green low-carbon development, BYD is more unswervingly anchored to the long-term goal of "achieving full value chain carbon neutrality by 2045", with its ESG comprehensive performance stably in the top tier of domestic enterprises, continuously empowering global dual carbon causes.

Green results are visible and tangible! From January to June this year, BYD new energy vehicles' full lifecycle carbon emission reduction reached a high of 23.17 million tons, with equivalent tree planting volume reaching 386 million trees. With substantial green results, it helps global industry low-carbon transformation and contributes Chinese enterprise strength to ecological environment protection.

Future Looks Promising! Full-Year Performance Climbs Quarter by Quarter, Leading Global Industry Revolution

Looking back at the first half of 2026, the global automotive industry structure underwent deep restructuring, and overall industry operating pressure was highlighted. Facing a complex and changing market environment, BYD broke through against the trend, overcoming difficulties, relying on precise strategic layout, hardcore technical strength, and perfect industrial layout, to achieve a strong turnaround in second quarter performance and reach a new level, delivering an operating report that exceeded expectations.

Outlook for the second half, BYD's growth momentum continues to accumulate, with strong potential! With frontier technology results continuously landing in mass production, high-end model market share steadily rising, and global layout comprehensively entering the harvest period, the enterprise's core profitability and long-term development potential will be further released, with full-year performance expected to continue climbing quarter by quarter and rising steadily.

From breaking technical barriers with billions in R&D to setting sail for globalization; from the high-end product matrix comprehensively breaking through to personally practicing social responsibility, BYD is reconstructing industry growth logic with all-round, multi-level core competitiveness, continuously leading the global new energy track, and leading a brand-new revolution in the global automotive industry! In the future, this national car enterprise will definitely continue to break through and create better results!

25 Ogos, dengan BYD sebagai rakan perkongsian pengangkutan sepanjang perjalanan, "Perjalanan Laluan Sutra 2026 - Jalan Inspirasi" telah disudahi dengan jayanya di Singapura. Li Yunfei, Pengarah Bahagian Jenama dan Hubungan Awam Kumpulan BYD, dan Zhang Lianye, Pengerusi Kumpulan Media Guangdi Shaanxi, bersama-sama mengumumkan penamatan aktiviti ini.

Aktiviti ini bertema "Teknologi Baharu, Peradaban Berterusan". Konvoi ini mengambil masa 33 hari, menempuh lebih 10,000 kilometer, merentasi enam wilayah di China, melintasi Thailand, Malaysia, dan akhirnya tiba di Singapura. Empat jenama utama BYD iaitu Dynasty, Ocean, Denza, Fang Cheng Bao, dan Yangwang membentuk konvoi kenderaan tenaga baharu, berjaya menempuh pelbagai senario termasuk lebuh raya, kawasan pergunungan dan kesesakan bandar. Sistem Pengisian Pantas dan Sistem Bantuan Memandu Mata Dewa telah menghadapi ujian jalan sebenar sepanjang jarak jauh. Keupayaan Pengisian Pantas "5 minit mengisi, 9 minit penuh" berdasarkan rangkaian hampir 10,000 stesen pengisian pantas, menyelesaikan cabaran pengisian kuasa untuk perjalanan jauh.

Perjalanan Jauh Laluan Sutra disertai Tenaga Hijau. Dari Xi'an ke Singapura, gambaran bekalan kafilah unta di stesen Laluan Sutra lama kini bertukar menjadi ekspedisi moden yang digerakkan oleh teknologi. Setakat Julai 2026, BYD telah menempati kedudukan pertama dalam jualan keseluruhan jenama kereta persendirian di Singapura selama 19 bulan berturut-turut, bahagian pasaran Januari-Julai mencapai 24.7%, bahagian kenderaan elektrik mencapai 40.3%. Pada Januari-Julai 2026, jumlah jualan terkumpul BYD di luar negara melebihi 970,000 unit, meningkat kira-kira 76% tahun ke tahun, kenderaan tenaga baharu telah memasuki lebih daripada 120 negara dan wilayah di seluruh dunia.

Pada malam 28 Ogos 2026, BYD (002594.SZ) secara rasmi mendedahkan prestasi operasi paruh pertama yang penting! Dalam persekitaran persaingan industri automotif global yang semakin panas, dengan tekanan keuntungan industri secara keseluruhan, BYD masih berdasarkan ketahanan operasi yang kuat dan keupayaan keseluruhan, berjalan dengan mantap, telah menghasilkan laporan kewangan yang cemerlang berkilau, menunjukkan keyakinan teras dan corak perkembangan mantap sebagai ketua industri, menegaskan asas perkembangan yang mantap berterusan.

Dari melihat data operasi teras, prestasi BYD paruh pertama sangat cemerlang: mendapatkan pendapatan operasi sebanyak3448 bilion yuan, untung bersih yang boleh dikreditkan kepada pemegang saham biasa mencecah123 bilion yuan, terus melabur 289 bilion yuan untuk penyelidikan dan pembangunan teknologi, serentak memiliki rizab tunai yang mencukupi sebanyak1674 bilion yuan, membina asas kukuh untuk perkembangan stabil perusahaan. Terutama yang patut disyukuri ialah, prestasi suku kedua mengalami letupan yang kuat, untung bersih meningkat 30 peratus secara tahun ke tahun, margin keuntungan kotor terus naik ke 18.9%, berjaya mencatatkan rekod tertinggi dalam tempoh hampir satu tahun! Serangkaian data cemerlang ini membuktikan dengan jelas, keupayaan keuntungan BYD sedang terus ditingkatkan kualitinya, corak pembangunan berkualiti tinggi tidak dapat dicegah.

Semasa ini persaingan sengit dalam industri automotif semakin bertambah, struktur pasaran semakin direka semula dengan pantas, ramai jenama menghadapi halangan pertumbuhan. Manakala BYD berdasarkan asas operasi yang kukuh dan stabil, dengan struktur perniagaan yang dioptimumkan berterusan, bangkit menentang arus dalam gelombang industri, keseluruhan corak pembangunan paruh pertama tegak dan ke atas, daya saing pasaran terus naik mendadak, kedudukan sebagai ketua kenderaan tenaga baharu global semakin kukuh dan tidak boleh diganggu gugat.

Penggilapan Dua Roda Halat di Pasaran Luar Negeri, Struktur Pertumbuhan Terus dioptimumkan dan ditingkatkan

Hanya dengan usaha dua hala baharu boleh memecahkan had pertumbuhan! Paruh pertama tahun ini, BYD melalukan pelan strategik yang tepat pada dua teras utama iaitu antarabangsa dan kelas tinggi, didorong oleh dua roda, mencapai pecutan pertumbuhan, struktur keseluruhan pertumbuhan perusahaan terus menjadi lebih baik, semakin sihat.

Pasaran luar negara menghadapi pertumbuhan letupan, menjadi enjin baharu teras bagi pertumbuhan prestasi! Paruh pertama, jualan luar negara BYD melonjak ke 790,000 kenderaan, meningkat 68 peratus secara tahun ke tahun, momentum pertumbuhan sangat pesat. Sekarang perniagaan jenama telah meliputi lebih 120 negara dan wilayah di seluruh dunia, berdasarkan kekuatan produk yang kukuh, berjaya menduduki tempat pertama dalam jualan kenderaan tenaga baharu di pasaran utama luar negara seperti United Kingdom, Brazil, Thailand, menarik minat pengguna di seluruh dunia. Dengan kapasiti tempatan luar negara yang terus dilancarkan, sistem saluran jualan global semakin sempurna, pelan globalisasi BYD secara beransur-ansur memasuki tempoh hasil, perniagaan luar negara sedang terus menyuntik tenaga yang besar kepada pertumbuhan prestasi keseluruhan perusahaan.

Pelan kelas tinggi juga menghasilkan hasil yang banyak, nilai jenama dan keupayaan premium produk terus melompat! Paruh pertama, tiga jenama kelas tinggi Fang Cheng Bao, Denza, Yangwang bersatu untuk menembus, jumlah jualan terkumpul melebihi 228,000 kenderaan, meningkat 61 peratus secara tahun ke tahun, nisbah dalam jumlah jualan keseluruhan naik stabil ke 12.6%, menandakan kejayaan transformasi struktur produk BYD ke arah kelas tinggi sangat ketara.

Di antaranya, jenama kelas tinggi baharu Fang Cheng Bao menunjukkan prestasi yang sangat cemerlang, jualan paruh pertama menembus kuat 160,000 kenderaan, meningkat 163 peratus secara tahun ke tahun, mencapai pertumbuhan lonjakan. Jenama Denza mengukuh dengan stabil dalam pasaran kelas tinggi, reputasi dan jualan berdua berjaya, jualan Jun pertama kali menembus 20,000 kenderaan, harga purata produk mencecah 360,000 yuan, dengan kukuh berdiri dalam pasaran kenderaan tenaga baharu pertengahan dan tinggi. Yangwang bahkan mencipta keajaiban industri, menjadi jenama piawai dalam kenderaan tenaga baharu mewah gred jutaan yuan buatan domestik, yang jualan paling pantas menembus 10,000 unit, benar-benar memecah monopoli jenama mewah luar negara, menunjukkan kekuatan teratas pembuatan China.

Strategi dua garis pembukaan antarabangsa dan peningkatan kualiti kelas tinggi, menjadikan struktur produk BYD terus dikitaran semula dan dioptimumkan, keupayaan keuntungan teras terus naik dengan stabil, untung bersih suku kedua dan margin keuntungan kotor kedua-duanya naik tinggi, mencatatkan kejayaan pada peringkat ini. Manakala untung bersih keseluruhan paruh pertama berfluktuasi sedikit, terutamanya berasal daripada kerugian pertukaran mata wang jangka pendek disebabkan oleh fluktuasi kadar pertukaran pasaran, setelah menyingkirkan pengaruh faktor luar ini, prestasi keuntungan perniagaan utama BYD stabil dan semakin baik, ketahanan pembangunan luar biasa perusahaan untuk melintasi kitaran industri benar-benar kelihatan.

Peruntukan R&D Trilion Membina Penghalang Teknologi, Hasil Penyelidikan Teknologi Terukir Secara Ketat

Inovasi teknologi berterusan adalah kod teras BYD untuk memimpin industri dalam masa yang panjang, juga merupakan pendorong utama pembangunan berkualiti tinggi perusahaan! Selama bertahun-tahun, BYD sentiasa menekankan penyelidikan yang berat dan inovasi yang kuat, dengan pelaburan tinggi untuk mendalami teknologi teras, membina parit pertahanan industri yang mendalam. Paruh pertama 2026, peruntukan R&D perusahaan mencecah 289 bilion yuan, skala pelaburan jauh melebihi untung bersih pada masa yang sama, terus memegang anugerah "Raja Penyelidikan" saham A yang berat. Sehingga kini, peruntukan R&D terkumpul BYD telah menembus 2700 bilion yuan, pelaburan saintifik yang banyak, menyokong teknologi kitaran semula, penambahbaikan produk dengan sokongan teras yang berterusan.

Pelaburan berat pasti mempunyai pulangan tinggi! BYD yang mendalami penyelidikan berterusan, sedang menghadapi tempoh letupan hasil teknologi yang terkumpul, serangkaian teknologi yang menggugat telah mendarat dan dihasilkan secara besar-besaran, benar-benar menyelesaikan kesakitan industri. Pada Mac tahun ini, bateri Blad 2nd Gen dan teknologi cas pantas dikeluarkan secara rasmi, sekali gus memecahkan rekod kelajuan cas pantas kenderaan pengeluaran global, berjaya mengatasi masalah industri global "cas lambat, cas suhu rendah sukar" bagi kenderaan tenaga baharu, berdasarkan kekuatan teknologi yang kukuh, menerima pengiktirafan berotoriti daripada Kementerian Perindustrian, membawa pengalaman penggunaan kereta yang paling mudah dan pantas untuk pengguna.

Pelaksanaan teknologi dan pelan ekosistem dipacu serentak! Sekarang, kapasiti bateri Blad 2nd Gen terus naik dan dikembangkan, pembinaan stesen cas pantas di seluruh negara berjalan meriah. Bercabar pada strategi "Cas Pantas China", BYD telah membina 10,000 stesen cas pantas di seluruh negara, meliputi 332 bandar sepenuhnya, berjaya membina rangkaian cas pantas merentas seluruh wilayah. Tidak hanya mendalami pasaran domestik, jenama semakin mempercepatkan pelan ekosistem tenaga globalisasi, merancang untuk melancarkan 6,000 stesen cas pantas di luar negara dalam tempoh satu tahun, menggunakan teknologi China untuk membantu perkembangan lonjakan elektrifikasi kenderaan tenaga baharu global, memacu perubahan出行 hijau global.

Litar kecerdasan juga banyak berita baik, memimpin industri berterusan! Selepas mencapai keselamatan parkir pintar, BYD secara rasmi mengumumkan pertama kali menyelesaikan keselamatan panduan bandar pada Mei tahun ini, menjadi satu-satunya perusahaan di dunia yang mencapai "dua keselamatan" pemanduan pintar, dengan piawaian keselamatan yang paling ketat, memacu pemasyarakatan teknologi pemanduan pintar bantu kepada semua orang, melindungi keselamatan出行 pengguna.

Data menyaksikan kekuatan teras! Sehingga 31 Julai, jumlah kenderaan pemanduan pintar bantu BYD melebihi 3.52 juta unit, sistem pemanduan "Tian Shen Zhi Yan" bawah perusahaan mengumpulkan data laluan harian melebihi 220 juta kilometer, data jalan raya sebenar yang banyak secara berterusan menyokong kitaran semula teknologi. Berserta itu, cip Xuanji A3 yang dikeluarkan secara berat oleh jenama, merupakan cip pemanduan pintar proses 4nm penyelidikan diri yang pertama di dalam negara, dari cip teras aras bawah sehingga sistem perisian lengkap, BYD mencapai penyelidikan diri seluruh tumpuan, integrasi menegak, secara berterusan memimpin gelombang perubahan kecerdasan, digitalisasi industri automotif global.

Berpegang pada niat asal melaksanakan tanggungjawab, mentafsir tanggungjawab sosial perusahaan dengan tindakan nyata

Kepimpinan kekuatan, lebih memikul tanggungjawab yang berhangat! Semasa pembangunan pantas, mendalami inovasi, BYD sentiasa ingat tanggungjawab sosial perusahaan, dengan tindakan nyata melaksanakan falsafah pembangunan hijau, menunjukkan tanggungjawab dan格局 perusahaan nasional.

Sumbangan cukai dan kewangan menunjukkan tanggungjawab perusahaan, paruh pertama 2026, jumlah cukai domestik BYD mencecah 223 bilion yuan, nilai jauh melebihi untung bersih pada masa yang sama, menyuntik tenaga kuat untuk pembangunan ekonomi dan masyarakat. Dalam bidang pembangunan hijau rendah karbon, BYD lebih lagi bertekad menentukan sasaran jangka panjang "mencapai neutraliti karbon merentas seluruh nilai pada 2045", prestasi ESG keseluruhan kekal dalam kasta pertama perusahaan domestik, terus memberdayakan usaha dua karbon global.

Hasil hijau nampak dan boleh disentuh! Tahun ini Januari-Jun, jumlah pengurangan karbon kitaran hayat penuh kenderaan tenaga baharu BYD mencecah 23.17 juta tan, kuantiti penanaman pokok setara mencapai 386 juta pokok, dengan kejayaan hijau yang nyata, membantu transformasi industri global ke arah rendah karbon, memberikan kekuatan perusahaan China untuk perlindungan alam sekitar.

Masa depan menjanjikan! Prestahun tahun naik mengikut kuartal, memimpin perubahan industri global

Melihat ke belakang paruh pertama 2026, struktur industri automotif global direka semula secara mendalam, tekanan operasi keseluruhan industri semakin ketara. Berhadapan dengan persekitaran pasaran yang kompleks dan berubah, BYD bangkit menentang arus, memecah rintangan, berdasarkan pelan strategik yang tepat, kekuatan teknologi teras dan pelan industri yang sempurna, mencapai pemanasan semula prestasi suku kedua yang kuat, naik ke tahap baharu, telah menghasilkan jawapan operasi yang melampaui jangkaan.

Membuka pandangan ke bawah tahun, daya pertumbuhan BYD terus menimbunkan tenaga, tenaga selepas kuat! Dengan hasil teknologi teratas yang berterusan mendarat dan dihasilkan, nisbah pasaran model kelas tinggi naik stabil, pelan globalisasi memasuki tempoh hasil secara keseluruhan, keupayaan keuntungan teras perusahaan dan potensi pembangunan jangka panjang akan dilepaskan lebih lanjut, prestasi keseluruhan tahun dijangka terus naik mengikut kuartal, naik dengan stabil.

Dari pemecahan penghalang teknologi R&D trilion, hingga pelan globalisasi berlayar ke laut, dari penembusan matriks produk kelas tinggi, hingga melaksanakan tanggungjawab sosial, BYD sedang merangka semula logik pertumbuhan industri dengan daya saing teras menyeluruh, berbilang层次, secara berterusan memimpin litar kenderaan tenaga baharu global, memimpin perubahan baharu industri automotif dunia! Masa depan, kereta nasional ini pasti akan terus menembus, mencipta kejayaan lagi!

Recently, BYD (002594.SZ, 01211.HK) released H1 2026 performance results. During the period, BYD and its subsidiaries (collectively referred to as "BYD Group") achieved revenue of 344.815 billion yuan, a year-on-year decline of 7.13%; gross margin 18.85%, an increase of 0.74 percentage points compared to the same period last year; net profit attributable to the parent company was 12.325 billion yuan, a year-on-year decline of 20.54%, which is a rare dual decline in revenue and profit for BYD in recent years.

On the surface, exchange losses appear to be the biggest drag, but deeper pressure stems from a year-on-year decline in automotive business revenue of 8.98%. Periodic domestic demand pressure and industry "price wars" are eroding the foundation of this global new energy sales champion.

At the same time as profits declined, an asset-heavy layout centered on fast-charging stations is accelerating. According to the "Fast Charge China" strategy, BYD plans to build 20,000 fast-charging stations by the end of 2026. In a cycle of intensifying industry competition, when this investment will become profitable and how much it will earn will directly affect BYD's market competitiveness in the next stage.

 Overseas Revenue Share Exceeds 50%

The financial report mentions that due to periodic pressure on domestic market demand in the first quarter and the continuation of price wars, sales of BYD's main brand were squeezed. In the first half of the year, the group sold a total of 1.8085 million new vehicles, a 15.72% decrease year-on-year, of which passenger car sales were 1.7774 million.

However, structural changes are occurring. Sales of its mid-to-high-end brands Fang Cheng Bao, DENZA, and Yangwang combined increased by 61% year-on-year in the first half, accounting for 12.8% of the group's total passenger car sales; revenue from the group's automotive, automotive-related products, and other products was 275.341 billion yuan, down 8.98% year-on-year. Rough calculations show revenue per vehicle increased from 141,000 yuan in the same period last year to 152,200 yuan. The direction of premiumization has not wavered, but the volume is not yet sufficient to offset the decline in the main brand's sales.

The gross margin did not deteriorate with the revenue decline, approximately 18.85% this period, an increase of 0.84 percentage points compared to the same period last year; gross margin for automotive, automotive-related products, and other products was about 22.33%, an increase of 1.98 percentage points year-on-year, cost control remains effective. However, revenue shrinkage directly compressed the total gross profit, reducing it by 1.877 billion yuan compared to the same period last year. Combined with rigid expenses such as sales, management, and R&D, the profit margin narrowed further.

The most obvious change in the income statement comes from financial expenses, shifting from revenue of 3.247 billion yuan in the same period last year to an expense of 5.096 billion yuan, a difference of over 8.3 billion yuan. Among them, exchange losses were 4.703 billion yuan, while in the same period last year there were exchange gains of 3.16 billion yuan. This single non-operating fluctuation far exceeded the year-on-year decrease of 3.185 billion yuan in net profit attributable to the parent company.

Another signal is reflected in R&D. In the first half of the year, BYD Group's R&D investment was approximately 28.861 billion yuan, down 6.54% year-on-year, a rare decline. The absolute amount still remains high in the industry, but whether this change is an active contraction under profit pressure or a normal fluctuation in the R&D cycle still requires verification in subsequent quarters.

As the domestic market engages in a tug-of-war in the price war, the overseas market provides relatively stable support for BYD. In the first half of the year, the group exported a cumulative 792,000 new vehicles, a 67.8% increase year-on-year. Overseas revenue increased by 33.92% year-on-year to 181.268 billion yuan, and the gross margin of overseas business reached 21.71%, higher than the domestic gross margin level of 15.67%.

BYD H1 2026 Performance (Chart / Financial Report Screenshot)

BYD stated in the financial report that as of H1 2026, the group's new energy vehicle business map has covered six continents, 121 countries and regions globally, and has already invested in local production in Brazil, Thailand, etc. The group continues to promote localization layouts in design, R&D, manufacturing, supply chain, and market operations, and continues to strengthen brand communication, sales channels, after-sales services, and supporting capability construction, achieving deep adaptation in all scenarios.

 20,000 Fast-Charging Stations, BYD's Next "Gamble"

The domestic passenger car market has entered a stock competition stage. While solidifying the main brand's foundation and promoting premiumization, BYD also needs to find new growth points. Fast charging is precisely the move highly expected among them.

In March this year, BYD officially launched the second-generation Blade Battery and brand new fast charging technology, and released the "Fast Charge China" strategy. According to BYD, its launched fast charging pile has a single gun charging power reaching 1500kW, the highest single gun power among mass-produced charging piles globally; to break through grid capacity limits, it deeply integrates charging piles with super fast release energy storage systems, achieving high-power charging without increasing grid burden. On April 8 local time, fast charging technology completed its European premiere at the Paris Opera House, and BYD stated it plans to further scale and land 6,000 fast-charging stations overseas in the future.

While laying out technology and charging network layouts, fast charging capability is also rapidly spreading to the product side. In the first half of the year, BYD launched new fast-charging models such as Seal 07 EV, Song Ultra EV, Tang EV, and new DENZA Z9 GT, and successively added fast-charging versions for models under various brands including Sealion 06 EV, Seal 06 GT, Han EV, Bao 5, Bao 8, Ti 3, DENZA N9, Yangwang U7, and Yangwang U8.

According to the plan previously announced by BYD Group Chairman and President Wang Chuanfu, BYD is to build 20,000 fast-charging stations by the end of 2026. As of the end of June, 7,018 stations have been built.

In the first half of this year, BYD Group's investment activities resulted in a net cash outflow of 55.57 billion yuan, of which cash paid for purchase and construction of fixed assets, intangible assets, and other long-term assets reached 44.703 billion yuan. Although the financial report does not list the detailed expenses for building fast-charging stations, the "Fast Charge China" strategy, the half-year construction progress of 7,018 stations, the year-end goal of 20,000 stations, and energy supply ecosystem cooperation with multiple parties such as Sinopec, JD.com, KFC, and Shenzhou Car Rental all point to the fast-charging network being BYD's current key investment direction.

By the day before the financial report was released (August 28), the scale of BYD fast-charging station construction had reached 10,000, equivalent to building nearly 3,000 stations in two months.

Baru-baru ini, BYD (002594.SZ, 01211.HK) telah mengumumkan prestasi separuh tahun pertama 2026. Sepanjang tempoh tersebut, BYD dan anak syarikat yang berkaitan (disebut bersama sebagai 'Kumpulan BYD') mencatatkan pendapatan sebanyak 344.815 bilion yuan, menurun 7.13% berbanding tahun lalu; margin kasar 18.85%, meningkat 0.74 titik peratusan berbanding tempoh yang sama tahun sebelumnya; keuntungan bersih kepada pemegang saham induk 12.325 bilion yuan, menurun 20.54% tahun ke tahun, ini adalah satu kejadian yang agak jarang berlaku bagi BYD di mana pendapatan dan keuntungan jatuh secara serentak dalam beberapa tahun kebelakangan ini.

Secara permukaan, kerugian pertukaran mata wang adalah penarikan terbesar, tetapi tekanan yang lebih mendalam datang daripada pendapatan perniagaan automotif yang menurun 8.98% tahun ke tahun. Tekanan permintaan pasaran tempatan yang bersifat separa dan 'perang harga' dalam industri sedang menggerudi asas pasaran juara jualan tenaga baharu global ini.

Sementara keuntungan menurun, strategi aset berat yang berpintal pada stesen pengecasan pantas sedang dipercepatkan. Mengikut strategi 'Pengecasan Pantas China', BYD merancang untuk membina 20,000 stesen pengecasan pantas sebelum akhir 2026. Dalam kitaran persaingan industri yang semakin sengit, bila pelaburan ini akan menjana pulangan dan berapa banyak, akan memberi kesan terus kepada daya saing pasaran peringkat seterusnya BYD.

 Peratusan Pendapatan Luar Negara Melebihi Separuh

Laporan kewangan menyebut, disebabkan tekanan permintaan pasaran domestik pada kuartal pertama bersifat separa dan perang harga masih berterusan, jualan merek utama BYD tertekan. Pada separuh tahun pertama, kumpulan itu menjual keseluruhan kenderaan baharu sebanyak 1,808,500 unit, menurun 15.72% tahun ke tahun, di mana jualan kenderaan persendirian adalah 1,777,400 unit.

Namun perubahan struktur sedang berlaku. Jenama sederhana-teratas dan teratas kumpulan, Fang Cheng Bao, Denza, YangWang, jualan keseluruhan separuh tahun pertama meningkat 61% tahun ke tahun, meningkatkan bahagian kepada 12.8% daripada jumlah jualan kenderaan persendirian kumpulan; pendapatan perniagaan kenderaan automotif, produk berkaitan automotif dan produk lain kumpulan mencapai 275.341 bilion yuan, menurun 8.98%, kiraan kasar pendapatan per kenderaan meningkat daripada 141,000 yuan tempoh yang sama tahun lalu kepada 152,200 yuan. Arah ke arah kegunaan mewah tidak goyang, hanya saiz belum mencukupi untuk menentang penurunan jualan merek utama.

Margin kasar tidak semakin teruk seiring pendapatan menurun, tempoh ini kira-kira 18.85%, meningkat 0.84 titik peratusan berbanding tahun sebelumnya; margin kasar kenderaan automotif, produk berkaitan dan produk lain kira-kira 22.33%, meningkat 1.98 titik peratusan tahun ke tahun, kawalan kos masih berkesan. Namun penyusutan pendapatan terus memampatkan jumlah margin kasar, mengurangkan 1.877 bilion yuan berbanding tahun sebelumnya, ditambah dengan perbelanjaan keras seperti jualan, pengurusan, penyelidikan dan pembangunan, ruang keuntungan semakin menyempit.

Perubahan paling jelas dalam laporan untung rugi datang daripada perbelanjaan kewangan, nilai berubah daripada keuntungan 3.247 bilion yuan tempoh yang sama tahun lalu kepada perbelanjaan 5.096 bilion yuan, perbezaan lebih 8.3 bilion yuan. Di antaranya kerugian pertukaran mata wang 4.703 bilion yuan, manakala tempoh yang sama tahun lalu adalah keuntungan pertukaran mata wang 3.16 bilion yuan, hanya kelakuan operasi tidak tetap ini sahaja jauh melebihi jumlah pengurangan keuntungan bersih kepada pemegang saham induk 3.185 bilion yuan tahun ke tahun.

Satu isyarat lain tersembunyi dalam bahagian penyelidikan. Pada separuh tahun pertama, pelaburan penyelidikan BYD Kumpulan adalah kira-kira 28.861 bilion yuan, menurun 6.54% tahun ke tahun, jarang berlaku menunjukkan penurunan tahun ke tahun. Jumlah mutlak masih berada di tahap tinggi industri, namun adakah perubahan ini merosot secara proaktif di bawah tekanan keuntungan atau kelainan biasa kitaran penyelidikan, masih memerlukan pengesahan kuartal seterusnya.

Apabila pasaran domestik berlarutan dalam perang harga, pasaran luar negara menyediakan sokongan yang lebih stabil untuk BYD, pada separuh tahun pertama kumpulan itu secara kumulatif mengeksport 792,000 kenderaan baharu, meningkat 67.8% tahun ke tahun, pendapatan luar negara meningkat 33.92% tahun ke tahun kepada 181.268 bilion yuan, margin kasar perniagaan luar negara mencapai 21.71%, lebih tinggi daripada tahap margin kasar 15.67% domestik.

Prestasi BYD Separuh Tahun Pertama 2026 (Gambar / Potret Laporan Kewangan)

Pihak BYD dalam laporan kewangan menyatakan, sehingga separuh tahun pertama 2026, kawasan perniagaan kenderaan tenaga baharu kumpulan itu sudah merangkumi enam benua di seluruh dunia, 121 negara dan wilayah, dan telah melabur pengeluaran tempatan di Brazil, Thailand dan tempat-tempat lain. Kumpulan itu terus memajukan pelan tempatan tempoh reka bentuk, penyelidikan dan pembangunan, pengeluaran pembuatan, rantaian bekalan dan operasi pasaran, dan terus memperkuatkan keupayaan penyebaran jenama, saluran jualan, pasca penjualan dan keupayaan sokongan berkaitan, mencapai penyesuaian mendalam ke semua skenario.

 20,000 Stesen Pengecasan Pantas, 'Pertaruhan' Seterusnya BYD

Pasaran kenderaan persendirian domestik memasuki fasa persaingan jumlah yang kekal, BYD semasa mengukuhkan asas pasaran merek utama, memajukan kegunaan mewah, juga perlu mencari titik pertumbuhan baharu. Pengecasan pantas, adalah langkah yang diberi harapan di antara mereka.

Pada bulan Mac tahun ini, BYD secara rasmi melancarkan Bateri Bilah Generasi Kedua dan teknologi pengecasan pantas baharu, dan melancarkan strategi 'Pengecasan Pantas China'. Mengikut pengenalan pihak BYD, tiang pengecasan pantas yang dilancarkan mereka mencapai kuasa pengecasan satu pucuk 1500kW, merupakan tiang pengecasan dengan kuasa satu pucuk paling tinggi dalam pengeluaran mass; untuk memecahkan had kapasiti grid, mereka memperdalamkan integrasi tiang pengecasan dengan sistem penyimpanan kuasa pelepasan pantas super, mencapai pengecasan kuasa besar tanpa meningkatkan beban grid. Pada 8 April waktu tempatan, teknologi pengecasan pantas membuat persembahan awal Eropah di Opera Paris, BYD menyatakan pada masa hadapan merancang lebih jauh untuk melandaaskan 6000 stesen pengecasan pantas di luar negara secara berskala.

Serentak dengan pelan布局 teknologi dan rangkaian pengisian tenaga, keupayaan pengecasan pantas juga sedang diperluaskan ke arah produk dengan cepat. Pada separuh tahun pertama, BYD serentak melancarkan model pengecasan pantas baharu baru seperti Hai Bao 07 EV, Song Ultra EV, Tang EV, Denza Z9 GT baharu, dan secara beransur-ansur menambah versi pengecasan pantas bagi model merek anak syarikat seperti Hai Shi 06 EV, Hai Bao 06 GT, Han EV, Bao 5, Bao 8, Ti 3, Denza N9, YangWang U7, YangWang U8.

Mengikut pelan yang diumumkan sebelum ini oleh Wang Chuanfu, Pengerusi dan Presiden Majlis BYD, pada akhir 2026 BYD perlu membina 20,000 stesen pengecasan pantas, sehingga akhir Jun telah membina 7018 buah.

Pada separuh tahun pertama ini, aktiviti pelaburan Kumpulan BYD menghasilkan aliran keluar tunai bersih 55.57 bilion yuan, di mana jumlah tunai dibayar untuk pembelian, pembinaan aset tetap, aset bukan kewangan dan aset jangka panjang lain mencapai 44.703 bilion yuan. Walaupun laporan kewangan tidak menyenaraikan butiran perbelanjaan pembinaan stesen pengecasan pantas, strategi 'Pengecasan Pantas China', kemajuan pembinaan 7018 buah separuh tahun, sasaran 20,000 buah akhir tahun, serta kerjasama ekologi pengisian tenaga dengan banyak pihak seperti Sinopec, JD.com, KFC, Shenzhou Car Rental, semuanya mengarahkan rangkaian pengecasan pantas sebagai arah pelaburan utama BYD pada masa ini.

Sehingga sehari sebelum pelepasan laporan kewangan (28 Ogos), skala pembinaan stesen pengecasan pantas BYD telah mencapai 10,000 buah, bersamaan dengan pembinaan hampir 3000 stesen dalam masa dua bulan.

Evening of August 28, BYD ([002594.SZ](002594.SZ)) officially released 2026 semi-annual financial report, company's multiple operating data performed robustly. During the reporting period, revenue reached 344.8 billion yuan, net profit attributable to shareholders 12.3 billion yuan, R&D investment 28.9 billion yuan, cash reserves as high as 167.4 billion yuan. Among them, second quarter performance was particularly bright, net profit rose 30% year-on-year, gross margin increased to 18.9%, reaching a new high in the past year, company profitability continues to improve.

Currently, the automotive market competition is becoming increasingly fierce, BYD relies on solid operating fundamentals and continuously optimized business structure, overall development momentum in the first half of the year was strong, further consolidating its industry leading position.

Offshore and High-end Dual Line Effort, Uncover New Growth Space

In the first half of the year, BYD's overseas market sales reached 790,000 units, surging 68% year-on-year, business map has covered over 120 countries and regions, won new energy vehicle sales champion in key overseas markets such as UK, Brazil, Thailand. With overseas local factory capacity gradually released, sales channels continuously improved, overseas business has become an important driving force for pulling BYD's performance growth.

The high-end brand segment also delivered impressive results, Fang Cheng Bao, Denza, YangWang three high-end brands first half year total sales 228,000 units, growing 61% year-on-year, sales share increased to 12.6% of total sales. Among them, Fang Cheng Bao sales 160,000 units, year-on-year increase 163%; Denza June single month sales first broke through 20,000 units, product average selling price reached 360,000 yuan; YangWang as domestic million-level luxury new energy brand, also domestic first sales quickly broke ten thousand million luxury car brand.

The dual drive of internationalization and high-endization drove continuous optimization of the product structure and boosted second-quarter profitability improvements. The net profit in this report was affected by exchange losses caused by exchange rate fluctuations, but the company's main business profitability remained stable, fully demonstrating strong operating resilience.

Heavy R&D Investment, Hard-core Technology Accelerates Commercialization

Behind the impressive operating results lies continuous high investment in R&D support. 2026 first half BYD R&D investment 28.9 billion yuan, cumulative R&D investment broke through 270 billion yuan, firmly ranking in the first echelon of R&D investment in A-shares.

Major R&D investments were quickly converted into actual product technology results. This March, the second-generation Blade Battery and Flash Charge technology were officially released, refreshing the global record for production vehicle charging speed, solving the long-standing industry difficulties of slow charging and low-temperature charging, received recognition from the Ministry of Industry and Information Technology. Capacity construction and Flash Charge station layout matching it were promoted synchronously, 10,000 Flash Charge stations have now been built domestically, covering 332 cities nationwide; meanwhile planning to land 6,000 Flash Charge stations overseas in the coming year, helping popularize electrification globally.

The intelligent driving field also achieved major breakthroughs. In May, BYD announced achieving city navigation safety guarantees, combined with the previous intelligent parking safety guarantee, becoming the global only vehicle enterprise to achieve intelligent driving 'Dual Safety Guarantees'. By end of July, the volume of BYD vehicles equipped with assisted driving exceeded 3.52 million units, the God's Eye System generates over 220 million kilometers of driving data daily. The self-developed 4nm intelligent driving chip, Xuanji A3, officially appeared, completing full-stack self-research from bottom-layer chips to software systems, continuously promoting innovation in automotive intelligence.

Upholding Corporate Responsibility, Practicing Green and Low-Carbon Development

Beyond operational development, BYD actively assumes social responsibility. Taxes paid domestically in the first half of 2026 totaled 22.3 billion yuan. The enterprise established a 2045 full value chain carbon neutrality goal, ESG comprehensive performance ranked among the forefront of domestic enterprises. In the first half of the year, the new energy vehicles under the brand reduced carbon emissions by a total of 23.17 million tons over their full life cycle, equivalent to planting 386 million trees, contributing solidly to the green and low-carbon cause.

Outlook for the Second Half

In the first half of 2026, the global automotive industry structure was reshaped, many car enterprises faced profit pressure, BYD achieved counter-trend growth, multiple core indicators in the second quarter reached new peaks. Outlook for the Second Half, new technologies continue to land, the proportion of high-end models further improved, the overseas layout entered the harvest stage, the company's profitability is expected to continue to be released, the full-year performance has a favorable basis. Relying on technology innovation, global layout, and a high-end product matrix, operating quality and efficiency achieved a steady increase, BYD is reshaping its own growth path, continuously leading the transformation of the global new energy vehicle industry.

Walking along Singapore streets, you'll notice an interesting phenomenon — whether on city main roads, core business districts, or shopping malls, BYD models are everywhere. In one of the markets with the highest car ownership costs and strictest entry standards globally, this Chinese brand is being fiercely pursued by local consumers.

The numbers speak for themselves. As of July 2026, BYD has topped the passenger car sales champion across all brands in Singapore for 19 consecutive months. From January to July 2026, BYD captured 24.7% of the overall local car market and 40.3% of the pure electric vehicle market — on average, 1 out of every 4 new cars is a BYD, and over 4 out of every 10 pure electric cars come from BYD.

As is well known, Singapore's car purchase threshold is extremely high, and BYD models are priced quite high, yet they are regarded as a premium brand locally and remain hot-selling despite the "high price". This is absolutely not accidental, but a double victory of product technology and localized operational capabilities. On the channel front, BYD has deployed 16 retail touchpoints, with some stores directly entering core shopping malls to reach high-end audiences through innovative models, and dealer confidence continues to strengthen.

Hard power is the confidence. On July 24, 2026 Silk Road 10,000 Mile Journey · Enlightenment Road ASEAN Line departed from Xi'an, lasting 33 days traversing Thailand and Malaysia, concluding upon landing in Singapore, with the Dynasty, Ocean, Denza, Fang Cheng Bao, and Yang Wang five major matrices providing escort throughout. The Silk Road journey accompanied by green energy, supporting the expedition are precisely the two technologies: Flash Charging and God's Eye.

Flash Charging makes "charging like refueling" a reality: 5 minutes to charge from 10%-70% at normal temperature, 9 minutes to charge to 97%; from 20%-97% in extreme cold at -30° only takes 3 more minutes. On August 28, BYD Flash Charging stations officially surpassed 10,000, with 20,000 stations to be built by the end of the year, within 5 kilometers in 90% of urban areas for charging. God's Eye B equipped with LiDAR covers highways, city pilot, and smart parking, and pioneered the "Double Safety Net" — Smart Parking lifetime guarantee, City Pilot 1-year guarantee. The 19-time Champion is just the beginning.

Di jalan-jalan di Singapura, anda akan menemui fenomena menarik—sama ada di lebuh raya utama bandar, pusat perniagaan utama atau pusat membeli-belah, model BYD boleh didapati di mana-mana. Di antara pasaran dengan kos pemilikan kereta tertinggi dan piawaian kemasukan paling ketat di dunia, jenama dari Tiongkok ini sedang digilai oleh pengguna tempatan secara gila.

Data bercakap sendiri. Sehingga Julai 2026, BYD telah menduduki puncak kejuaraan jualan semua jenama kereta penumpang di Singapura selama 19 bulan berturut-turut. Jan-Julai 2026, BYD mengambil 24.7% bahagian pasaran kereta keseluruhan tempatan, pasaran elektrik tulen 40.3%—setiap 4 kereta baharu ada 1 adalah BYD, setiap 10 kereta elektrik tulen lebih 4 dari BYD.

Sudah jelas, ambang membeli kereta di Singapura sangat tinggi, harga model BYD tidak rendah, namun tetap dianggap jenama gred tinggi di sana, dan tetap laris walaupun dalam keadaan 'harga tinggi'. Di sebalik ini bukan kebetulan, tetapi kemenangan dua kali ganda teknologi produk dan keupayaan operasi tempatan. Dari segi saluran, BYD telah mengagihkan 16 titik runcit, sebahagian kedai terus ke pusat membeli-belah utama, menyentuh golongan mewah dengan model inovatif, keyakinan pengedar terus bertambah.

Kekuatan sebenar adalah asas. 24 Julai, Perjalanan Jalur Sutra Seribu Peril·Litar Inspirasi ASEAN bermula dari Xi'an, selama 33 hari melalui Thailand dan Malaysia, mendarat di Singapura untuk penamat, Dinasti, Lautan, Denza, Macan Persamaan, Yangwang lima matriks menyokong sepanjang jalan. Perjalanan jauh Jalur Sutra disertai tenaga hijau, sokongan ekspedisi, ialah dua teknologi Pengisian Pantas dan Mata Dewa.

Pengisian Pantas menjadikan 'mengisi seperti mengisi minyak' nyata: suhu biasa 5 minit mengisi sehingga 10%-70%, 9 minit penuh 97%; -30° cuaca beku 20%-97% hanya tambah 3 minit. 28 Ogos stesen pengisian pantas BYD rasmi pecah 10,000, hujung tahun akan bina 20,000, 90% kawasan bandar 5km boleh isi semula. Mata Dewa B pakai laser, meliputi laju, panduan bandar dan parkir pintar, lebih cipta 'perlindungan ganda'—parkir pintar perlindungan sepanjang hayat, panduan bandar jaminan 1 tahun. Juara 19, hanyalah permulaan.

Petang 28 Ogos, BYD (002594.SZ) secara rasmi telah mengeluarkan laporan kewangan separuh tahun 2026, pelbagai data operasi perusahaan menunjukkan prestasi yang stabil. Tempoh laporan merekodkan pendapatan operasi 344.8 bilion yuan, keuntungan bersih kumpulan 12.3 bilion yuan, pelaburan R&D 28.9 bilion yuan, rizab tunai sehingga 167.4 bilion yuan. Di mana prestasi suku kedua khususnya cemerlang, keuntungan bersih meningkat 30% berbanding tahun sebelumnya, margin kasar dinaikkan ke 18.9%, mencatatkan rekod tertinggi dalam tempoh setahun, tahap keuntungan perusahaan terus membaik.

Di ketika ini persaingan pasaran kenderaan automotif semakin sengit, BYD bergantung kepada asas operasi yang kukuh dan struktur perniagaan yang berterusan dioptimumkan, keseluruhan perkembangan pada separuh tahun pertama sangat kuat, memperkukuh lagi kedudukan perusahaan ketua industri.

Fokus Ganda Luar Negara dan Tahap Tinggi, Membuka Ruang Pertumbuhan Baru

Pada separuh tahun pertama, jualan pasaran luar negara BYD mencapai 790,000 unit, meningkat 68% berbanding tahun sebelumnya, peta perniagaan telah merangkumi lebih 120 negara dan wilayah, di United Kingdom, Brazil, Thailand dan negara luar negara utama telah menjuarai jualan kenderaan tenaga baharu. Dengan pelepasan kapasiti kilang tempatan luar negara secara beransur, saluran penjualan semakin sempurna, perniagaan luar negara telah menjadi daya penting menarik pertumbuhan pendapatan BYD.

Sektor jenama tahap tinggi juga memberikan jawapan cemerlang, Fangcheng Bao, Denza, Yangwang tiga jenama tahap tinggi pada separuh tahun pertama jumlah jualan 228,000 unit, meningkat 61% berbanding tahun sebelumnya, peratusan jualan dinaikkan ke 12.6% daripada jumlah jualan keseluruhan. Di antaranya Fangcheng Bao jualan 160,000 unit, peningkatan tahun ke tahun 163%; Denza Jun jualan bulanan tunggal kali pertama pecahkan 20,000 unit, harga purata produk mencapai 360,000 yuan; Yangwang sebagai jenama mewah kenderaan baharu tenaga tempatan peringkat berjuta-juta yuan, juga merupakan jenama kereta mewah berjuta-juta yuan pertama dalam negara dengan jualan pantas pecahkan 10,000 unit.

Pemanduan dwi hala pengantarabangsaan dan pentahapan tinggi, menggerakkan struktur produk terus dioptimumkan, membantu penambahbaikan keuntungan suku kedua. Laporan kewangan keuntungan bersih ini dipengaruhi kerugian pertukaran mata wang akibat kadar tukaran berfluktuasi, tetapi status keuntungan perniagaan utama perusahaan kekal stabil, mencerminkan dengan jelas ketahanan operasi yang kuat.

Pelaburan Berat untuk R&D, Teknologi Teras Mempercepat Penukaran

Dibalik prestasi operasi yang cemerlang, adalah sokongan pelaburan R&D yang berterusan tinggi. 2026 separuh tahun pertama pelaburan R&D BYD 28.9 bilion yuan, kumulatif pelaburan R&D pecahkan 270 bilion yuan, tetap menduduki barisan hadapan pertama pelaburan R&D dalam saham A.

Pelaburan R&D jumlah besar dengan cepat ditukar kepada hasil teknologi produk praktikal. Mac tahun ini, generasi kedua bateri pisau dan teknologi cas kilat secara rasmi dilancarkan, merekodkan kelajuan cas kenderaan kuantiti global, menyelesaikan masalah jangka panjang mengganggu industri cas perlahan, cas suhu rendah, mendapat pengiktirafan Kementerian Perindustrian. Bersedia dengan pembinaan kapasiti, layout stesen cas kilat berjalan serentak, dalam negara kini telah dibina 10,000 stesen cas kilat, merangkumi 332 bandar di seluruh negara; pada masa yang sama merancang masa depan satu tahun di luar negara mendarat 6,000 stesen cas kilat, membantu pengamalan penggeraan global.

Kawasan pemanduan pintar juga mencapai pecahan besar, BYD Mei mengumumkan luaran mencapai bumbung keselamatan panduan bandar, ditambah sebelumnya bumbung keselamatan parkir pintar, menjadi syarikat kereta tunggal di dunia yang mencapai pemanduan pintar "dua bumbung keselamatan". Hingga akhir Julai, kenderaan BYD dilengkapi pemanduan bantuan jumlah simpanan melebihi 3.52 juta unit, sistem Mata Dewa setiap hari menghasilkan data memandu melebihi 220 juta kilometer. Cip pemanduan pintar 4nm dirangka sendiri Xuanji A3 rasmi muncul, lengkap dari cip asas ke sistem perisian keseluruhan siri dirangka sendiri, berterusan memajukan inovasi automotif pintar.

Pegangan Tanggungjawab Perusahaan, Mewujudkan Pembangunan Hijau Rendah Karbon

Dalam pembangunan operasi, BYD secara aktif mengambil tanggungjawab sosial. 2026 separuh tahun pertama jumlah cukai dalam negara 22.3 bilion yuan. Perusahaan menentukan 2045 tahun semua nilai rantaian sasar neutral karbon, prestasi ESG keseluruhan menduduki depan perusahaan dalam negara. Separuh tahun pertama kenderaan baru tenaga anak perusahaan jumlah kitaran hayat dikurangkan pelepasan karbon 23.17 juta tan, setara pokok 386 juta, benar-benar sumbangan kepada usaha hijau rendah karbon.

Wawasan Separuh Tahun Kedua

2026 separuh tahun pertama keseluruhan industri automotif dunia reka bentuk semula, tidak kurang syarikat kereta menghadapi tekanan keuntungan, BYD mencapai pertumbuhan berlawanan tren, suku kedua pelbagai indikator utama sekali lagi memuncak. Wawasan separuh tahun kedua, teknologi baharu berterusan mendarat, nisbah model tahap tinggi meningkatkan lagi, layout luar negara masuk ke peringkat hasil, keuntungan perusahaan dijangka berterusan dibebaskan, prestasi tahun penuh mempunyai asas membaik. Bergantung kepada inovasi teknologi, layout globalisasi dan matriks produk tahap tinggi, kualiti dan kuantiti operasi mencapai peningkatan stabil, BYD sedang mereka semula jalan pertumbuhan diri, berterusan memimpin perubahan industri kenderaan baharu tenaga global.

August 25, the Silk Road 10,000-Mile Journey activity, bearing world-class historical and cultural significance, concluded successfully in Singapore!

This fleet, composed of five BYD networks and four brands, departed from Xi'an, the starting point of the Silk Road, lasted 33 days, crossed six domestic provinces, passed through Thailand, Malaysia, and finally arrived in Singapore. Along the way, Flash Charge efficiently replenished energy, God's Eye ensured safety and peace of mind, and Cloud Suspension provided comfortable and stable travel. BYD used disruptive technology to solve all pain points of long-distance travel for new energy vehicles.

In Singapore, BYD is regarded by local users as high-end luxury cars. Taking the Dolphin as an example, the price in Singapore is around 900,000 RMB, truly unaffordable for ordinary people. Even selling at such a high price, sales rose steadily. From January to July, the market share of the overall passenger car market was 24.7%, occupying one-quarter of the entire Singapore passenger car market. Among them, the market share of pure electric vehicles reached 40.3%. It has also ranked first in total brand sales for 19 consecutive months.

Currently, BYD New Energy Vehicles have entered 120 countries and regions. In the first half of this year, sales in Thailand, the UK, Italy, Spain, Saudi Arabia, the UAE, South Africa, and other places were booming. In Brazil, nearly 100,000 units were sold in just 6 months.

From January to July, overseas cumulative sales exceeded 970,000 units, a year-on-year increase of 76%; July overseas sales were 179,800 units, a year-on-year increase of 124.3%.

Based on overseas sales figures, it can be seen that foreigners do not favor century-old brands. Seeing the reliable, safe, smart, and energy-efficient BYD, they simply cannot turn away.

In ancient times, there was the Silk Road; Zhang Qian's mission to the Western Regions opened up ancient trade routes. Today, BYD New Energy Vehicles cross borders for travel, retracing the Silk Road with China's smart manufacturing, supporting green transportation on the Belt and Road, and using technical strength to promote green transformation.

25 Ogos, program perjalanan Jalur Sutera Sejuta Batu yang merupakan simbol sejarah budaya bertaraf dunia, telah berjaya disempurnakan di Singapura!

Armada yang terdiri daripada lima rangkaian dan empat jenama BYD kali ini, berlepas dari Xi'an, titik permulaan Jalur Sutera, selama 33 hari, merentasi enam wilayah di dalam negara, melalui Thailand, Malaysia, akhirnya tiba di Singapura. Sepanjang perjalanan, pengecasan pantas untuk tenaga yang efisien, Mata Dewa untuk keselamatan yang memudahkan, Yun Nian untuk perjalanan yang selesa dan stabil, BYD menggunakan teknologi yang melampau, menyelesaikan semua masalah utama perjalanan jarak jauh kenderaan tenaga baharu.

BYD di Singapura, dianggap oleh pengguna tempatan sebagai kenderaan mewah kelas atas, ambil contoh Lumba-laut, di Singapura harga jualannya sekitar 900,000 Yuan China, benar-benar bukan sesetengah orang mampu membelinya, walaupun dijual sebegitu mahalnya, jualan juga naik secara stabil, Januari-Julai, keseluruhan pasaran kereta penumpang, bahagian pasaran 24.7%, menduduki seperempat keseluruhan pasaran kereta penumpang Singapura. Di antaranya bahagian pasaran kereta elektrik tulen mencapai 40.3%. Dan selama 19 bulan berturut-turut meraih jualan jenama nombor satu.

Kini kenderaan tenaga baharu BYD telah memasuki 120 negara dan wilayah, separuh tahun ini, di Thailand, Britania Raya, Itali, Sepanyol, Arab Saudi, Emiriah Arab Bersatu, Afrika Selatan dan lain-lain, jualan telah cemerlang, di Brazil hanya 6 bulan telah menjual hampir 100,000 unit.

Januari-Julai jualan luar negara terkumpul melebihi 970,000 unit, peningkatan tahun ke tahun 76%; Julai jualan luar negara 179,800 unit, peningkatan tahun ke tahun 124.3%.

Daripada jualan pasaran luar negara dapat dilihat, orang asing tidak terikat pada jenama lama, mereka melihat BYD yang boleh dipercayai, selamat, pintar, dan jimat tenaga, mereka benar-benar tidak mampu menandingi.

Dahulu ada Jalur Sutera, Zhang Qian diutus ke Barat, membuka laluan perniagaan kuno, kini ada BYD kenderaan tenaga baharu perjalanan merentas negara, dengan Pembuatan Cemerlang China mengulangi Jalur Sutera, membantu hijau Inisiatif Satu Jalur Satu Jalan, menggunakan kekuatan teknologi, memacu transformasi hijau.

On August 25, the "2026 Silk Road 10,000-Li Journey · Road of Enlightenment", with BYD serving as the mobility partner for the entire journey, officially concluded in Singapore.

This event was packed with highlights. The Silk Road 10,000-Li Journey departed from Xi'an on July 24. Led by a new energy vehicle fleet composed of BYD's Dynasty, Ocean, Denza, Fang Cheng Bao, and YangWang, five lines and four brands, it traversed six provinces within the country, then crossed the sea to Thailand and Malaysia, finally arriving in Singapore. The entire journey lasted 33 days and covered over 10,000 kilometers, placing high demands on the adaptability of BYD's new energy vehicles to various regional climates and road conditions.

Traveling along the Silk Road accompanied by green energy, the BYD fleet completed driving in various scenarios including highways, mountain roads, and urban congested sections. It withstood the test of the 10,000-Li Journey thanks to two core technologies: Flash Charging and the Heavenly Eye Assist Driving System. Especially the Flash Charging technology, room temperature 5 minutes to charge effectively (10%-70%), 9 minutes to fully charge (97%), extreme cold from 20%-97% takes only 3 minutes extra. It can accommodate most driving scenarios and also improves the efficiency of the Silk Road fleet's journey.

It is worth mentioning that as of now, the number of BYD Flash Charging stations built is nearly 10,000 (by August 28, BYD had built 10,000 Flash Charging stations). It is planned that by the end of 2026, 20,000 Flash Charging stations will be built nationwide, making energy replenishment more convenient.

The conclusion of this Silk Road 10,000-Li Journey event in Singapore also reflects BYD's "clever moves". Singapore has strict access standards and a high-end consumer market, known as the pressure test field for cars from various countries. As of July 2026, BYD has become the top-selling passenger car brand in Singapore for 19 consecutive months. Moreover, in many overseas countries, BYD is also regarded as a high-end brand. Choosing Singapore as the destination also helps BYD expand its influence there.

In the context of the gradually saturating domestic market, going overseas has become a path that Chinese cars must take. BYD's performance in Singapore can directly prove its reliability and provides richer experience for its future push into the global market. Coupled with the popularity of this Silk Road 10,000-Li Journey event, it is believed that BYD will be more popular in the ASEAN market.

On August 25, the highly anticipated "2026 Silk Road 10,000-Li Journey · Enlightenment Path" event concluded successfully in beautiful Singapore, putting a wonderful finale to this transnational journey spanning mountains and seas. BYD served as the exclusive travel partner for the entire event, escorting the entire Silk Road journey with its hardcore green energy strength. Green energy accompanied the Silk Road long journey. At the closing ceremony site, Li Yunfei, General Manager of the Brand and Public Relations Department of BYD Group, and Zhang Lianye, Party Committee Secretary, Chairman, and Station Director of Shaanxi Broadcasting Media Group (TV), jointly announced that this transnational Silk Road trip had concluded successfully and ended with honors.

This was a romantic expedition to mountains and seas, and an era-forward march dedicated to the Silk Road! A 33-day journey of galloping, the Silk Road车队 traveled over 10,000 kilometers. Setting off proudly from the start of the Silk Road, it spanned across six major provinces domestically, passed through Southeast Asian countries such as Thailand and Malaysia, and finally landed smoothly in Singapore, a key maritime Silk Road hub city. It witnessed the blending beauty of the Land and Maritime Silk Roads along the way, writing new stories of green travel for the Silk Road in the new era.

2026 is a year of extraordinary significance, coinciding with the fifth anniversary of the establishment of the China-ASEAN Comprehensive Strategic Partnership. Based on this important era node, this event, with the vivid theme of "Technology Innovating Towards New · Civilization Converging Towards Heart", cleverly connected two key coordinates: the ancient land Silk Road starting point in Xi'an and the core maritime Silk Road hub in Singapore. It deeply integrated three core kernels: cultural exchange, technological dialogue, and trade interconnection, vividly interpreting the new development pattern of land-sea linkage and mutual empowerment in the Belt and Road Initiative. The scene was star-studded, with elites from all sectors at home and abroad, representatives of overseas Chinese, and peers from mainstream media gathering in the Lion City, jointly witnessing the new vitality of the land-sea Silk Road in the new era, and listening to the new echoes of mutual learning between civilizations.

The closing ceremony gala was full of wonderful activities. Cai Shandi, Cultural Counselor of the Chinese Embassy in Singapore, and Wang Gang, Chairman of Singapore Shaanxi Association, took the stage successively to speak, endorsing this Silk Road event and sending best wishes for China-Singapore cultural and trade exchanges and green industry cooperation.

The long Silk Road journey was a comprehensive and rigorous test of vehicle performance, range capability, and intelligent driving. BYD presented a perfect score with its full matrix of new energy products! The exclusive fleet for this event gathered the five product matrices of BYD Dynasty, Ocean, Denza, Fang Cheng Bao, and Yangwang, and four high-end brands, fully covering various travel scenarios. From smooth highway sections, winding mountain roads to congested urban blocks, the complex and changeable road conditions increased layer by layer, fully testing the comprehensive hard strength of the vehicles.

After tempering in a 10,000-kilometer real-world journey, BYD's two core black technologies emerged from the crowd, firmly standing out! The self-developed Flash Charge Technology achieved super-strong performance of "5 minutes efficient energy replenishment, 9 minutes full power range", matching with a perfect energy replenishment network built by nearly 10,000 Flash Charge stations across the country, completely solving the anxiety of energy replenishment for long-distance travel, making cross-city and cross-country long-distance travel easy and worry-free. At the same time, the "Heavenly Eye" high-level assisted driving system continuously iterated and optimized with huge real driving data of over 220 million kilometers per day, smartly escorting every journey, greatly relieving the fatigue of long-distance driving, ensuring the fleet galloped smoothly and arrived at the Nanyang shore safely throughout the journey. From the ancient scene of camel team rest stations replenishing supplies on the ancient Silk Road, to the modern transnational expedition empowered by new energy technology, the upgrade of Silk Road travel fully displays the hard strength and era responsibility of Chinese technology.

Deeply cultivating the Singapore market, BYD, relying on outstanding product power and high quality reputation, continues to lead the local new energy market! Data witnesses strength. As of July 2026, BYD has achieved the excellent result of 19 consecutive months ranking first in sales across all passenger car brands in Singapore. From January to July 2026, BYD's passenger car market share in the local area broke through 24.7% strongly, where the pure electric vehicle market share reached as high as 40.3%, stably occupying the head position of the industry. Nowadays, walking on the streets of Singapore, whether on main urban roads, core business districts, or popular shopping centers, BYD new energy vehicles are everywhere, brand awareness and national recognition are rising continuously, and deeply rooted in the local market.

As is well known, Singapore is one of the markets with extremely high car purchase costs globally. Strict purchase thresholds make local consumers especially cautious and quality-focused when choosing a car. Even in such a high-standard, high-demand market environment, BYD models still continue to sell well and stay at the forefront despite a not-low sales price, relying on high-end quality, intelligent experience, and hard strength, fully verifying strong product competitiveness, and giving local dealers full confidence to deeply cultivate the Singapore market in the long term. Currently, BYD has laid out 16 high-quality retail touchpoints in Singapore, with multiple stores forcefully entering core urban shopping centers. With the continuous climb of brand influence and market recognition, local dealers continue to add resources to terminal construction, comprehensively upgrading store site selection, space specifications, brand display, service systems, etc., to create a high-standard brand service experience.

Not only deeply cultivating the Southeast Asian market, in 2026 BYD's overseas business accelerated comprehensively, unstoppable, opening a new journey of global high-speed growth! Latest data shows that from January to July this year, BYD's overseas cumulative sales exceeded 970,000 units, surging 76% year-on-year; only the single month of July overseas sales reached 179,800 units, a year-on-year increase of up to 124.3%, with a very rapid growth momentum. So far, BYD's new energy vehicle footprint has covered more than 120 countries and regions globally, letting Chinese Smart Manufacturing and Chinese Green Energy go to the world.

Good news arrives frequently in markets around the world, highlighting BYD's globalization hard strength! In the first half of 2026, BYD took the championship throne of new energy vehicle sales in Thailand and Singapore at once; it successfully topped the new energy vehicle sales list in two European markets, Italy and Spain; UK market sales exceeded 38,000 units; Brazil market sales approached 100,000 units, continuing to stably rank first in local new energy vehicle sales. In addition, in multiple countries such as Saudi Arabia, UAE, and South Africa, BYD also stays at the first place of local new energy vehicle sales, and the global market map continues to expand.

A Silk Road 10,000-Li journey, a technology dream-chasing road! This "Silk Road 10,000-Li Journey" event innovatively deeply integrated the exploration of millennia-old Silk Road culture with new energy transnational travel, intuitively displaying the latest achievements of Chinese brands assisting green traffic upgrades and low-carbon industry development in countries along the Belt and Road Initiative. In the future, BYD will continue to use new energy vehicles as the core carrier, continuously output high-quality products, intelligent manufacturing technology, and perfect service systems, deeply participate in the collaborative development of the global automotive industry, help the global traffic green and low-carbon transformation, and continue to bloom the brilliance of Chinese brands on the world stage!

Pada 25 Ogos, 'Perjalanan Seribu Mil Rantau Sutra 2026·Jalan Inspirasi' yang mempunyai BYD sebagai rakan perjalanan sepanjang masa secara rasmi diumumkan ditamatkan di Singapura.

Kali ini boleh dikatakan sangat menarik. Perjalanan Seribu Mil Rantau Sutra bermula dari Xi'an pada 24 Julai. Armada kenderaan tenaga baharu yang terdiri daripada lima rangkaian dan empat jenama BYD, iaitu Dinasti, Lautan, Denza, Fang Cheng Bao, dan Yangwang. Mereka melalui enam wilayah di negara ini, kemudian menyeberang laut ke Thailand dan Malaysia, akhirnya tiba di Singapura. Sepanjang tempoh 33 hari, mereka menempuh lebih 10,000 kilometer, yang menguji keupayaan kenderaan baharu BYD menyesuaikan dengan iklim dan keadaan jalan raya di pelbagai wilayah.

Perjalanan jauh di Rantau Sutra didampingi tenaga hijau. Dalam acara kali ini, armada BYD berjaya melalui pelbagai senario seperti jalan lebuh raya, jalan pergunungan, dan jalan bandar yang sesak. Ia bergantung kepada dua teknologi teras iaitu pengecasan pantas dan sistem bantuan pemanduan 'Mata Dewa', yang berjaya melalui ujian Perjalanan Seribu Mil. Terutamanya teknologi pengecasan pantas, 5 minit untuk cas biasa (10%-70%) pada suhu bilik, 9 minit untuk cas penuh (97%), dari 20% ke 97% pada suhu sejuk melampau hanya memerlukan tambahan 3 minit, boleh mematuhi kebanyakan senario penggunaan kenderaan, juga meningkatkan kecekapan perjalanan pasukan Rantau Sutra.

Perlu diketahui, sehingga kini, stesen pengecasan pantas BYD telah hampir mencapai 10,000 stesen (pada 28 Ogos, BYD telah membina 10,000 stesen pengecasan pantas). Diberi rancangan hingga akhir 2026, seluruh negara akan mempunyai 20,000 stesen pengecasan pantas, pengisian tenaga akan menjadi lebih memudahkan.

Penamatan acara Perjalanan Seribu Mil Rantau Sutra kali ini di Singapura, juga mempunyai 'perancangan halus' BYD. Singapura mempunyai piawaian kemasukan yang ketat dan pasaran pengguna bertaraf tinggi, boleh dianggap sebagai medan ujian tekanan kereta antarabangsa. Sehingga Julai 2026, BYD telah menjadi juara jualan kenderaan penumpang untuk semua jenama di Singapura selama 19 bulan berturut-turut, dan di banyak negara luar negara, BYD juga dianggap sebagai jenama kelas tinggi. Menentukan Singapura sebagai destinasi, juga membantu BYD memperluaskan pengaruhnya di tempat tersebut.

Dalam keadaan pasaran dalam negara yang semakin tepu, ekspansi antarabangsa telah menjadi satu jalan wajib untuk kereta dari China. Prestasi BYD di Singapura boleh membuktikan kebolehpercayaannya secara langsung, juga menyediakan pengalaman lebih banyak untuknya pada masa hadapan bagi menembusi pasaran global. Ditambah dengan populariti acara Perjalanan Seribu Mil Rantau Sutra kali ini, diyakini BYD akan lebih diterima di pasaran ASEAN.

25 Ogos, acara "Perjalanan Ribuan Mil Jaluran Sutra 2026·Jalan Inspirasi" yang ditunggu-tunggu telah berakhir dengan jaya di Singapura yang indah, memberikan hujung yang cemerlang kepada ekspedisi antarabangsa merentasi gunung dan laut ini. Acara ini sepenuhnya ditangungi oleh BYD sebagai rakan perkongsian perjalanan, dengan kekuatan tenaga hijau terulung untuk melindungi perjalanan Jalur Sutra. Perjalanan Jalur Sutra disertai Tenaga Hijau, di lokasi upacara penutup, Li Yunfei, Ketua Jabatan Pengurusan Brand dan Hubungan Awam Kumpulan BYD, bersama Zhang Lianye, Setiausaha Parti, Pengerusi dan Ketua Stesen Kumpulan Media Terintegrasi Shaanxi Guangdian, mengisytiharkan secara rasmi dan mengumumkan bahawa perjalanan Jalur Sutra antarabangsa ini telah selesai dengan jaya dan pulang dengan kemenangan.

Inilah ekspedisi romantis yang menuju ke gunung dan laut, dan juga langkah masa depan yang menghormati Jalur Sutra! Perjalanan berlari selama 33 hari, kenderaan Jalur Sutra berlari lebih 10,000 kilometer, bertolak dengan semangat dari titik permulaan Jalur Sutra, merentasi enam wilayah utama di dalam negara, melintasi negara-negara Asia Tenggara seperti Thailand dan Malaysia, akhirnya berjaya mendarat di Singapura, bandar hab Jalur Laut ini, menyaksikan keindahan perpaduan Jalur Darat dan Laut, menulis cerita baru perjalanan hijau era baharu dalam Jalur Sutra.

Tahun 2026 sangat bermakna, tepat pada tahun kelima Rangka Kerja Perkongsian Strategik Menyeluruh China-ASEAN. Berlandaskan titik penting masa ini, acara ini mengambil tema "Teknologi Menuju Baharu · Peradapan Menuju Hati", dengan cermat menyambungkan dua koordinat utama, titik permulaan Jalur Sutra Darat di Xi'an dan hab utama Jalur Laut di Singapura, mengintegrasikan mendalam tiga teras utama, pertukaran budaya, dialog teknologi dan hubungan ekonomi perdagangan, menginterpretasikan secara hidup pola pembangunan baharu "Jalur dan Sutra" yang menggerakkan darat dan laut, memberi kuasa dua hala. Tempat acara dipenuhi bintang, ahli elite dari dalam dan luar negara, wakil warganegara luar negara, rakan media utama berkumpul di Kota Singa, bersama-sama menyaksikan活力 baru Jalur Darat dan Laut era baharu, mendengar gema baru pertukaran peradaban.

Puncak upacara ini penuh keajaiban, Cai Shandi, Pegawai Pejuang Kebudayaan Kedutaan China di Singapura, Wang Gang, Pengerusi Persatuan Shaanxi Singapura, secara berturut-turut naik pentas untuk memberi ucapan, memberi kuasa dan pujian kepada acara Jalur Sutra ini, dan mengirim harapan baik untuk pertukaran budaya dan ekonomi perdagangan China-Singapura, kerjasama industri hijau.

Perjalanan Jalur Sutra ribuan mil yang panjang, merupakan ujian ketat menyeluruh terhadap prestasi kenderaan, kemampuan julat, dan pemanduan pintar, dan BYD telah menjawab dengan kertas kerja penuh dengan produk tenaga baru senarai penuh! Kenderaan eksklusif acara ini menghimpun lima senarai produk BYD Dinasti, Laut, Denza, Fangchengbao, Yangwang, empat jenama tinggi, menutupi secara menyeluruh pelbagai senario perjalanan. Dari laluan bebas, jalan berkelok gunung hingga kawasan bandar sesak, keadaan jalan pelbagai dan kompleks ditambah berlapis, menguji kekuatan hard komprehensif kenderaan sepenuhnya.

Selepas ditapis oleh perjalanan sebenar ribuan mil, dua teknologi hitam teras BYD tampil keluar dengan stabil! Teknologi Cas Pantas hasil ciptaan sendiri mencapai prestasi hebat "Cas Efisien 5 Minit, Julat Penuh 9 Minit", disepadukan dengan rangkaian cas yang sempurna dengan hampir 10,000 stesen cas pantas di seluruh negara,彻底 memecahkan kerisauan cas perjalanan jauh, menjadikan perjalanan jauh merentasi bandar, merentasi negara mudah dan tanpa bimbang. Pada masa yang sama, sistem bantuan pemanduan tahap tinggi "Mata Dewa"凭借 berjuta-juta data perjalanan sebenar setiap hari melebihi 220 juta kilometer terus mengoptimum dan mengitlasi, melindungi secara pintar setiap perjalanan, mengurangkan rasa letih pemanduan jauh dengan besar, memelihara keseluruhan perjalanan kenderaan stabil berlari, berjaya ke Laut Selatan. Dari skema lama rehat dan suplai stesen kafilah untam Jalur Sutra kuno, hingga ekspedisi antarabangsa moden yang diberi kuasa oleh teknologi tenaga baru, peningkatan dan pembaikan perjalanan Jalur Sutra, menunjukkan kekuatan hard teknologi China dan tanggung jawab zaman dengan jelas.

Mendalami pasaran Singapura, BYD凭借 kekuatan produk yang menonjol dan reputasi berkualiti, terus memimpin pasaran tenaga baharu tempatan! Data membuktikan kekuatan, sehingga Julai 2026, BYD telah menang dalam kedudukan teratas penjualan model penumpang semua jenama Singapura selama 19 bulan berturut-turut. Januari hingga Julai 2026, saham pasaran model penumpang di tempatan BYD mencapai kuat menembus 24.7%, di mana saham pasaran model model elektrik suci adalah tinggi hingga 40.3%, tetap kedudukan teratas industri. Kini berjalan di jalan raya Singapura, sama ada jalan utama bandar, kawasan perniagaan utama, atau pusat membeli-belah popular, model tenaga baharu BYD terdapat di mana-mana, pengenalan jenama dan pengiktirafan rakyat terus meningkat, menanam akar kuat di pasaran tempatan.

Bagi umum, Singapura adalah salah satu pasaran dengan kos pembelian kereta paling tinggi di dunia, ambang pembelian kereta yang ketat membuatkan pengguna tempatan memilih kereta sangat berhati-hati, memberi tumpuan pada kualiti. Walaupun dalam keadaan pasaran berpihak tinggi, berkeperluan tinggi ini, model BYD tetap凭借 kualiti tinggi, pengalaman pintar dan kekuatan hard, di bawah premis harga tidak rendah terus jualan panas, tetap kedudukan hadapan, membuktikan sepenuhnya daya saing produk yang kuat, dan membuatkan penjual runcit tempatan penuh keyakinan mendalam ke pasaran Singapura jangka panjang. Pada masa ini, BYD telah menyusun 16 lokasi sentuhan runcit berkualiti tinggi di Singapura, beberapa kedatan menjejak kuat ke pusat membeli-belah utama bandar. Dengan kesan jenama terus meningkat, pengenalan pasaran terus naik, penjual runcit tempatan terus meningkatkan pembinaan terminal, dalam pemilihan kedatan, spesifikasi ruang, pameran jenama, sistem perkhidmatan dll全面提升, mencipta pengalaman perkhidmatan jenama berpihak tinggi.

Tidak hanya mendalami pasaran Asia Tenggara, pada tahun 2026 perniagaan luar negara BYD mempercepatkan secara menyeluruh, kuat seperti bambu patah, membuka langkah baharu pertumbuhan tinggi global! Data terkini menunjukkan, Januari hingga Julai tahun ini, jumlah penjualan luar negara BYD mencapai lebih 970,000 unit, meningkat 76% berbanding tahun lalu; hanya pada Julai bulan, penjualan luar negara hanya mencapai 179,800 unit, pertumbuhan setinggi 124.3% berbanding tahun lalu, momentum pertumbuhan sangat pantas. Sehingga kini, jejak kereta elektrik baharu BYD telah tersebar ke lebih 120 negara dan wilayah di seluruh dunia, membawa Pengilangan China, Tenaga Hijau China menuju ke dunia.

Berita baik tersebar di seluruh dunia, menunjukkan kekuatan hard global BYD! Separuh tahun pertama tahun ini, BYD sekali naikkan kerusi juara penjualan kereta elektrik baharu di Thailand, Singapura; di dua pasaran Eropah Itali, Sepanyol berjaya menduduki tangga penjualan tenaga baharu, penjualan pasaran UK mencapai lebih 38,000 unit; penjualan pasaran Brazil mendekati 100,000 unit, tetap kedudukan teratas penjualan tenaga baharu tempatan. Selain itu, di banyak negara seperti Arab Saudi, Emiriah Arab Bersatu, Afrika Selatan, BYD tetap kedudukan pertama penjualan kereta elektrik baharu tempatan, peta pasaran global terus berkembang.

Satu perjalanan Jalur Sutra ribuan mil, satu jalan mengejar mimpi teknologi! Acara "Perjalanan Ribuan Mil Jaluran Sutra" ini, secara inovatif menyatukan penyelidikan budaya Jalur Sutra ribuan tahun dengan perjalanan antarabangsa tenaga baharu, menunjukkan secara langsung hasil terbaru bantuan jenama China meningkatkan pengangkutan hijau dan pembangunan industri karbon rendah negara-negara sepanjang "Jalur dan Sutra". Masa depan, BYD akan terus menggunakan kereta elektrik baharu sebagai pemegang utama, terus mengeluarkan produk berkualiti, teknologi pengilangan pintar dan sistem perkhidmatan lengkap, menyertai pembangunan bersantai industri kereta global, membantu transformasi hijau rendah karbon pengangkutan global, terus memancarkan cahaya jenama China di pentas dunia!

August 25, the concluding ceremony of the "2026 Silk Road 10,000-Li Journey · Road of Enlightenment" was held in Singapore. As the exclusive travel partner for this event, the BYD new energy vehicle fleet completed the 33-day cross-border journey, successfully finishing this 10,000-li journey reported by Xinhua Daily Network. Li Yunfei, General Manager of the Brand and Public Relations Department of BYD Group, and Zhang Lianye from Shaanxi Broadcasting Media Group jointly announced the successful conclusion of this multi-country expedition.

This new energy vehicle fleet composed of five series under four brands from BYD, Dynasty, Ocean, Denza, Fang Cheng Bao, and Yangwang, after 33 days and traveling over 10,000 Li, departed from Xi'an, the starting point of the Land Silk Road, crossing six provinces in China, traversing Thailand and Malaysia, finally arriving at Singapore, the hub of the Maritime Silk Road, successfully completing full-scenario road conditions including expressways, mountain roads, and urban congested sections.

Of note is that BYD's two core technologies performed brilliantly in this 10,000-Li real-world test: its Flash Charge technology delivers an experience of "fully charged in 5 minutes, fully topped up in 9 minutes", relying on the network layout of nearly 10,000 Flash Charge stations nationwide, completely resolving recharging anxiety for cross-border long-distance travel; the God's Eye Assisted Driving System continuously iterates based on over 220 million kilometers of real driving data daily, significantly reducing fatigue pressure for long-distance driving, safeguarding the fleet's smooth journey to Southeast Asia, transforming the traditional scene of camel caravan station supplies on the ancient Silk Road into a modern green expedition empowered by technology.

As a thematic event for the 5th anniversary of the establishment of the comprehensive strategic partnership between China and ASEAN in 2026, this Silk Road journey took "Technology for Innovation · Civilization for Cohesion" as its core, deeply integrating cultural exchange, tech dialogue, and trade connectivity, which also reflects BYD's deep cultivation results in overseas markets. As of July 2026, BYD has ranked first in passenger car sales across all brands in Singapore for 19 consecutive months, local passenger car market share reached 24.7% from January to July this year, BEV market share even broke through 40.3%, even in Singapore, a market with high purchase costs and extremely prudent consumer choices, BYD continues to establish a foothold with solid product strength, currently, 16 retail touchpoints have been established locally, some stores have moved directly into core business districts, brand awareness continues to rise.

Globally, in 2026, BYD's overseas business maintained high growth, overseas cumulative sales exceeded 970,000 units from January to July, a year-on-year increase of approximately 76%, its reach has covered over 120 countries and regions globally, leading new energy vehicle sales in multiple countries including Thailand, Singapore, Italy, Spain, and Brazil. This Silk Road 10,000-Li Journey is a vivid footnote to BYD using new energy vehicles as a carrier to participate in the joint construction of "Belt and Road" green transportation development and promote the green transformation of the global automotive industry.

August 25, in the Lion City of Singapore, the "2026 Silk Road 10,000 Li Journey · Enlightenment Road" concluded perfectly. As the travel partner for the entire event—the BYD New Energy Fleet—after 33 days, it set off from the starting point of the ancient Silk Road in Xi'an, crossed six provinces within the country, traveled through Thailand and Malaysia, and finally arrived in the Lion City of Singapore. Traversing the Silk Road accompanied by green energy, this 10,000-li journey perfectly showcased BYD's powerful technical strength.

Li Yunfei, General Manager of the Brand and Publicity Department of BYD Group, and Zhang Lianye, Party Secretary, Chairman, and Station Master of Shaanxi Radio, TV and Media Group (Station), jointly announced the successful conclusion of the event. 2026 marks the fifth anniversary of the establishment of a comprehensive strategic partnership between China and ASEAN, while the theme of this journey is "Technology Innovates, Civilization Unites". Many friends may have doubts, why did this event choose Xi'an and the Lion City of Singapore as the start and end points? Because our ancient capital Xi'an is the starting point of the ancient Silk Road, while Singapore is an important maritime hub connecting East and West.

In ancient times thousands of years ago, merchants traveled through the ancient Silk Road to transport goods, promote trade, and complete the transmission and exchange of technology and civilization. And today, our new energy vehicle industry picks up the baton, using smart technology, cultural integration, and economic and trade connectivity to witness the new era land and sea Silk Road resonating with new civilizational echoes, intuitively demonstrating the era value of "Belt and Road" land-sea linkage development. BYD cars are well-received in the Singaporean car market, and sales in the entire overseas market continue to rise. According to statistics, overseas sales exceeded 970,000 vehicles from January to July, with tracks reaching over 120 countries and regions worldwide.

The BYD fleet for this journey was powerful, with models from BYD's Dynasty Series, Ocean Series, Fang Cheng Bao brand, and Yang Wang brand all participating. Facing complex road conditions such as highways, mountain roads, urban congestion, and other scenarios, a substantial and rigorous test was completed, or rather a very severe trial. Because this ultra-long distance + complex road condition crossing test requires vehicles to possess extremely strong intelligent driving capabilities and, most importantly, charging speed.

It is gratifying that BYD's Flash Charge and God's Eye Assist Driving System, two core technologies, withstood the 10,000-li real-world test: The flash charging capability of "5 minutes to charge enough, 9 minutes to fill up" allows vehicles to maintain sufficient range, greatly reducing unnecessary time loss. "5 minutes to charge enough, 9 minutes to fill up" when we go to work or travel daily, this might just be a very short time parameter. But in the cross-border journey spanning 10,000 li, charging efficiency becomes crucial, because charging efficiency will affect the schedule efficiency of the entire fleet.

On the other hand, the God's Eye Intelligent Assist Driving System also withstood the rigorous test of real roads. In a long-distance driving process, what truly makes people feel tired is often not the complexity of a certain road condition, but rather continuous driving for multiple hours without stopping, which is what drivers find most difficult to bear. God's Eye relies on a large amount of real road data for continuous iteration, providing driving assistance in scenarios such as highways and urban elevated roads, making long-distance driving more comfortable. According to statistics, its average daily real driving data has exceeded 220 million kilometers. So the significance of this is that BYD does not keep technology on the press conference and parameter tables, but directly drives the vehicles 10,000 li away, using real roads to verify technology.

The final destination of this event, Singapore, is also worthy of our attention. As of July 2026, BYD has ranked first in passenger car sales across all brands in Singapore for a consecutive 19 months. From January to July this year, BYD passenger car market share in Singapore reached 24.7%, and the pure electric market share reached 40.3%. It should be known that Singapore is one of the markets with higher car ownership costs globally. Simply put, the threshold for buying a car in Singapore is very high, so consumers in Singapore adopt a very cautious attitude when choosing cars. Under the cautious attitude of consumers, BYD sales still maintain the lead, indicating that BYD products are gaining recognition from more and more overseas consumers.

Currently, BYD has established 16 retail touchpoints in Singapore, and some stores have even entered local core shopping centers. Turning our vision to the globe, from January to July this year, BYD's cumulative overseas sales have exceeded 970,000 vehicles, a year-on-year increase of about 76%; overseas sales in July reached 179,800 vehicles, a year-on-year increase of 124.3%. As of now, BYD new energy vehicles have entered over 120 countries and regions worldwide. From Thailand and Singapore to Europe, South America, the Middle East, and Africa, the presence of Chinese new energy vehicles can be seen in an increasing number of places.

This Silk Road 10,000 Li journey combined Silk Road culture exploration with new energy vehicle cross-border travel, presenting the latest progress of Chinese brands participating in the green traffic development of countries jointly building the "Belt and Road". Traversing the Silk Road accompanied by green energy, BYD leveraged the Silk Road exploration to further elevate the status of our independent new energy vehicles in the overseas car market. At the same time, it allowed our new energy vehicle industry chain, intelligent manufacturing, and service concepts to take root in the global car market, ultimately fully realizing the concepts of green travel and environmental protection.

On August 25, the "2026 Silk Road 10,000 Li Tour · Enlightenment Road" event, with exclusive travel cooperation support from BYD, successfully concluded in Singapore. BYD and the head of Shaanxi Broadcasting and Television Media Group jointly announced the event's closure. Guests from home and abroad, representatives of the overseas Chinese community, and media gathered in the Lion City to witness the Land and Sea Silk Roads radiating new era vitality.

2026 marks the fifth anniversary of the establishment of a comprehensive strategic partnership between China and ASEAN. This event, themed "Technology for Innovation · Civilization for Connection," connects the starting point of the land Silk Road in Xi'an with the sea Silk Road hub in Singapore. It integrates cultural exchange, tech dialogue, and economic trade communication, vividly interpreting the development connotation of the "Belt and Road" land-sea linkage. This Silk Road expedition lasted 33 days, covering over 10,000 kilometers. The convoy crossed six provinces in China, passed through Thailand and Malaysia, and finally arrived in Singapore, reinterpreting the Silk Road spirit with green new energy travel.

The event fleet gathered BYD Dynasty, Ocean, Denza, Fang Cheng Bao, and Yang Wang multi-brand new energy vehicle models, adapted for complex road conditions such as highways, mountain roads, and urban congestion. Relying on BYD's Flash Charging and Heaven's Eye assisted driving as two core technologies, along with a domestic network of nearly 10,000 fast charging stations, it effectively solved the pain points of energy replenishment for long-distance travel. It evolved the traditional station supply model of the ancient Silk Road into a technology-enabled modern green expedition.

As is well known, Singapore has high car purchase costs, prudent consumption choices, and strict market thresholds. However, BYD has always maintained a strong market performance. As of July 2026, BYD has ranked first in passenger car sales across all brands in Singapore for 19 consecutive months. From January to July this year, the local passenger car market share reached 24.7%, and the pure electric market share was as high as 40.3%. Even mid-to-high-end model sales remained firmly at the forefront, fully demonstrating the brand's reputation and product strength.

In 2026, BYD's overseas business grew rapidly. Cumulative overseas sales from January to July exceeded 970,000 units, a year-on-year increase of 76%, with overseas sales in July alone increasing by 124.3% year-on-year. Currently, BYD new energy vehicles are present in over 120 countries and regions worldwide, topping the new energy sales lists in ASEAN, Europe, South America, the Middle East, Africa, and many other countries and regions.

Green energy accompanies the long Silk Road journey. This Silk Road 10,000 Li tour combined Silk Road cultural exploration with cross-border green travel, showcasing new achievements of Chinese brands aiding the "Belt and Road" green transportation development. In the future, BYD will continue to use new energy products as a carrier, deeply participate in global automotive industry collaboration, and assist in the global transportation green and low-carbon transformation.