Text: Yu Yi
As the people of the whole country celebrated the New Year, the epidemic in the ancient capital of Xi'an heated up again, and the sudden rebound of the epidemic made Xi'an press the pause button. The city has united to fight the epidemic and work together to defend its homeland. Many social groups and enterprises have also taken active actions to give full play to their own advantages and provide strong support for the prevention and control of the epidemic in Xi'an. Xiaomi took the lead in donating 10 million yuan and sending 550,000 pieces of epidemic prevention materials. Subsequently, a number of Internet companies followed up with donations, in fact, donations are only one aspect, and most importantly, these donations have aroused people's attention to the epidemic in Xi'an, which is the most important.
In addition, as a representative of China's manufacturing industry, BYD has also been committed to charity and public welfare. On January 4, BYD Automobile announced that it would donate 10 million yuan and 30 million yuan of anti-epidemic materials to the Xi'an Red Cross Society to help Xi'an fight against the epidemic. Although bydir's donation is not the largest, we can see BYD every time the country needs it. In the Wuhan epidemic, BYD donated 10 million yuan, and in the Henan flood, BYD donated another 20 million yuan.
More than 2 years ago, the epidemic in Wuhan just happened, and the world did not know what the epidemic was. After the epidemic began to spread, the shortage of masks became the biggest problem. Many people will remember that after the outbreak of the epidemic, masks are difficult to find, and even if they can be bought, the price is extremely high. It has now been more than two years, even if the global epidemic is serious and the daily consumption of masks is amazing, the price of masks is very stable and the supply is very sufficient, of which BYD has made a huge contribution.
After the outbreak of the epidemic in Wuhan, the supply of masks in the country exceeded demand, and there was a huge mask panic. BYD stood up at this time. At that time, Wang Chuanfu personally took BYD's engineers to produce drawings in 3 days, equipment in 7 days, and products in 10 days. BYD, which has strong scientific and technological strength, has reached a single-day output of 5 million pieces after 24 days, supporting more than 80 countries and regions on six continents to fight the epidemic.
In the context of the national fight against the epidemic, BYD has contributed its own strength. Wang Chuanfu later talked about the past in an interview with Yu Minhong. Yu Minhong said that when he heard that BYD wanted to build masks, his first reaction was whether BYD was bankrupt and how the automobile company went to make masks. Wang Chuanfu said he was forced. Because BYD has 200,000 or 300,000 employees, it needs hundreds of thousands of employees every day for its own use. At that time, the world's daily output of masks was only 200 million, while China only had a few million, where BYD bought so many masks, had to produce themselves.
BYD has produced a large number of masks, not only supplied domestically, but also exported to many countries around the world, making great contributions to the fight against the epidemic in many countries. Therefore, Wang Chuanfu was named a global anti-epidemic hero. Many people may not know that BYD is not only a car company, but also has many businesses, such as batteries, chips and mobile phone foundries, etc. BYD is currently the second largest mobile phone foundry enterprise in China after Foxconn.
Because BYD has a strong foundry industry chain, after BYD invented the mask production line, it can quickly go to production capacity, and the daily output will soon reach 5 million, then break through 10 million, then quickly reach 50 million, and at most reach 200 million. It should be known that before the outbreak of the epidemic, the global production capacity of masks was in short supply, and BYD's mask production capacity not only made great contributions to China's fight against the epidemic, but also made great contributions to the global fight against the epidemic.
In fact, BYD's making money by making masks is not the focus, the key is to contribute to the global fight against the epidemic. In this way, BYD's profit in 2020 also exceeded 4 billion, of which masks contributed at least half, and BYD masks continued to contribute a lot of profits to BYD this year. For BYD, masks will never be their main business, but they can not only contribute to the global fight against the epidemic, but also earn some money to assist in the research and development of cars.
In addition, BYD has also used funds to give back to the society, introduce technology to develop industries, revitalize poor mountainous areas, and accurately help 20 poor counties in 9 provinces and cities. BYD also supports education, helping nearly 30,000 students in more than 150 schools in 23 provinces and cities realize their dreams of the future.
Under Wang Chuanfu's leadership, BYD has now become a representative of Chinese automobile and brick-and-mortar enterprises. Even in the eyes of many people, BYD can be compared with Huawei. BYD's sales of new energy vehicles will exceed 600,000 in 2021, with a growth rate of 200%. BYD's sales of new energy vehicles in 2022 is 1.2 million units.
Due to the good performance, BYD's market value has also soared. In the middle of 2021, the stock price exceeded 330 yuan, and the market value approached the trillion mark. Because BYD's blade battery and DMI hybrid technology are very powerful, coupled with BYD's price advantage, BYD's sales continue to soar. It should be known that the overall sales volume was achieved under the influence of the epidemic, lack of core, production capacity difficulties and other issues.
BYD's current success has two factors, one is the leading technology, and the other is the price advantage. At present, most manufacturers use third-party batteries, and even Tesla has chosen to cooperate with CATL. BYD can produce its own batteries, and it is the world's leading battery, which is BYD's biggest advantage.
At present, BYD's biggest challenge is in overseas markets. At present, it is still inferior to Tesla in the global market, and Tesla's global sales reached 936,000 vehicles, an increase of 87.4% year-on-year. That is to say, Tesla is still the world's first, and BYD is already the world's second. But BYD's growth rate is far faster than Tesla's, and BYD's catch-up with Tesla seems to be just around the corner.
In fact, BYD's success has also given other Chinese companies a good idea, that is, insisting on research and development will pay off. Many Chinese companies are short-sighted, focusing only on immediate interests and wanting to make quick money. After so many years, BYD has not really entered the era of making big money. A lot of BYD's profits have been invested in research and development, and even in order to develop new energy vehicles, BYD has given up the development of good fuel vehicles in the past.
In the face of the epidemic, BYD has donated money and materials, and now it is also closely following the national policy of resuming work and production. Today, BYD has achieved quite good results, and will make more new attempts to strengthen the industrial chain and supply chain in the future. And through continuous accumulation, BYD is stronger and continues to contribute to the development of the country.