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Wang Chuanfu stepped down as chairman of a number of companies BYD responded: The business is not affected

Bydie Wang Chuanfu retired from another post.

Recently, Qingdao BYD Automobile Co., Ltd. and Dalian BYD Automobile Co., Ltd. have undergone industrial and commercial changes, and the legal representative and chairman of the board have been changed from Wang Chuanfu to Tian Chunlong.

Wang Chuanfu stepped down as chairman of a number of companies BYD responded: The business is not affected

Since April 2020, Wang Chuanfu has stepped down as the legal representative or chairman of a number of BYD subsidiaries, including Hangzhou BYD Automobile Co., Ltd., Wuhan BYD Automobile Co., Ltd., Shanghai BYD Co., Ltd., Xi'an BYD Industrial Co., Ltd., Shantou BYD Industrial Co., Ltd., Ningbo BYD, Jilin BYD Industry, Changsha BYD, Xi'an BYD Industry, Qinghai BYD Lithium Battery, Huizhou BYD Industry and other companies.

In this regard, BYD told Zhongxin Jingwei that the group has successively changed the legal person and chairman of its subsidiaries to the actual business leader to simplify the administrative process and facilitate the company's various business development. Except for the change of the legal person and the chairman of the board, the company's operations and shareholding structure have not changed, and the company's various business developments have not been affected.

Wang Chuanfu stepped down as chairman of a number of companies BYD responded: The business is not affected

Public information shows that Wang Chuanfu, born in February 1966, is a native of Wuhu, Anhui. He graduated from Central South University in 1987 majoring in metallurgical physical chemistry, founded BYD in 1995, entered the automotive industry in 2003, and is now the chairman and president of BYD Co., Ltd. and the chairman of BYD Electronics (International) Co., Ltd. Vice Chairman of the 12th Federation of Industry and Commerce of Guangdong Province.

On October 24, 2018, he was selected into the "List of 100 Outstanding Private Entrepreneurs in the 40 Years of Reform and Opening Up" by the United Front Work Department of the Central Committee and the All-China Federation of Industry and Commerce. Ranked 452nd on the 2019 Forbes Global Billionaires List, with a wealth worth $4.3 billion. In 2021, with a wealth of 151.3 billion yuan, it ranked 14th in the list of the richest people in the 2021 Forbes Chinese mainland.

According to the data, in February this year, BYD's full line of passenger cars sold 90,268 units, an increase of 336.2% year-on-year; in terms of new energy models, BYD's sales in February reached 87,473 units, an increase of 764.1% year-on-year. Among them, dm hybrid series models sold 44,300 units, EV models sold 43,173 units.

Comprehensive China Economic Weekly, The Paper, Sino-Singapore Jingwei

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