BYD announced the first quarter report of 2022: the current revenue was 66.825 billion yuan, an increase of 63.02% year-on-year, ranking first among the independent automobile companies that currently published a quarterly report; the net profit was 808 million yuan, an increase of 240.59% year-on-year, and the non-net profit was 514 million yuan, a year-on-year increase of 729.44%.
On April 22, BYD announced that it intends to use 1.8-1.85 billion yuan to repurchase the company's circulating shares to motivate employees, and the 2022 Employee Stock Ownership Plan (Draft) shows that "the total number of people participating in the employee stock ownership plan is not more than 12,000 people, the transfer price is 0 yuan / share, and the participants do not need to contribute capital as long as they complete the performance appraisal."
ATD currently has a total of 27 new energy models and 2 fuel models on sale, the price range is 47,800-329,800 yuan, and the average sales price of the brand's bicycles in the first quarter is 158,000 yuan, down 47,000 yuan year-on-year and 10,000 yuan from the previous quarter.
Official data show that BYD's total sales in the first quarter were 289,786 vehicles, of which the Han family, which was priced at more than 200,000 yuan, and the Tang family, which started at 195,800 yuan, had total sales of 34,429 vehicles and 29,111 vehicles respectively, accounting for 21.9% of the brand's total sales. Consumers seem to be more inclined to buy BYD's lower-priced models.