Summary

Revenue : 000,000 M USD
Finance : 000,000 M USD
Earning Cap : 000,000 M USD
Invest : 000,000 M USD
R & D : 0000 People
Growth : 00% AGR

DIGDAL CAP

Overview

General Introduction BAIC Blue Valley New Energy Technology Co., Ltd. (hereinafter referred to as "BAIC Blue Valley", securities code: 600733) is a high-tech listed company controlled by Beijing Automotive Group Co., Ltd. and a provider of integrated solutions for green and smart travel. The subsidiary Beijing New Energy Vehicle Co., Ltd. was founded in 2009 and is the first independently operated enterprise in China to obtain the qualification for new energy vehicle production. It is also one of the leading new energy vehicle enterprises in China in terms of technology. On September 27, 2018, BAIC Blue Valley became the first domestic new energy vehicle stock through a major asset restructuring. BAIC Blue Valley's main business includes research and development, design, production, manufacturing, and sales services for pure electric passenger vehicles. Currently, it is fully committed to building two major brands, Jihu and BAIC. Jihu is a high-end intelligent new energy vehicle brand created by BAIC Blue Valley by aggregating global high-quality resources. Its products are produced by a joint venture between BAIC Blue Valley and globally renowned luxury car manufacturer Magna, Blue Valley Magna, in China. Two models under Jihu, the all-terrain performance pure electric SUV Jihu Alpha T and the new generation intelligent luxury pure electric sedan Jihu Alpha S, have been launched and delivered. On May 7, 2022, the all-new HI version of the Jihu Alpha S, positioned as a high-end intelligent driving pure electric sedan, was launched. The new car is the world's first mass-produced vehicle equipped with the HI Huawei full stack intelligent car solution, the world's first mass-produced vehicle to support advanced intelligent driving on urban roads, and the world's first high-end pure electric mass-produced sedan to carry the Huawei intelligent cockpit - Hongmeng Car OS. In October 2019, based on the "Beijing" trademark, BAIC Group's "BAIC New Energy" and "BAIC Motor" jointly launched the "BEIJING" brand. In May 2020, the BEIJING brand was named BEIJING Automobile, and the brand slogan was released - "Beautiful, Driving from BEIJING Automobile". The product lineup of BEIJING Automobile includes models such as BEIJING-EU7, BEIJING-EU5, BEIJING-EX5, and BEIJING-EX3. Among them, BEIJING-EU5 ranked first in domestic A-class pure electric vehicle sales in 2018 and 2019 for two consecutive years. BAIC Blue Valley focuses on technological research and innovation as its core competitiveness, relying on the core technologies of three electric vehicles, intelligent networking, and autonomous driving assistance, as well as comprehensive charging and swapping service solutions, to provide users with an electric, intelligent, and personalized ultimate driving and riding experience. Meanwhile, relying on its first mover advantage and long-term accumulation in the field of pure electric vehicles, BAIC Blue Valley continues to lead in overall vehicle safety performance. The reliability of the entire series of product vehicles has been verified in extreme environments - the vehicles have achieved full climate and full field operation, and have undergone over 3 million kilometers of vehicle road testing nationwide. BAIC Blue Valley has a domestically leading and internationally first-class new energy vehicle verification platform. The new energy vehicle testing center completed in July 2019 has industry-leading testing capabilities in six major fields: battery, motor, electronic control, intelligent networking, lightweight, and vehicle application. In order to connect the key links of the industrial chain and build the core competitiveness of new energy vehicles, BAIC Blue Valley has laid out energy management services for the full lifecycle value operation of new energy vehicle power batteries, such as the research and development and production of intelligent charging and swapping stations, energy integration, energy storage, battery evaluation, and battery cascade utilization. In addition, BAIC Blue Valley is committed to independent innovation and research on the core technology of new energy vehicles, achieving independent design and manufacturing of key components of the three electric system, and focusing on accelerating the industrial transformation and landing of technological innovation achievements in the new energy three electric core technology. BAIC Blue Valley adheres to market and user orientation, based on technological and business model innovation, providing green, intelligent, and convenient travel solutions for its customers, and is committed to becoming a world-class new energy vehicle technology innovation center and a world-class new energy vehicle enterprise.
Headquarter Beijing
Establish Date 10/6/1992
Listed Code 600733.SH
Listed Date 8/16/1996
Chairman Liu Yu.
CEO Dai Kangwei.
Website www.bjev.com.cn

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