On May 25, 2023, BYD shares took a dive in the middle of the trading day. As of the time of publication, BYD's A-shares have fallen by 0.73%, and H-shares by 1.77%.
BYD has emphasized the significance of both electrification and intelligence in its strategy. BYD considers electrification as the first half of the game, while intelligence is the second half.
On March 24th, the patent of "Vein Identification Device and Vehicle" applied by BYD Corporation Limited Co., Ltd. was authorized today. After inquiring to the China National Intellectual Property Administration, it was learned that the utility model authorized by BYD this time is actually a vein recognition device and vehicle.
China's new national standards for e-cigarettes are set to go into effect on October 1. So far, seven A-share listed companies have obtained licenses through their subsidiaries for the production, sale, import and export of e-cigarettes.
On August 4, BYD Electronics announced that its wholly-owned subsidiary BYD Precision Manufacturing has obtained a tobacco production enterprise license issued by China's State Tobacco Monopoly Administration.