Wang Chuanfu BYD will increase sales to offset Shanghai cut subsidies

Wang Chuanfu: BYD will increase sales to offset Shanghai subsidies cut hot column capital flows thousands of thousands of stocks the latest Rating Rating diagnosis simulated trading client sina finance App: Live on-line blogger to tutor Sina Hong Kong APP: real time market exclusive reference is worthwhile to invest in Hong Kong stocks? What’s the problem? Where is the future of the way out? Sina launched the "Hong Kong Hong Kong stocks as well as unattractive" discussion, with a rational and constructive attitude, welcome attention to Hong Kong stocks, concern of the capital market, Hong Kong stocks together for suggestions, seek the Hong Kong stock market tomorrow. Please to hkstock_biz@sina. Correspondent Zhu Lina Hongkong reported that some of Shanghai’s (subsidy) policy, the company has taken measures to increase the attractiveness of the product to increase the appeal, hoping to minimize the impact." Wang Chuanfu, chairman and President of BYD in August 29th to attend the interim results in Hongkong, said. He also revealed that the Shanghai market product sales in recent months is steadily improving. In April this year, Shanghai introduced to promote the application of new energy vehicles subsidy standards, in addition to fuel cell vehicles, Shanghai city (new energy vehicles) subsidy standards according to the cumulative sales gradually fall off. Among them, since January 1, 2014, a single new energy vehicle manufacturers in Shanghai cumulative sales of new energy vehicles reached more than 40 thousand vehicles, Shanghai local subsidies halved. It is reported that, due to BYD’s hybrid car "Qin" and "Tang" in Shanghai cumulative sales have nearly 40 thousand cars in the two car back slope boundary in the Shanghai area to enjoy 10 thousand yuan of local subsidies will be cut to 5000 yuan. "To our ‘Qin’ and ‘Tang’ in the past laid the foundation and reputation in the Shanghai market, coupled with our efforts to increase marketing efforts, I believe the Shanghai market will enter a new stage of growth." Wang Chuanfu admits. Driven by the growth of new energy vehicles, BYD handed over a beautiful report card". In the first half of this year, the company’s net profit increased by 3.84 times to $2 billion 260 million, turnover increased by 43.7% to $43 billion 745 million, of which the new energy vehicle business revenue rose by an average of 1.61 times to $15 billion 316 million. New energy vehicles thriving while traditional car sales growth bottleneck, new energy vehicles is thriving. At the end of June this year, BYD new energy automobile sales of 49 thousand units, up 130%. Among them, the pure electric car sales soared 310% to 22 thousand vehicles, plug-in hybrid car sales also increased by 71% to 27 thousand vehicles. In the first half of this year, sales of new energy vehicles reached 15 billion 316 million yuan, a substantial increase of 1.6 times, accounting for the company’s overall revenue reached $35%. Wang Chuanfu pointed out that the company’s main push plug-in hybrid SUV models "Tang" has become the mainland sales champion of new energy vehicles and plug-in hybrid car Qin and pure electric vehicles in the "E6" in the year of new energy vehicle sales top five. In March this year, Wang Chuanfu said publicly that this year’s annual相关的主题文章: