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BYD was founded in February 1995 and is headquartered in Shenzhen, Guangdong Province. The company employs more than 220,000 people and operates across four industries, namely automotive, rail transportation, new energy and electronics, with revenues and market capitalization exceeding RMB 100 billion. BYD is committed to using technological innovation to promote the sustainable development of human society and help realize the goal of “carbon peak and carbon neutrality”. 2015, BYD was awarded the “United Nations Special Energy Prize”, the first award for the new energy industry in the 70-year history of the United Nations. “In 2016, BYD was awarded the Zayed Future Energy Prize for Large Enterprises, and in 2017, BYD was ranked the fifth most admired Chinese company by Fortune Magazine. In 2017, BYD was ranked fifth among Fortune magazine’s “Most Admired Chinese Companies” for 2017, topping the automotive industry list. In 2020, BYD will become one of the top 100 most valuable Chinese brands on the BrandZ 2020 list, and will be the champion of the most valuable Chinese brands in the automotive industry for six consecutive years. 2023, BYD will become China’s largest automobile manufacturer, and the world’s largest new energy automobile manufacturer, with a sales volume of more than two million units globally. Currently, BYD’s main models are the Dynasty series and the Ocean series.