On March 3, 2025 (after trading hours), BYD successfully priced 129,800,000 shares of New H-share Placement, at Placing Price of HK$335.2 per share. The US$5.6bn H-share accelerated bookbuild offering is the largest equity follow-on offering globally in the automotive sector over the past decade and the largest accelerated bookbuild offering globally in this sector. It is also the second largest H-share accelerated bookbuild offering and the largest H-share accelerated bookbuild offering in industrials sector.

The transaction successfully attracted participation from top-notch long-onlys, sovereign wealth funds, and Middle East strategic investors, with orderbook multiple times covered. Such robust demand underscores global investors' firm belief in BYD's growth prospects, strong confidence in China auto's leadership on the global stage, and recognition of the global trend of electrification and intelligentization in auto industry.

Al-Futtaim Family Office from the United Arab Emirates participated in the transaction as a strategic investor. In the future, BYD and Al-Futtaim Corporate Group* plan to build on their successful collaboration and transition into a strategic partnership, focusing on areas including, but not limited to, new energy vehicles. Starting with regional collaborations, both companies aim to explore further growth opportunities by leveraging synergies and expanding further.

As a pioneer and leader in the global NEV industry, BYD is seizing the unprecedented opportunities to accelerate the global footprint of its NEV business. By the end of 2024, BYD's NEVs have been sold to 6 continents and over 100 countries/regions and are well received by global consumers, championing NEV sales in numerous countries. The transaction will further facilitate the Company's strategic layout in globalization of NEV and its overseas expansion in areas such as manufacturing, sales channels and brand promotion. In terms of intelligentization and premiumization, the transaction will enable BYD to enhance technology capabilities and seize opportunities in intelligentization, as well as support BYD to continuously innovate and launch products that meet diverse consumer demands, shaping its global brand matrix. Furthermore, the transaction will significantly enhance BYD's capital reserve and improve operational stability.

In recent years, BYD's rapid business growth has delivered substantial returns to investors. BYD will leverage this momentum to accelerate its international expansion and continue to deliver return to investors, which will in turn enhance BYD's brand image, tying a closer relationship between business development and capital market performance, so as to achieve sustainable and high-quality growth. The Company consistently practice the mission of “technological innovations for a better life”, to support China auto brands advancing overseas and upward, driving a greener future for the world with China smart manufacturing.