BAIC BJEV Co., Ltd.

        BAIC BJEV Co., Ltd. (hereafter referred to as “BAIC BJEV”), founded in 2009, is the holding subsidiary of Beijing Automotive Group Co., Ltd. ("BAIC Group"), one of the World top 500 companies. BAIC BJEV is the first NEV mobile enterprise nationwide accredited with qualification for the NEV production and independent operation, having completed its mixed-ownership reform as one of the pilot state-owned auto enterprises for ESOP in the first batch.
        Currently BAIC BJEV has its vehicle production bases in Beijing, Qingdao in Shandong, Changzhou in Jiangsu, Huanghua in Hebei, etc., and its overseas R&D centers respectively in Silicon Valley and Detroit in the US, Aachen in Germany, and Barcelona in Spain, etc. Its main business fully covering various business sectors, particularly R&D, production, sales and service of new energy motor vehicles and core components and parts as well as the comprehensive service sectors, such as periodic lease, charging and replacing operation, second-hand vehicle exchange, etc. In the meanwhile, BAIC BJEV has laid out its operations in various strategic emerging industries, particularly intelligent manufacturing, energy management, intelligent travel and Internet +, etc. It follows that BAIC BJEV is a leading enterprise in China for the largest market shares, the fullest coverage of industrial chains and the richest product lines as well as a role model of the transformation of manufacturing services in China.
        During the period from 2014 to May 2018, BAIC BJEV has completed the total sales volume up to 232,100 vehicles, particularly 103,200 whole vehicles in 2017, thus having ranked first nationwide for 5 consecutive years, as well as first in the global NEV market. Moreover, BAIC BJEV has outpaced Tesla Motors in terms of EC series models, the BEV (battery electric vehicle) bestseller in the world. BJEV has proved to be one of the best Chinese EV brands.
        Currently, BAIC BJEV has two major product brands, respectively BJEV and ARCFOX, involving several dozen product models under EC/EV/EX/EU/ES/EH series and having fully covered the classes of “large. Medium and small”, “high. medium and low” and “3、4、5” in the auto industry. In 2017, the company obtained the first TUV certificate and the first EU export qualification certificate. On June 20, 2018, World Brand Lab released 2018 Annual Report on the World’s Most Valuable Brands, where BAIC BJEV ranked 178th with the brand value worth over 30 billion yuan as the only NEV brand.
        BAIC BJEV has continuously increased its R&D investment since its founding. By May 2018, the company has applied altogether 3118 patents (or per capita 2.55 applied patents), 866 enterprise standards, dominated or participating in the formulation of 66 (external, national and local) standards. It has won awards as following: WEC International Carbon Value Award (2014), World Electric Vehicle Quality Award (2015), ANQ Recognition for Excellence in Quality Practice (2017), First Prize of China's Auto Industry Science and Technology Award (2015), National Outstanding Innovation (2015), National Technological Invention Award (2016), National Business Management Modernization Innovative Achievement First Award (2016), National NEV Industry Quality Leading Enterprise Award (2016), National May 1 Labor Medal (2016), and many other international and domestic awards and honorary titles.
In 2017, BAIC BJEV came up with “Open and Sharing Strategy” to reshape its industrial structure on an open platform to jointly push forward the sustainable development of the NEV industry by pooling all integrated resources together. On March 1, 2018, National NEV Technological Innovation Center led by BAIC BJEV was achieved officially start its running. This center is to provide technical support for technology research and innovation for NEV companies, and promote collaboration with the relevant new energy enterprises.
        During “the 13rd Five-year Program” period, BAIC BJEV will strongly follow the company strategy of “open and sharing”, continuously pursue the brand vision of “One Blue-Guard Dream and Two World Classes” as well as the brand claim of “No Limitation for Innovation”. In these endeavors, the company will seek to achieve the objectives of building “World-class NEV Technology Innovation Center” and “World-class NEV Enterprise” to make BAIC BJEV become the No 1 EV brand in the country and top 3 EV brand worldwide. BJEV will devote itself to make greater contributions to a series of national strategies, particularly for the long-term boost of the development of EV industry in China, and the fulfillment of “Made in China 2025 Strategy”.