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BYD Co., Ltd. (referred to as "BYD") was established in February 1995 and is headquartered in Shenzhen, Guangdong Province. The company currently has more than 220,000 employees and its business spans four major industries: automobiles, rail transit, new energy, and electronics. It is listed in both Hong Kong and Shenzhen, with both operating income and market value exceeding 100 billion yuan. BYD is committed to promoting sustainable development in human society through technological innovation and aiding in the achievement of "carbon peak and carbon neutrality" goals. In the field of automobiles, BYD has mastered the core technologies of new energy vehicles such as batteries, motors, and electronic controls. The new energy vehicles have formed two major product series: passenger cars and commercial vehicles, covering seven conventional fields and four special fields (the "7+4" strategy), achieving full coverage. BYD has a rich product line in the commercial vehicle market, including pure electric buses, pure electric trucks, and pure electric forklifts. BYD has delivered more than 35,000 pure electric buses to global partners, and from 2014 to 2017, it was the global sales champion for pure electric buses over 10 meters (including) for four consecutive years, accounting for more than 80% of the pure electric bus market share in the United States.