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after zhang jianyong, secretary of the party committee and chairman of baic group, announced that baic would go all in on the enjoy s9 jointly built with huawei, baic bluepark, a subsidiary of baic, announced another blockbuster news!

baic bluepark announced that its shareholder baic motor plans to increase its capital by rmb 2 billion to its subsidiary baic new energy. at the same time, baic new energy, a subsidiary of baic bluepark, plans to increase its capital and expand its shares by introducing strategic investors through public listing on the beijing equity exchange, with the amount of capital increase not exceeding rmb 10 billion.

baic new energy sold 13,076 vehicles in august, increasing for five consecutive months since april. from january to august, the cumulative sales volume reached 52,068 vehicles, up 12.2% year-on-year. among them, the sales volume of the polar fox brand exceeded 10,000 for the first time in august, and the cumulative sales volume from january to august reached 35,861 vehicles, up 198% year-on-year.

specifically for car models, alfa t5 sold 4,260 units in august this year, alfa s5 sold 2,752 units, and koala s sold 2,757 units.

arcfox has formed a product matrix of suv + sedan + mpv, covering the 100,000-300,000-level market; in the marketing field, it has built more than 230 sales stores and more than 200 service outlets.

zhang jianyong once said: "baic will continue to invest more than 100 billion yuan, focus on long-termism, and solidly promote the comprehensive improvement of technology, products, and services, making polar fox a choice that exceeds value."