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according to the securities times, recently, abydnews that employees received "profit awards" without warning went viral on social media. according to multiple byd employees, they received a huge profit bonus from the company before the holiday. some received 70,000 to 80,000 yuan, and some even received more than 100,000 yuan.

in this regard, the reporter inquired and learned that byd did pay bonuses, and the amount was related to the level and business unit, but it was not without warning. a byd employee told reporters: "i have received a notice and sent an email." according to nandu bay financial news, byd responded to reporters and said that the profit award was true.

on october 1, byd issued an announcement disclosing the latest sales data. the announcement showed that in september this year, the company sold 419,400 new energy vehicles, including 417,600 passenger cars, a year-on-year increase of 45.6%. cumulative sales from january to september this year were 2.7479 million vehicles, a year-on-year increase of 32.13%.

in addition, on october 3, according to the latest equity disclosure information from the hong kong stock exchange, byd shares (01211.hk) acquired morgan stanleychaseon september 27, it increased its holdings of approximately 6.52 million h shares, with an average transaction price of hk$274.5244 and an investment of approximately hk$1.791 billion. since then, jpmorgan chase’s position has increased from 4.85% to 5.45%.

in the secondary market, as of press time on october 4, the share price of byd in hong kong rose by 2.27% to hk$305.8, with the latest market value being hk$953 billion.

received a "profit award" without warning?

recently, byd employees have posted messages on social platforms one after another saying that they suddenly received a "profit award" from the company without warning.

according to the information shared by these employees, the amount of this "profit bonus" is quite considerable. some people have received bonuses of 70,000 to 80,000 yuan, and some have received bonuses of more than 100,000 yuan.

according to the securities times, reporters sought verification and learned that the issuance of "profit awards" was indeed the case, and the amounts received by employees varied. but it was not without warning. “i’ve heard it was going to be released a long time ago,” an employee told reporters. some employees also said that the company sent an email notification before issuing the "profit bonus".

"from the perspective of the amount, this time byd is considered a very generous one." a car blogger posted a message. according to his verification, byd's d-class has a "profit bonus" of one to two hundred thousand yuan.e-classit also ranges from tens of thousands to hundreds of thousands of yuan. it is reported that the amount of the "profit bonus" is related to the employee's level and business unit.

according to a reporter from the securities times, the "profit award" issued by byd is not a "holiday fee" or quarterly bonus. it is actually the previous year's bonus.year-end bonus. some byd employees said that there is no year-end bonus within the company, only a "profit bonus."

"byd will issue a 'profit award' in september." a byd employee told a securities times reporter. some newly hired byd employees also sent messages confirming that when discussing salary, hr mentioned that the "profit bonus" for that year would not be paid until september of the following year.

from a performance perspective, in 2023, byd achieved revenue of 602.32 billion yuan, a year-on-year increase of 42%; net profit was 30.04 billion yuan, a year-on-year increase of 80.7%. in the first half of this year, byd achieved operating income of 301.1 billion yuan, a year-on-year increase of 15.76%; net profit was 13.63 billion yuan, a year-on-year increase of 24%.

byd's monthly sales exceed 400,000 vehicles

since the beginning of this year, the penetration rate of new energy vehicles has continued to increase and has crossed the 50% "watershed" mark. according to data from the passenger car association, in august, the retail sales of new energy vehicles increased by 43.2% year-on-year, an increase of 6.3% from july, and the penetration rate of new energy vehicles reached 53.9%, exceeding 50% for two consecutive months.

the sales of byd's new energy vehicles are also rising. sales data shows that in june and july this year, byd's monthly sales exceeded 340,000 vehicles, reaching 341,700 and 342,400 vehicles respectively; in august, byd's sales reached another level, reaching 373,100 vehicles; in the past nine months in march, byd's sales exceeded 400,000 vehicles in one fell swoop, reaching 419,400 vehicles. in the first nine months of this year, byd's cumulative sales were 2.7479 million vehicles, a year-on-year increase of 32.13%.

in overseas markets, byd's performance is also very strong. in september, byd sold a total of 33,012 new energy passenger vehicles overseas, of which 30,512 were exported. it has sold more than 30,000 vehicles for three consecutive months. from january to september this year, byd's cumulative overseas sales reached 273,600 vehicles. ‌

from the perspective of each brand, in september, dynasty.com and haiyang.com were still responsible for sales, with a total sales of more than 401,572 units; denza brand sales reached 10,299 units, of which the sales volume of the just-released z9 gt reached 1,172 units;equation leopardthe brand currently only hasleopard 5one model is on sale, and after the price reduction, sales also rebounded, reaching 5,422 units; looking at brands, u8 sales reached 294 units, and the coupe model u9 sold 16 units.

byd's annual sales target this year is 3.6 million vehicles. according to the current sales trend, there is basically no suspense about reaching this goal, and it is even expected to hit the target of 4 million vehicles. industry analysts say that byd's sales exceeded 400,000 vehicles, thanks to the full rollout of fifth-generation dm technology. from the perspective of fuel consumption performance, the fifth-generation dm technology has formed a cliff-like lead.

ping an securities said that the fifth-generation dm technology has strengthened byd's advantages in the hybrid field. a variety of products have been launched to gradually replace the fourth-generation hybrid system, laying the foundation for the company's leadership in the hybrid field in the next two years.

byd's total number of employees exceeds 900,000 and tops a-share market

on september 13, li yunfei, general manager of byd's brand and public relations department, posted on social media that today, byd's total number of employees exceeded 900,000, the largest number of employees among more than 5,300 a-share listed companies, and 40 more than the second-placed company. thousands of people. li yunfei said that among byd's 900,000 employees, there are nearly 110,000 technical r&d personnel, making it the car company with the most r&d personnel in the world. in the past two years, it has also recruited nearly 50,000 outstanding fresh college students to continue to help college students find employment.

it is worth noting that byd revealed in its 2023 annual report that as of the end of 2023, the company had 703,500 employees and 133,000 new employees. this means that in less than nine months, byd has added 196,500 new employees.

editor | cheng peng yi qijiang

proofreading|zhao qing

cover image source: visual china (the data picture and text have nothing to do with it)

daily economic news is compiled from securities times (reporter: zhang shuxian and an yufei), nandu bay financial society (reporter: qiu moshan)

daily economic news