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Affected by the continuing epidemic of COVID-19, medical supplies such as masks have become the most scarce at present. In order to solve the current problem of material shortage, BYD recently announced that it would switch to the production of masks, but it was rumored on the Internet that it would carry out business cooperation. For this reason, BYD refuted the rumor, saying that it would not be sold to the outside world for the time being.

On February 8, BYD Co., Ltd. announced through its official account that it would produce masks and disinfectants, actively deploy resources, rapidly develop automatic equipment for mask production, and build and import the mask production line.

What's more, some insiders of BYD declared through the social platform: "equipment drawings come out in three days and equipment in a week!" The product is out in 10 days! BYD, speed! Made in China! Everyone has peace of mind to fight the epidemic. At the same time, BYD officials said that the mask production line that has been put into production has begun trial production and will be put into the front line of epidemic prevention and the market to fight the epidemic.

The company is scheduled to produce 5 million masks a day, along with disinfectant, which will produce 50, 000 bottles of disinfectant a day.

However, after BYD announced that it would switch to the production of masks, a PDF about the BYD mask product manual was posted online, with a list showing "Business conditions and related Information". According to the content, the partner met the minimum order quantity of 1 million cases (500), and indicated that shipment would begin after February 17.

To this end, BYD's investor relations department said that PDF documents are not officially released online, and BYD Group's ordering policy is not like that of online documents. Because of the current limited production capacity of face masks, the daily production of 5 million masks will not be reached until the end of February. The specification of the mask is indeed a medical surgical mask, mainly for front-line epidemic areas, hospitals and antiviral related departments, and will not consider external sales for the time being. It is possible that in the future, only those with spare capacity will be supplied to some more urgent enterprises and institutions, and even later external sales will be sold at a parity price, without considering profit.

According to Tianyan investigation, Shanwei BYD Industrial Co., Ltd., a subsidiary of BYD, changed its business scope on February 5, adding new business of research and development, production and sales of disinfectant products. Shanwei BYD Industrial Co., Ltd. is a subsidiary of BYD Automotive Industry Co., Ltd., which is also a subsidiary of BYD Co., Ltd., established in April 2016, with a registered capital of 50 million yuan. The legal representative is Wang Chuanfu, chairman and president of BYD. The company's business scope includes the R & D, production and sales of a series of related products, such as automobiles, new energy vehicles, consumer electronic products and parts, lightweight materials, charging and charging piles, etc.

In response to the epidemic prevention and control, BYD also donated RMB 10 million to the Hubei Charity Federation through the BYD Charity Foundation on January 28 to support the prevention and control of novel coronavirus's pneumonia. With 1 million yuan worth of mask materials, BYD donated up to 11 million yuan.

According to the latest sales figures, BYD's total car sales in 2019 were 461400, down 11.39% from a year earlier, of which total new energy vehicle sales were 229500, down 7.39% from a year earlier.

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