Judging from the recently released data, Baic Bluepark New Energy Technology Co.Ltd(600733) ‘s business situation is improving.
On the afternoon of April 7, Baic Bluepark New Energy Technology Co.Ltd(600733) released the production and marketing express of BAIC new energy in March 2022. Data show that BAIC new energy sold 5735 vehicles in March, compared with 1065 vehicles in the same period last year; In the first three months of 2022, 9120 vehicles were sold, with a year-on-year increase of 189.62%.
From the company’s recently released performance report for 2021, the company achieved a revenue of 8.697 billion yuan during the reporting period, a year-on-year increase of 64.95%; Although the net profit attributable to the parent company is still in the state of loss, it has significantly reduced the loss compared with the previous year; The amount of cash flow from operating activities increased from the negative state of last year to 4.985 billion yuan in 2021.
Dai Kangwei, manager of Baic Bluepark New Energy Technology Co.Ltd(600733) and general manager of BAIC new energy, told the reporter of Securities Daily that Baic Bluepark New Energy Technology Co.Ltd(600733) will focus more on its main business in 2021 and further improve its overall operating capacity. In 2022, the company’s main goal is to manage the brand of Jihu well and maintain the advantages of Beijing brand.
strengthen R & D and increase core competitiveness
extremely focused on development
Baic Bluepark New Energy Technology Co.Ltd(600733) was founded in 2009. It is the first enterprise in China to operate independently and obtain the production qualification of new energy vehicles. The company has been deeply engaged in the new energy vehicle industry for more than ten years and has accumulated rich product experience and technical capacity. R & D capability is the company’s core competitiveness. In 2021, the company’s R & D expenditure was 1.208 billion yuan, an increase of 24.14% over the previous year. At present, there are 1496 R & D personnel, accounting for 44.56% of the company, an increase of 7.34 percentage points over last year.
Arcfox and Beijing are the two main brands of the company, among which arcfox is the development focus of Baic Bluepark New Energy Technology Co.Ltd(600733) . At present, the high-end pure electric passenger vehicles listed by arcfox include alpha T and alpha s, and more new technologies and higher intelligent levels will be introduced in the future α S-hi version of new products, the target customer group is “serious adventurers” who have an open mind to high-tech products, constantly expand their living boundaries, dare to explore and embrace challenges, and make efforts to develop the C-end market. By the end of 2021, Jihu has completed the construction of more than 120 authorized outlets. It is expected that there will be 150 marketing stores in 2022, and plans to achieve the scale of marketing service network covering more than 100 cities and more than 380 outlets in 2021. At present, Beijing brand mainly has EU series products, and the target customer groups are mass customers who pay attention to quality and price and corporate customers.
During the reporting period, the company completed the non-public offering of shares, raising a total of 5.5 billion yuan. It is understood that the funds raised are mainly used for arcfox brand high-end vehicle development and network construction projects, 5g intelligent network connection system improvement projects and power exchange business system development projects. It is proposed to invest 2.628 billion yuan in Jihu brand high-end vehicle development and network construction projects.
The extremely Fox brand under heavy construction has received good market feedback. Recently, under the influence of factors such as the price rise of upstream raw materials and the decline of national subsidies, Jihu decided to make a certain price adjustment for all models of Jihu brand from May 1 after fully considering the interests of users. The specific adjustment plan will be announced before April 30.
sales target of 100000 vehicles
high intelligence is the key
For the business plan of 2022, the management team has established the sales target of 100000 vehicles in 2022, of which Jihu brand will bear the sales target of 40000 vehicles. For the realization of this goal, Dai Kangwei said that in 2022, Jihu will accelerate the introduction of new products and seize the high point of the track through high intelligence.
The development of intelligent new energy vehicles has become an industry consensus, and Baic Bluepark New Energy Technology Co.Ltd(600733) has made a lot of preparations for this. Sanlian Network Technology Co., Ltd. continues to expand in the field of urban power moat. “The dream of being a good car makes BAIC ‘desperate’ to find peers, such as Huawei and magna.” Liu Yu, deputy general manager of BAIC group and Baic Bluepark New Energy Technology Co.Ltd(600733) chairman, said Baic Bluepark New Energy Technology Co.Ltd(600733) through in-depth cooperation with Huawei, Baidu and other enterprises, it cooperates to promote the R & D and transformation of on-board high-precision sensors, vehicle specification chips, intelligent operating systems and other products. At present, the company is equipped with high-end intelligent luxury pure electric car with Huawei’s full stack automatic driving solution α The s-hi model has entered the road generalization test stage, which also marks that the company’s intelligent driving technology has entered a new stage of development. At the same time, the new generation of mass production and sharing unmanned car Apollo moon jointly built by the company and Baidu is also accelerating.
In addition, the company has built be21 and other vehicle R & D platforms, covering multi-level cross vehicle product types such as cars and SUVs. It has the advantages of short R & D cycle, relatively low development cost and high generalization rate of platform models. In particular, the bec21 platform of arcfox brand supports wheelbase expansion from 2.75 meters to 3 meters and intelligent driving above L3 level. It has four characteristics: super expansion, intelligence, interaction and evolution.
