Figure | Source Network
In 2020, Wang Chuanfu, the founder of BYD Group, began to "withdraw" from the management of subsidiaries frequently.
Kai Xinbao shows that in May of 18, Wang Chuanfu stepped down as the legal representative and chairman of BYD Auto Co., Ltd., and He took over and served as the general manager of BYD for more than 20 years. At the same time, Lv Xiangyang, Wu Jingsheng and Xia Zuoquan, former senior executives of the company, withdrew from the ranks of directors, and Lian Yubo, Zhao Jianping and Zhou Yalin were added as directors and Xie Qiong as supervisor.
According to public information, BYD Auto Co., Ltd. was established in1June 65438+March 2, 9971. The company is located in Xi City, Shaanxi Province, with a registered capital of13.51kloc-0/100 million yuan, mainly engaged in the manufacture and sales of automobiles and parts, rail transit equipment and electronic components.
In fact, in 20 19, Wang Chuanfu began to quit the management of BYD Precision Manufacturing Co., Ltd., Huai 'an BYD Industrial Co., Ltd. and other subsidiaries. Since this year, Wang Chuanfu, as the head of BYD Group, has stepped down as the legal representative and chairman of 12 subsidiary. But today, Wang Chuanfu is still an executive in 32 surviving subsidiaries.
Wang Chuanfu's frequent resignation has also attracted the attention of the capital market. "Is it true that Wang Chuanfu stepped down as chairman of BYD (002594)? SZ)？” Some investors asked questions, and the Secretary-General responded that "relevant information is subject to company disclosure".
"This is a decentralized performance that encourages professional managers to develop independently. The high-level idea is that each subsidiary can be independent when it is released. If you do well, you will give equity or even go public independently. " A person close to BYD told reporters.
In fact, this year, BYD's opening-up strategy has been accelerating. In March, BYD completed the split of the main parts business and established five independently operated Foday companies. In April, BYD Semiconductor Co., Ltd. was reorganized, which not only laid off its management and parent company, but also launched an equity incentive plan and announced the introduction of external investors for the first time. According to informed sources, Cheyi revealed at the time that the company is expected to complete the listing before 2022.
In fact, in order to cope with the competitive pressure and market changes from rivals such as Contemporary Ampere Technology Co., Ltd., BYD began to break the original vertical integration production and operation mode in 20 17. Since then, Wang Chuanfu has repeatedly conveyed the signal of BYD's opening to the outside world, including opening up battery business cooperation and announcing the spin-off of its quality business.
However, due to concerns about competition in the same industry, peer companies are always quite afraid of BYD, and BYD still firmly holds the equity of various business segments in its hands. This makes BYD's opening-up strategy progress slowly in recent years. As far as battery business is concerned, there are only a few customers such as Chang 'an, Great Wall, Beiqi New Energy, Li and Jin Kang Automobile in the current customer list.
However, with the emergence of "blade battery", this situation may change. "Almost all the car brands you can think of are discussing cooperation schemes based on blade battery technology with us." He Long, vice president of BYD Group and chairman of Foday Battery, said at the press conference. It is reported that the blade battery will be the first to be mounted on BYD Korea, which will be listed in June.
Under the unfavorable factors such as the sluggish automobile market, insufficient demand for new energy vehicles, and epidemic raids, the pressure from the market and management is increasing. BYD sold 93,000 vehicles from June to April this year, down 40% year-on-year. The total installed capacity of power batteries is about 1.54GWh, down 70% year-on-year. This makes BYD have to show sincerity and determination to promote the opening-up strategy, attract more customers for itself and continue to "open source" for the company.
"(Wang Chuanfu) stepping down from the subsidiary is conducive to promoting the independent development of the subsidiary." An industry insider believes that many business segments of BYD have strength. With Wang Chuanfu's withdrawal from the management of subsidiaries as a signal, BYD's increasingly open attitude will bring more security to friends, and both management mechanism and capital operation will give its business segments more vitality and future possibilities.
It is worth mentioning that with the growth of production capacity and orders, mask business has become a new open source business of BYD. According to Li Wei, director of BYD President's Office and secretary general of BYD Charity Foundation, the daily output of BYD masks has reached 50 million, and it is still expanding at the rate of 6,543.8+0,000 to 3 million. It is estimated that BYD will export more than 654.38 billion masks in May. "It only took us 24 days to become the world's largest mask manufacturer." Li Wei said.
This article comes from car home, the author of the car manufacturer, and does not represent car home's position.