State-owned enterprises.

According to iQiCha, BAIC Blue Valley New Energy Technology Co., Ltd. is a high-tech listed company controlled by BAIC Motor Corporation Limited and a provider of integrated green and smart travel solutions. The subsidiary Beijing New Energy Vehicle Co., Ltd. was founded in 2009. It is the first independently operated company in my country and the first company to obtain new energy vehicle production qualifications. It is also one of the domestic technology-leading new energy vehicle companies. On September 27, 2018, BAIC Blue Valley became the first domestic new energy vehicle stock through major asset restructuring. BAIC Blue Valley's main business includes the research and development, design, manufacturing and sales services of pure electric passenger vehicles. It is currently focusing on building two major brands: Jihu and BAIC Motor. Jihu is a high-end intelligent new energy vehicle brand created by BAIC Blue Valley by integrating high-quality resources from around the world. The products are produced by Blue Valley Magna, a joint venture in China between BAIC Blue Valley and Magna, a world-renowned luxury car manufacturer. JiHu's two models, JiHu Alpha T, an all-terrain performance pure electric SUV, and JiHu Alpha S, a new generation of intelligent luxury pure electric sedan, have been launched and delivered. On May 7, 2022, the new HI version of the Polar Fox Alpha S, positioned as a high-end intelligent driving pure electric car, was launched. The new car is the world’s first mass-produced car equipped with HI Huawei’s full-stack smart car solution and the world’s first city-supported car. It is a mass-produced car for high-end intelligent driving on the road and the world's first high-end pure electric production car equipped with Huawei's smart cockpit - Hongmeng Auto OS. In October 2019, based on the "Beijing" trademark, "BAIC New Energy" and "BAIC Motor" under BAIC Group jointly launched the "BEIJING" brand. In May 2020, the BEIJING brand was named BEIJING Automobile and the brand slogan was released - " Wonderful, drive from BEIJING car”. BEIJING Auto's product lineup includes BEIJING-EU7, BEIJING-EU5, BEIJING-EX5 and BEIJING-EX3 models. Among them, BEIJING-EU5 ranked first in the sales of domestic A-class pure electric vehicles for two consecutive years in 2018 and 2019.