Founded in 1958, Beijing Automotive Group Co., Ltd. ("BAIC Group") is headquartered in Beijing and has 130,000 employees. We are a major automobile group in the Chinese automotive industry, and a world Fortune Global 500 enterprise. We have developed a complete industrial chain, covering R&D and manufacturing of vehicles (passenger vehicles, commercial vehicles and new energy electric vehicles) and parts, trade of automobile services, comprehensive mobile services, finance, investment, etc. We have realized an strategic business extension to sectors such as general aviation, becoming a large state-owned automobile group with the most complete range of products, the most complete industrial chain and a leading position in the new energy automobile segment in the Chinese automobile industry.