June 23 — Wuxi Party Secretary Du Xiaogang met BYD board secretary and head of
investment Li Qian. Looking toward the 15th Five-Year Plan and in line with
national priorities to accelerate intelligent connected new-energy vehicle
development and boost high-end chip capabilities, the parties agreed to deepen
pragmatic cooperation. They will leverage Wuxi’s manufacturing, computing power
and financial advantages and BYD’s brand, innovation and market strengths, use
Wuxi’s status as a national pilot city for auto circulation and consumption
reform, and jointly deploy new incremental projects.