BYD Chairman Wang Chuanfu announced that the total sales target for this year is 5.5 million vehicles, of which overseas sales are expected to exceed 800,000 vehicles. The sales growth rate in the Chinese market is about 30%, and the growth rate in overseas markets is 91.8%. BYD will have a big year for products in 2025. The four brands plan to launch nearly 20 new cars, and the existing 21 models will be replaced or have smart driving versions added. BYD is actively deploying in the high-end market and overseas markets, facing the challenges of technological competition and brand building. BYD plans to establish its brand through technology, design differentiated technology labels, and promote the development of high-end brands such as Yangwang, Denza, and Fangchengbao. At the same time, BYD is also accelerating its intelligent transformation, improving the high-end smart driving experience, and increasing investment in AI big models and intelligent computing centers.