A few days ago, Shenzhen Denza New Energy Vehicle Co., Ltd. underwent a shareholding change, and BYD Automobile Industry Company's shareholding ratio was adjusted from 90% to 100%. This means that China's first new car-making force brand, jointly established by BYD and Mercedes-Benz in 2010, has completed its sole proprietorship.
Shenzhen Denza New Energy Vehicle Co., Ltd. was established in 2011. It is a joint venture jointly established by BYD and Mercedes-Benz, registered Capital is 7.76 billion yuan. Initially, BYD and Mercedes-Benz each hold 50% of the shares.
BYD President Wang Chuanfu recently said at the Denza Technology Day press conference that he would like to thank Mercedes-Benz for its strong support, which has allowed Denza to have a luxurious background and genes since its birth, and also allowed BYD to absorb the experience of establishing a luxury brand. Valuable experience.