BYD Acquires 20% Stake in Thai Dealer

　　Following the earlier establishment of a factory in Thailand, BYD COMPANY (01211.HK) +1.600 (+0.681%) Short selling $226.17M; Ratio 40.862% (002594.SZ) +3.800 (+1.570%) said it acquired a 20% stake in Rever Automotive, a local Thai dealer.

　　Rever Automotive has more than 100 showrooms in Thailand, having started selling BYD vehicles since 2022.

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　　BYD's automobile factory in Thailand was officially completed recently. It is the first factory built in Southeast Asia and is expected to produce 150,000 vehicles annually.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-08 12:25.) (A Shares quote is delayed for at least 15 mins.)

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