What is BAIC BluePark?
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BAIC BluePark is a new energy technology company. Introduction to BAIC BluePark: A new energy technology company, the full name is BAIC BluePark New Energy Technology Co., Ltd. The company was established on October 6, 1992, and its main business scope includes the research, development, design, and sales of automobiles, as well as involvement in auto parts, mechanical equipment, electrical equipment, etc. The relationship between BAIC BluePark and BAIC Group: BAIC BluePark was established with investments from Beijing Automotive Group Co., Ltd., BAIC Motor Corporation Ltd., Beijing Electric Vehicle Co., Ltd., BAIC Penglong Automotive Service Trade Co., Ltd., and Huaxia Mobility Co., Ltd. Beijing Electric Vehicle Co., Ltd. (hereinafter referred to as "BAIC New Energy") was founded in 2009 and was initiated and controlled by Beijing Automotive Group Co., Ltd., a Fortune Global 500 company. It is China's first independently operated new energy vehicle enterprise, the first to obtain new energy vehicle production qualifications, the first to undergo mixed-ownership reform, and among the first batch of state-owned enterprises to pilot employee stock ownership reform in the new energy vehicle sector. On August 8, 2018, SST Qianfeng, the "backdoor listing" target of BAIC New Energy, announced that the company's Chinese name would be changed to "BAIC BluePark New Energy Technology Co., Ltd."