In November, the auto market entered its year-end sprint phase, with automakers accelerating their sales efforts. BYD's sales in November surpassed 480,000 vehicles, setting a new annual high. The cumulative sales volume for the first 11 months of 2025 reached 4.182 million units, up 11.3% year-on-year, with over 90% of the annual target achieved, indicating a strong likelihood of exceeding the full-year goal. In terms of product performance, multiple models from the Dynasty and Ocean series demonstrated robust sales, while the contribution from high-end brands increased. The sales of the Fangchengbao, Denza, and Yangwang brands all grew in November. In overseas markets, BYD experienced rapid growth, with 131,661 vehicles sold abroad in November, a 297% year-on-year increase. The cumulative overseas sales from January to November 2025 exceeded 910,000 units, and it is expected that overseas sales will surpass one million units in 2025. As of November, BYD's cumulative global sales of new energy vehicles have reached 14.7 million units, further highlighting its scale and system advantages.