On September 29, BYD released an official announcement, revealing that following thorough deliberation by the board of directors, Wang Chuanfu has been elected as the Chairman of the company's Ninth Board of Directors. His tenure will span three years, commencing from the date of official approval and concluding at the end of the term for the Ninth Board of Directors. This decision aligns with standard corporate governance practices, ensuring continuity and stability in the company's leadership.
