Last year, the NCSSF 114 Portfolio significantly increased its holdings in BYD to 11.1 million shares, with a corresponding market value of approximately RMB 3.1 billion. According to BYD's 2024 financial report, the company achieved a revenue of RMB 777.1 billion and a net profit of RMB 40.25 billion, marking a year-on-year growth of 29% and 34%, respectively. Furthermore, since the beginning of 2025, BYD's share price has surged by over 30%, indicating robust market performance.
