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BYD's Li Yunfei Rebuffs 'Evergrande of Auto Industry' Comparison: Debt Ratio at 70%, Significantly Lower Than Ford and Apple
2025-05-30 /
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Author：小编
Li Yunfei, General Manager of BYD Group's Brand and Public Relations Department, penned a detailed response to the comparison of BYD to 'Evergrande in the auto industry'. By meticulously comparing various financial metrics, such as asset-liability ratio, total debt, and interest-bearing debt, he underscored BYD's solid financial footing. Additionally, he unveiled the company's 2024 operating data, highlighting its impressive performance. Li Yunfei sternly condemned the malicious manipulation of public opinion and vowed to pursue legal action, appealing to all sectors to rally behind the advancement of China's new energy vehicle industry.
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