Articles Tagged with "BAIC Group"

BAIC Group hits 2019 revenue target of RMB500 billion
BAIC Group hits 2019 revenue target of RMB500 billion

BAIC Group announced, on the second day of this year, its 2019 revenue reached over 500 billion yuan ($71.7 billion), versus roughly 480 billion yuan ($68.8 billion) in 2018.

Jan. 7 , 2020
BAIC Group to transfer 49% stake in Zhenjiang subsidiary to boost cooperation with Magna
BAIC Group to transfer 49% stake in Zhenjiang subsidiary to boost cooperation with Magna

Chinese state-owned automakers BAIC Group is ready to transfer 49% stake in its Zhenjiang-based subsidiary at a base price of around 300 million, according to information in a bulletin from China Beijing Equity Exchange.

Nov. 26 , 2019
BAIC Group, JD.com to cooperate in various fields like mobility service, IoV
BAIC Group, JD.com to cooperate in various fields like mobility service, IoV

BAIC Group and JD.com inked on October 21 entered into a new framework agreement for the strategic cooperation on automobile- and mobility service-related scenarios.

Oct. 22 , 2019
BAIC Group, China Post ally on ecosystem of Mobility-as-a-Service
BAIC Group, China Post ally on ecosystem of Mobility-as-a-Service

BAIC Group signed a strategic cooperation framework agreement with China Post, a Chinese state-owned postal business operator, to make joint efforts to develop an ecosystem of Mobility-as-a-Service (MaaS) in the future.

Jul. 9 , 2019
State-owned BAIC Group, China Telecom to team up on 5G, ICT for ICV industry
State-owned BAIC Group, China Telecom to team up on 5G, ICT for ICV industry

BAIC Group on May 15 forged a strategic partnership with China Telecom, a Chinese state-owned telecommunication company, aiming to jointly build an ICV (intelligent-connected vehicle) ecosystem through both business and capital efforts.

May 17 , 2019
BAIC Group gains 3.7% year-on-year growth in Q1 sales
BAIC Group gains 3.7% year-on-year growth in Q1 sales

China’s stated-owned automaker BAIC Group announced that its revenue in the first quarter of the year reached RMB123.68 billion with a year-on-year increase of 11.6% and its quarterly profit rose 13.6%, outpacing the revenue growth.

Apr. 18 , 2019