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BAIC Motor Corporation Ltd (BAIC), a subsidiary of Beijing Automotive Group Co Ltd, is an automobile company. It manufactures and markets passenger vehicles, engines, and auto parts. The company also designs, develops, and produces electric passenger vehicles. It offers a range of sedans, sport utility vehicle (SUV), multi-purpose vehicle (MPV) models, crossover (CUV), E-Class sedans, the C-Class sedan, and new electric passenger vehicles. BAIC’s services include car financing and automobile after-sale services. The company sells its products under the Beijing Brand and Beijing Benz brand. It also manufactures engines, powertrain, and other core parts and components for passenger vehicles. The company operates in Hong Kong and China. BAIC is headquartered in Beijing, China.
Headquarters
China
Address
No. 99 Shuanghe Street, Shunyi District, Beijing, 101300
Website
www.baicmotor.com
Telephone
86 10 56761958
No of Employees
31,711
Industry
Automotive
Ticker Symbol & Exchange
1958 (HKG)
Revenue (2022)
$28.0B
3.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-27.8%
(2022 vs 2021)
Market Cap*
$2.4B
Net Profit Margin (2022)
XYZ
-30.5%
(2022 vs 2021)
* As of and is in US$
BAIC Motor Corporation Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| CUV | Manufacture and Sale of Auto Parts and Components | Beijing |
| Sedan | Beijing Hyundai | |
| SUV | Beijing Benz | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company and EP Manufacturing Bhd partnered to assemble and produce authorized model vehicles in Malaysia. |
| 2024 | New Products/Services | In March, Beijing Off-Road launched the Magic Core electric drive solution. |
| 2022 | Contracts/Agreements | In August, the company and Xiaomi announced to enter right into a tie-up to supply e-cars. |
Competitor Comparison
| Key Parameters | BAIC Motor Corporation Ltd | SAIC Motor Corp Ltd | Dongfeng Motor Group Co Ltd | China FAW Group Co Ltd | Harbin Dongan Auto Engine Co Ltd. |
|---|---|---|---|---|---|
| Headquarters | China | China | China | China | China |
| City | Beijing | Shanghai | Wuhan | ChangChun City | Haerbin |
| State/Province | Beijing | Shanghai | Hubei | Jilin | Heilongjiang |
| No. of Employees | 31,711 | 207,001 | 112,706 | 120,000 | 3,184 |
| Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Chen Wei | Chairman | Executive Board | 2022 | 55 |
| Huang Wenbing | Director; President | Executive Board | 2021 | 50 |
| Song Wei | President; Director | Executive Board | 2024 | - |
| Wang Jianhui | Vice President; Secretary | Senior Management | 2021 | 47 |
| Li Deren | Vice President | Senior Management | 2017 | 58 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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