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BYD Co. Ltd. (1211) … China Automobile: Weekly: Sales reined in by resurgence of covid-19 cases in 10-16 Jan 22.

January 24, 2022
Source: researchpool.com researchpool.com
News Snapshot:
ON THE GROUND UPDATES & 2022 FINANCIAL TARGETS * Management stated that this year, some hiccups were faced due to the changes in the national high school system, setting the minimum eligibility score for college admissions, way above the achieved scores by high school students, leading to only four-five universities capable of meeting their admissions target, and CIRA’s BUC was one of those. However, these hiccups are not permanent and are now resolved with a more stable university admission... * The company is targeting volumes for its local brand at 70-72 bn stick for FY21/22, after recording 67 bn stick...
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