According to Citi, BYD's car sales in March were slightly higher than market expectations. According to the company's production and sales report, sales of new energy vehicles in March were 377,000 units, up about 17% month on month; of these, overseas sales totaled 72,700 units, up about 9% month on month. Citibank analyst Jeff Chung reported that BYD's net profit for each vehicle in the first quarter is expected to exceed 9,000 yuan. After deducting the potential provision of about 500 million yuan, the estimated net profit is at least 8.5 billion yuan, higher than the previous forecast of 8 billion yuan. The total sales volume for the second quarter is expected to be between 1.25 million and 1.35 million units, and the net profit per vehicle remains above 9,000 yuan. Maintain BYD as the industry's preferred stock, followed by Zero Sports Auto and Geely.

According to Citi, BYD's car sales in March were slightly higher than market expectations. According to the company's production and sales report, sales of new energy vehicles in March were 377,000 units, up about 17% month on month; of these, overseas sales totaled 72,700 units, up about 9% month on month. Citibank analyst Jeff Chung reported that BYD's net profit for each vehicle in the first quarter is expected to exceed 9,000 yuan. After deducting the potential provision of about 500 million yuan, the estimated net profit is at least 8.5 billion yuan, higher than the previous forecast of 8 billion yuan. The total sales volume for the second quarter is expected to be between 1.25 million and 1.35 million units, and the net profit per vehicle remains above 9,000 yuan. Maintain BYD as the industry's preferred stock, followed by Zero Sports Auto and Geely.