On July 25, the BAIC Group issued an article stating that it firmly believes in the long-term improvement of China's economic fundamentals, is firmly optimistic about the development prospects of China's capital market, and fully supports the high-quality development of listed holding companies. The BAIC Group said that in the future, it will steadily increase its support for holding listed companies, promote mergers, acquisitions and restructuring of listed companies and the injection of high-quality assets, and cultivate high-quality enterprises in the fields of new energy and intelligence to connect with the capital market. At the same time, guide and promote holding listed companies to continuously improve the quality of their operations and raise the level of return to investors. On July 24, BAIC Blue Valley, Foton Motor, and Bohai Automobile simultaneously announced an increase in their holdings. The BAIC Group plans to increase its holdings of BAIC Blue Valley shares by 50 million yuan to 100 million yuan, Foton Motor shares by 50 million yuan to 100 million yuan, and Bohai Automobile shares by 25 million yuan to 50 million yuan, with a total increase of no more than 250 million yuan.

On July 25, the BAIC Group issued an article stating that it firmly believes in the long-term improvement of China's economic fundamentals, is firmly optimistic about the development prospects of China's capital market, and fully supports the high-quality development of listed holding companies. The BAIC Group said that in the future, it will steadily increase its support for holding listed companies, promote mergers, acquisitions and restructuring of listed companies and the injection of high-quality assets, and cultivate high-quality enterprises in the fields of new energy and intelligence to connect with the capital market. At the same time, guide and promote holding listed companies to continuously improve the quality of their operations and raise the level of return to investors. On July 24, BAIC Blue Valley, Foton Motor, and Bohai Automobile simultaneously announced an increase in their holdings. The BAIC Group plans to increase its holdings of BAIC Blue Valley shares by 50 million yuan to 100 million yuan, Foton Motor shares by 50 million yuan to 100 million yuan, and Bohai Automobile shares by 25 million yuan to 50 million yuan, with a total increase of no more than 250 million yuan.