BYD rises 3% confirms plans to buy bus business and new base

BYD, which has made an upgrade after a minor adjustment earlier this morning, has risen 3.15% to HK $34.35, trading 2.09 million shares, or boosted by news of its acquisition of bus services. Jianjun, deputy general manager of the company's Auto sales company, confirmed that it was in the process of acquiring negotiations with the three-passenger bus in the troubled U.S., and that both sides expressed good faith, but the related purchase price and the time of project production still needed further negotiation. According to the daily economic news, BYD will plan to build BYD's third largest auto production base in Changsha after the completion of the acquisition. The acquisition will be completed in 3, 4 months, after the completion of the acquisition, 3 months will produce new energy passenger cars, and Shenzhen related units will purchase these new energy passenger cars, the first batch of 1,000 vehicles delivered.