BYD statement denies Buffett will sell stake

On the morning of September 25, foreign media reported yesterday that US billionaire Warren Buffett could sell its stake in BYD.　　In this regard, the BYD statement said the report was untrue, did not see Mr. Buffett there are signs of sale. It is reported that Buffett in charge of Berkshire Hathaway company in 2008 to 230 million U.S. dollars to buy a 10% stake in BYD.　　Today, these shares are worth 1.6 billion of dollars. Yesterday, foreign media reported that Buffett and Bill Gates will come to China today for a 4-day visit. The two will go to Beijing, Changsha and Shenzhen to discuss BYD's issues.　　The report also said that some analysts speculated that Mr. Buffett may sell some or all of the equity in the cash. In this respect, BYD Investor Relations Department general manager Li Yu to Sina Technology, said, "This report lacks the factual basis, we did not see Buffett has the sign which sells the company stock." Moreover, Buffett is willing to visit BYD, in the normal logic of thinking, it is impossible to come here to sell stocks. "For Buffett's specific itinerary, Li Yu did not disclose. (Zhang Wei)