BAIC Ruixiang Automobile Co., Ltd. (hereinafter referred to as "BAIC Ruixiang"), established on April 23, 2021, is jointly built by a state-owned enterprise under the Chongqing Municipal Government and BAIC Group. It represents a new benchmark created by the Chongqing municipal government and BAIC Group to promote the transformation and upgrading of Chongqing's automobile industry, achieve high-quality development, optimize BAIC Group's strategic layout, and expand industrial development space. BAIC Ruixiang covers an area of over 1,340 mu (approximately 89.3 hectares), with a total building area of 360,000 square meters. It has built five major production lines for stamping, welding, painting, final assembly, and engine manufacturing, equipped with KUKA, ABB, and Kawasaki intelligent robot working platforms, forming a complete, independent, and efficient flexible manufacturing system for multi-model mixed assembly. The automation rate of key production processes exceeds 95%. Covering both fuel vehicles and new energy fields, it comprehensively deploys market segments such as SUVs, MPVs, sedans, buses, trucks, special-purpose vehicles, and new energy electric vehicles, achieving an annual production capacity of 500,000 vehicles. Looking to the future, the company adheres to the development strategy of "simultaneous development of passenger vehicles and commercial vehicles, parallel traditional energy and new energy, and equal emphasis on domestic and overseas markets." It will rely on the advantages of modular basic architecture, electronic and electrical architecture, intelligent connected architecture, and four major manufacturing platforms to provide product and service experiences beyond just automobiles, build a user-experience-oriented open ecosystem platform, and meet users' growing needs for a better life. At the same time, it will establish an efficient market-oriented operating mechanism, strengthen competitive advantages in market competition, and strive to become a user brand for the new era of consumption upgrading.
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