BYD to reduce share lot size amid strong growth, overseas expansion

BYD Company Limited will change its H-share board lot size from 500 to 100 H shares, effective September 19, 2025, to enhance liquidity and broaden its shareholder base. This adjustment comes as BYD reported robust performance in the first half of 2025, with revenue increasing by 23.30% to RMB371,281m and net profit attributable to shareholders rising by 13.79% to RMB15,510m, driven primarily by its new energy vehicle business.

The company's new energy vehicle sales hit record highs, securing top positions in both Chinese and global markets, with overseas sales surging by 1.3 times. BYD also completed an H-share accelerated bookbuild offering, raising $5.6bn, and approved a 2025 employee share ownership plan totaling up to RMB4,100m. The board also approved a 2024 profit distribution and capital reserve capitalization plan, including a cash dividend of RMB39.74 per 10 shares, 8 bonus shares per 10 shares, and 12 capitalization shares per 10 shares.