BAIC BluePark share issuance advances amid soaring production and sales

BAIC BluePark New Energy Technology Co. (SSE:600733) announced that it received a review opinion from the Shanghai Stock Exchange. The exchange concluded that the company's application for issuing shares to specific investors meets the requirements for issuance, listing, and information disclosure, and will be submitted to the China Securities Regulatory Commission (CSRC) for registration. The share issuance remains contingent on CSRC approval.

Concurrently, the company's subsidiary, Beijing New Energy Vehicle Co., reported a substantial increase in its October 2025 production and sales. Production volume for October reached 29,382 units, a 137.26% increase year-on-year, with year-to-date production at 138,768 units, up 104.36%. Sales volume for October was 30,542 units, marking a 112.02% increase compared to the previous year, and year-to-date sales totaled 142,043 units, a 72.69% rise.

These robust figures include cooperative models jointly developed and sold with Beijing Automotive Group Co. Investors are advised to note the ongoing nature of the share issuance and the potential for uncertainty regarding its final approval and timeline.