YIBIN, China, May 7, 2025 /PRNewswire/ -- Kaiyi Auto has successfully held its Global Business Conference on April 28th. Themed "SAIL FOR FUTURE", which was grandly held in Yibin, China, and brought together nearly 200 distributors from over 50 countries and regions. On the occasion, Kaiyi Auto announced its new strategy for global market.
During the conference, Jia Yaquan, the Chairman of Kaiyi Auto, extended warm welcome to the attendees and outlined the company's five-year internationalization strategy in his speech.
Hu Jun–Executive Deputy General Manager of Kaiyi Auto, made a more detailed arrangement in the following speech: "To realize the goal increasing of annual production and sales volume from 60,000 to 500,000, Kaiyi Auto must stick to its '55511' plan, focus on its core business, strengthen the brand image, and commit to long-term development." The '55511' plan refers to Kaiyi Auto's 5 targets by 2030: achieving annual production and sales volume at 500,000 vehicles; output value of 50 Billion CNY; profit and tax of 5 Billion CNY simultaneously; new energy vehicles accounting for half of the total sales; and more than half of the sales coming from exports.
The Deputy General Manager of Kaiyi Auto, Jiang Sheng said Kaiyi Auto will launch five new models in the next five years, as well as update current ones.
Mr. Jiang also emphasized that for production and sales, Kaiyi Auto plans to establish a production structure of 6 CKD + 13 SKD by 2030, with an annual production capacity exceeding 300,000 units. By expanding into 80+ countries and regions supported by 1,000+ sales and service branches, Kaiyi Auto aims to build a channel network system for an annual sales target at 300,000 units, thus striving to rank among top 10 Chinese auto brands in exports.
"The next five years will be a period of rapid expansion, innovation, and shared success." Han Ren, the deputy general manager of Kaiyi Auto and General Manager of Kaiyi Auto's International Trade Company said.
This conference is a milestone in the internationalization of Kaiyi Auto Moving forward, Kaiyi Auto will join hands with global partners to usher in more technical innovation and business cooperation, inviting more international consumers to appreciate the charm of China's intelligent manufacturing and products.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Kaiyi Auto Sets Sail Its New Developing Strategy in Global Market
SHANGHAI, Dec. 29, 2025 /PRNewswire/ -- A news report from english.shanghai.gov.cn
The Shanghai Municipal Government issued measures to support the construction of the G60 science and technology innovation corridor in the Yangtze River Delta as a source area on Dec 25, making the corridor a pioneer in China's scientific and technological and industrial innovation.
The measures highlight the functional positioning of Songjiang district as the source of the G60 science and technology innovation corridor in the Yangtze River Delta. It plays a leading and exemplary role in driving cross-regional collaboration in scientific and technological innovation and industrial innovation in the Yangtze River Delta, becoming a driving force for high-quality development in the region.
Meanwhile, the measures explore a new mode of coordinated development of industrial clusters, focus on the new generation of electronic information industry (intelligent terminals) and aerospace industry (satellite internet), and accelerate the construction of a modern industrial system supported by advanced manufacturing clusters and productive services.
The measures are promoted throughout Songjiang district, spreading to the Yangtze River Delta. While strengthening innovation across the entire region, policy synergy is being systematically integrated in areas such as scientific and technological innovation, industrial development, land planning, and talent attraction to accelerate the resolution of current bottlenecks that hinder the integrated development of scientific and technological innovation and industrial innovation.
Focusing on building a source of technological innovation, the measures propose to improve the diversified investment mechanism for applied basic research, and provide funding support stage by stage, not exceeding 30 percent of the total investment and up to a maximum of 30 million yuan ($4.28 million).
Aiming to jointly build world-class industrial clusters, the measures promote the development of the new generation electronic information industry and the aerospace industry, by providing funding support stage by stage, not exceeding 15 percent of the total investment and up to a maximum of 50 million yuan.
In terms of jointly cultivating a world-class innovation ecosystem, the measures promote high-level exchanges and cooperation by providing up to 5 million yuan in start-up funds and offering annual financial support of no more than 30 percent of operating expenses and up to a maximum of 2 million yuan.
As for sharing technological innovation resources, special funds will be established, with a total investment of 2.5 billion yuan over five years, including 1 billion yuan from the municipal finance department and 1.5 billion yuan from the district finance department.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Shanghai unveils steps to build sci-tech innovation corridor in Yangtze River Delta
