BYD Disbands 13th Business Unit to Advance Vertical Integration of R&D and Manufacturing
[Organizational Restructuring] BYD has disbanded its former 13th Business Unit, with its die-making and automotive lighting businesses reassigned to the Automotive Engineering Research Institute and the 11th Business Unit, respectively.
β‘ Core Strategic Move: Shedding Non-Core Functions to Strengthen Vertical Management
The 13th Business Unit (formerly FinDreams Precision) previously focused on die-making and automotive lighting operations and has now been dissolved. The die-making business has been integrated into the Automotive Engineering Research Institute, while the automotive lighting business has been merged into the 11th Business Unit, enabling seamless alignment with the four core manufacturing processes: stamping, welding, painting, and final assembly.
π Key Metrics: No Layoffs, Full Reassignment
All employees have been smoothly reassigned: the die-making team will now contribute to cutting-edge vehicle development, and the lighting team will receive training support in whole-vehicle manufacturing. Concurrently, Wu Heng has been appointed General Manager of the 11th Business Unit, reporting directly to the CEO.
π Strategic Rationale: Boosting Efficiency to Achieve the 5-Million-Unit Target
This move aims to shorten product development cycles and reduce cross-functional collaboration costs. It represents a proactive organizational adjustment by BYD in preparation for surpassing 5 million vehicle sales by 2026.