According to the data of Tianyancha, on March 27, the industrial and commercial changes of, Wang Chuanfu stepped down as Qinghai BYD Lithium Battery Co., Ltd's legal representative and chairman, replaced by BYD vice president He Long, in addition, new director Zhao Jianping.

Qinghai BYD Lithium Battery Co., Ltd. was established in July 2016 with a registered capital of 1.25 billion. The company's business scope includes:

R&D, production and sales of lithium-ion batteries.

Echelon utilization and recycling of lithium-ion batteries;

R&D, production and sales of lithium ion materials;

R&D, production and sales of supporting structural parts for lithium-ion batteries.

It is wholly-owned by Shenzhen BYD Lithium Battery Co., Ltd., which is a wholly-owned subsidiary of BYD Co., Ltd., a listed company in A shares.

On March 25, Wang Chuanfu also stepped down as the legal representative and chairman of Shantou BYD Industrial Co., Ltd. and Xi'an BYD Industrial Co., Ltd. in one day.