BYD to Tighten Overseas Pricing and Compliance Management
BYD announced on September 2 that it will follow the Guidelines for Competition Conduct and Compliance Building in the Auto Industry to enhance its full-chain compliance management overseas. The measures include standardizing pricing systems, upholding fair competition, and protecting consumer rights, as part of efforts to support high-quality expansion of China's auto industry.
BYD issued a statement on September 2, saying it will act in accordance with the Guidelines for Competition Conduct and Compliance Building in the Auto Industry to continuously improve its full-chain compliance management system overseas. Specific measures include standardizing the overseas pricing management system, upholding the bottom line of fair competition, and safeguarding the legitimate rights and interests of consumers.
At the same time, BYD will implement various regulatory requirements, strengthen localized services, fulfill corporate social responsibilities, and help the high-quality international expansion of China's auto industry.