BAIC BluePark has nominated Xie Yanqi as a director candidate. She currently serves as Executive Vice President of Mercedes-Benz China Investment Company. Following nomination by a company shareholder and review by the board's nomination committee, the board agreed to nominate Xie Yanqi as a director candidate. She will assume the role upon approval by the shareholders' meeting, with a term consistent with that of the eleventh board of directors. After this adjustment, the strategy committee of the eleventh board will consist of three directors: Liu Guanqiao, Xie Yanqi, and Cheng Bo, with Liu Guanqiao serving as chairman. Xie Yanqi was born in June 1975, graduated from the University of International Business and Economics where she also serves as an adjunct professor. She has held senior management positions at China Minmetals, Shell, IBM, SAP, Kingsoft Cloud, STMicroelectronics, and other companies. Since April 2026, she has been Executive Vice President of Mercedes-Benz China Investment Company and head of external affairs for China. In the first quarter of 2026, BAIC BluePark achieved revenue of 4.099 billion yuan and a net loss attributable to the parent company of 870 million yuan.
Baic Bluepark New Energy TechnologyNomination of a director from Mercedes-Benz may signal strategic alignment, but no clear positive or negative impact on operations or finances.