方程豹Fangchengbao

Who owns Fangchengbao? The ownership chain, BYD's stake and the 2023 deal

Facts checked Chinese holding 100%

Fangchengbao is Chinese and belongs to BYD. It is BYD's off-road and personality brand, sitting between the BYD and Yangwang badges.

Fangchengbao is BYD's own off-road brand, announced on 9 June 2023. There is no outside shareholder.

The short answer

Controlled by BYD
Stake100%
Since9 June 2023
Kindbrand
OriginCN
Name in Chinese 方程豹 Fāngchéngbào “fahng-chung-BAO”
Top of the chainLü Xiangyang
Is it Chinese? Yes

The chain, step by step

  1. Lü Xiangyang holds a stake in BYD since February 1995.

    Wang Chuanfu's cousin, BYD's co-founder and early financial backer; he has held BYD shares through Guangzhou Rongjie Investment. The current percentage was not verified.

  2. BYD owns Fangchengbao at 100% since 9 June 2023.

    Fangchengbao is BYD's own off-road brand, announced on 9 June 2023. There is no outside shareholder.

Every holding above this entity, with the stake and the date it began.
Holder Holds Kind Stake Since
Lü Xiangyang BYD holds a stake in not published February 1995
BYD Fangchengbao owns 100% 9 June 2023

Fangchengbao: questions people ask

Who owns Fangchengbao?
BYD. It is one of BYD's four car brands alongside BYD itself, Denza and Yangwang.
What does Fangchengbao mean?
方程豹 reads as 'Formula Leopard': 方程 is 'equation' or 'formula' and 豹 is 'leopard'.
Is the Denza B5 a Fangchengbao?
Yes. The Fangchengbao Bao 5 is sold outside China as the Denza B5, and the Bao 8 as the Denza B8.
Can you buy a Fangchengbao outside China?
Not under that name. BYD exports the cars under the Denza badge, or in the case of the Tai 7 and the Shark pickup under its own BYD badge.

Related

Sources for Fangchengbao

  1. Wikipedia, Fangchengbao. Read . Launch dates, first car, model range and early sales
  2. CarNewsChina, BYD's Fang Cheng Bao Bao 5 to be sold overseas as Denza B5. Read . Bao 5 to Denza B5 export rebadging
  3. The Citizen, Fangchengbao Tai 7 becomes a BYD for export markets. Read . The Tai 7 exported as a BYD rather than a Denza, and the reasoning given
  4. Wikipedia, List of automobile manufacturers of China. Read . Fangchengbao listed as a BYD Auto brand.
  5. Wikipedia, BYD Company. Read .