On July 6, 2024, the "Automotive Forum of Three Universities Alumni", initiated by the Beijing Automotive Industry Alumni Association of Wuhan University of Technology and co-organized by INSEAD (European Institute of Business Administration) China Alumni Association and PSL-Université Paris Dauphine (Paris Institute of Higher Studies - Paris IX University) DBA China Alumni Association, was grandly held in Beijing. BIBO's General Manager Liu Xiaohui and Operations Director Wu Xiang were invited to attend and discuss the development trends of China's automotive industry with other guests.

Group photo of the Automotive Forum of Three Universities Alumni
The forum, themed "Entering the European Automotive Market: What Chinese Companies Need to Do", attracted about 130 outstanding alumni and guests from renowned universities at home and abroad, focusing on Europe - the largest strategic overseas market for Chinese electric vehicles - and conducting in-depth discussions on the development of China's automotive industry and international economic and trade situation.
As a special guest, BIBO's General Manager Liu Xiaohui participated in the roundtable forum, together with Ma Donghui, co-founder and president of Li Auto, Zhang Zuqiu, chairman and president of Shanghai Baolong Automotive Technology Co., Ltd., Jia Guoqiang, deputy manager of Product Department III of China Quality Certification Center, Dr. Cui Guilin, general manager of China EV100 and Chebai Online (Beijing) Technology Co., Ltd., and Liu Junshan, co-CEO of Suzhou Zhihua Automotive Electronics Co., Ltd., providing brilliant answers to challenging questions.

Roundtable Forum (Liu Xiaohui, third from right)
BIBO's General Manager Liu Xiaohui:
The intense competition in the automotive industry is a challenge faced by major companies and will continue for some time. As a supplier of intelligent automotive chassis, BIBO mainly responds to this competition from three dimensions: First, partnerships, establishing strategic cooperation with OEMs, supply chain partners, and alumni; Second, a global perspective, preparing early for overseas expansion and improving overseas layout; Third, continuous product innovation and increased R&D investment. The overseas market is an important part of BIBO's market layout. Currently, several of the company's products have achieved export deliveries to markets including Europe and America, and overseas business is expected to more than double this year.
Previously, BIBO has established the "Wuhan University of Technology BIBO Fund" and the "BIBO Alumni Activities Support Fund" at Wuhan University of Technology for talent cultivation and event organization. BIBO also supported this event. General Manager Liu Xiaohui expressed his gratitude for the support Wuhan University of Technology has provided in product R&D, market development, and industry platforms, and stated that BIBO will continue to strongly support the development of the alma mater and give back to society.
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