Shulou(Shulou.com)11/24 Report--

CTOnews.com, November 7, according to Interface News, relevant departments of BAIC Blue Valley confirmed that Wang Qiufeng, deputy general manager of BAIC New Energy Co., Ltd. and president of Polar Fox Motor Co., Ltd. resigned for personal reasons.

According to public data, Wang Qiufeng graduated from Beijing University of Technology and joined the Economic Observer in 2004. She has served as an assistant journalist, journalist and senior journalist. In September 2010, Wang Qiufeng joined China Business Daily as editor-in-chief of Automobile Weekly. In 2011, he officially joined Sohu as the director of Sohu Automotive News Center and the director of the industrial center. From 2013 to 2020, Wang Qiufeng served as general manager of Tencent Automobile, setting up business platforms such as Tencent Automobile Video and Tencent Automobile Mall.

On October 21, 2020, Wang Qiufeng officially joined BAIC New Energy as vice president of ARCFOX, and was promoted to president of ARCFOX in 2022.

CTOnews.com learned that BAIC Langu released the latest quarterly results showing that operating income in the first three quarters was 5.707 billion yuan, down 6.41% from the same period last year, of which operating income in the third quarter was 2.227 billion yuan, down 39.15% from the same period last year. The net loss of shareholders belonging to listed companies was 3.5 billion yuan, down 32.35% from the same period last year, of which the net loss in the third quarter was 1.318 billion yuan, up 58.71% from the same period last year.

ARCFOX Polar Fox is a high-end new energy brand under BAIC Blue Valley. Polar Fox currently launches three models, including Alpha S, Alpha S HI and Alpha T, among which Alpha S HI is the model launched by BAIC Blue Valley's polar fox brand, which is equipped with Huawei HI full-stack smart car solution and intelligent cockpit based on HarmonyOS development.

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