Warren Buffett to Attend BYD Dealers Annual Meeting in Shenzhen
Warren Buffett, called the “Sage of Omaha” will be arriving in Shenzhen on September 27 to participate in the BYD dealers annual meeting. BYD executives who invited Buffett have kept mum about the details of Buffetts schedule.
More than 1,000 BYD dealers from around the country will have the chance to listen to Buffett at the said meeting. Jia Xinguang, an auto analyst said ,”BYD Auto has recently reduced its annual sales targets because many of its dealers wanted to withdraw from the sales network. Therefore, the appearance of Buffett will undoubtedly greatly enhance the morale of the dealers.
“Buffett is a genius. I hope his appearance can promote the development of BYD Auto, in particular the development of electric cars.” Yin Mo, general manager of BYD Auto sales agency in Hunan Province said.
After completing his schedule in Shenzhen, Buffett will proceed to Beijing to meet Bill Gates for their charity dinner with 50 of China’s wealthiest on September 29.