BAIC New Energy Laixi Base (Fluorocarbon Coated Panel) is a new energy vehicle industrial park built by BAIC Group in cooperation with Laixi City, Qingdao. The base aims to build a new energy vehicle industrial park integrating vehicle production, sales, and spare parts such as batteries, motors, and electronic controls, and is an important step in the strategic layout of BAIC's production capacity outside Beijing.