(FILES) This photo taken on April 18, 2024 shows BYD electric cars for export waiting to be loaded onto a ship at a port in Yantai, in eastern China's Shandong province. Chinese electric vehicle maker BYD recorded a 55 percent decline in first-quarter net profit, a Hong Kong stock filing showed on April 28, 2026, as weaker domestic demand added to pressure from cutthroat competition. (Photo by CN-STR / AFP via Getty Images) / China OUT

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