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May 30 (NBD) -- Chinese electric car maker BYD Auto Co., Ltd. ("BYD", 002594.SZ) announced Monday that the company is planning to increase the registered capital of Shenzhen Denza New Energy Automotive Co., Ltd. ("Denza"), its joint venture with Daimler AG, by 400 million yuan (62.3 million U.S. dollars). According to BYD's company filing, the operating revenue of Denza was 975 million yuan (151.9 million U.S. dollars) in 2017, with a loss of 480 million yuan (74.8 million U.S. dollars).

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