CHANGAN AUTOMOBILE-B(SZ:000625) Nan Fang Du Shi Bao·2025-07-08 06:40Group 1 - The establishment of a new state-owned enterprise closely related to Changan Automobile is confirmed, with its headquarters located in Chongqing and led by current chairman Zhu Huarong [2] - The new entity is expected to be a direct unit under the State-owned Assets Supervision and Administration Commission (SASAC), with its name to be finalized by the end of the month [2] - Changan Automobile recently changed its name to Chanzhi Automotive Technology Group Co., Ltd., which is seen as a move to free up the name for the new group [2] Group 2 - Changan Automobile reported a global cumulative sales of 1.355 million units in the first half of 2025, marking a year-on-year increase of 6.8%, the highest in nearly eight years [3] - Sales of new energy vehicles reached 448,000 units, a year-on-year increase of 48.8%, accounting for 33% of total sales [3] - The company has invested over 40 billion yuan in the new energy sector since 2015 and plans to launch solid-state battery prototypes by the end of this year [3]