CHANGAN AUTOMOBILE-B(SZ:000625) Chang Jiang Shang Bao·2025-07-29 23:44Group 1 - The establishment of China Changan Automobile Group marks the third automotive central enterprise in China and the 100th central enterprise overall [2][5][7] - The registered capital of China Changan Automobile Group is 20 billion yuan, with Zhu Huarong serving as the legal representative [2][3] - The new central enterprise is formed from the split of China Ordnance Equipment Group and includes subsidiaries such as Chongqing Changan Automobile Co., Ltd. and Changan Zhixing Automobile Technology Group [3][4] Group 2 - China Changan Automobile Group aims to focus on developing intelligent automotive robots, flying cars, and integrated intelligent solutions, while also accelerating its global expansion into Southeast Asia, the Middle East, Africa, Central and South America, and Europe [6] - The group consists of 117 subsidiaries, with business operations in vehicle manufacturing, sales, financial services, and logistics [6] - The restructuring is seen as a significant step in optimizing state-owned capital layout and enhancing the competitiveness of China's automotive industry [6] Group 3 - In the first half of 2023, Changan Automobile sold 1.3553 million vehicles, with a year-on-year growth of 1.59% [10] - The company has set ambitious goals, including achieving total sales of 5 million vehicles by 2030, with 4 million from its own brand and 3 million from smart new vehicles [8][9] - Changan's overseas strategy aims for over 10 billion USD in investment and annual overseas sales of 1.2 million vehicles by 2030 [9]