CHANGAN AUTOMOBILE-B(SZ:000625) Bei Jing Shang Bao·2025-07-30 02:35Core Viewpoint - The establishment of China Changan Automobile Group marks the formation of a new central enterprise in China's automotive industry, aimed at enhancing the development of intelligent connected new energy vehicles and creating globally competitive brands [1][3]. Group 1: Company Formation and Structure - China Changan Automobile Group was officially established on July 29, with a registered capital of 20 billion yuan and 117 subsidiaries [1]. - The group is divided into three main sectors: New Automobile, New Ecology, and New Services, encompassing various brands and services [1]. - The leadership team of China Changan Automobile Group has been appointed, with Zhu Huarong as the Chairman and Party Secretary [2]. Group 2: Business Operations and Market Position - The group primarily engages in vehicle manufacturing, parts production, sales, financial services, and logistics [1]. - In 2022, Changan Automobile sold 2.68 million vehicles, reflecting a year-on-year growth of 5.12% [3]. - In the first half of this year, Changan's self-owned brand sales exceeded 1.15 million units, with a 2.61% increase, and new energy vehicle sales surged by 49.05% [3]. Group 3: Future Plans and Innovations - The new enterprise aims to develop intelligent automotive technologies, including flying cars and humanoid robots, while exploring new transportation ecosystems [4]. - Changan plans to launch 35 smart new vehicles over the next three years and achieve full-scene L3 autonomous driving by next year, with L4 capabilities expected by 2028 [4].