CHANGAN AUTOMOBILE-B(SZ:000625) Guo Ji Jin Rong Bao·2025-07-31 07:21Core Viewpoint - China Changan Automobile Group Co., Ltd. has officially been established in Chongqing and is now the 100th independent central enterprise directly supervised by the State-owned Assets Supervision and Administration Commission (SASAC) [2] Group 1: Company Performance - In the first half of the year, Changan Automobile achieved a cumulative sales volume of 1.355 million vehicles, marking an 8-year high for the same period [2] - The sales of new energy vehicles reached 450,000 units, representing a year-on-year growth of 48.8% [2] Group 2: Leadership Insights - The Vice Chairman and Director of Changan, Tan Benhong, acknowledged the challenges of achieving 1.355 million sales during a period of transformation, attributing success to the efforts of all employees and a strong focus on goals [2] - Tan also highlighted that the growth in sales is linked to the performance of Changan's products, including the high-end brand Avita, which has seen stable monthly sales exceeding 10,000 units for models like Avita 06 and Avita 07 [2] Group 3: Future Goals and Strategies - The Chairman, Zhu Huarong, has set an ambitious annual sales target of 3 million vehicles, indicating that the second half of the year will be challenging following the first half's performance [2] - Changan plans to focus on four key areas for breakthroughs in the second half: 1. Capturing traffic by monetizing existing products and leveraging the recent establishment of the new central enterprise [2] 2. Launching several new products across three new energy brands, tailored to global market demands, with releases scheduled for Q3 and Q4 [3] 3. Expanding into international markets, supported by organizational restructuring and team expansion across five major regions [3] 4. Fostering innovation in both original and collaborative developments, with plans to showcase advancements in Changan's intelligent driving system in Q3 [4]