Core Viewpoint - The establishment of China Changan Automobile Group represents a significant step in the reform of state-owned enterprises and aims to enhance the competitiveness of China's automotive industry, with a focus on new energy vehicles and global expansion [3][11]. Group 1: Company Formation and Structure - On July 29, the State-owned Assets Supervision and Administration Commission (SASAC) announced the formation of China Changan Automobile Group, marking it as the 100th centrally managed state-owned enterprise [3][9]. - The new group will operate independently under SASAC, allowing for greater resource utilization and decision-making freedom, which is expected to facilitate its growth into a world-class brand [9][11]. Group 2: Performance and Sales Projections - In 2024, Changan Automobile is projected to achieve total sales of 2.683 million vehicles, representing a year-on-year growth of 5.1%, marking the highest sales in nearly seven years [3][6]. - The sales of Changan's self-owned brands are expected to reach 2.23 million units, accounting for 83.11% of the total sales [3]. Group 3: New Energy Vehicle Development - Changan's new energy vehicle sales are forecasted to soar to 734,000 units in 2024, reflecting a remarkable year-on-year increase of 52.8% [6]. - Over the past decade, Changan has invested more than 40 billion in key technologies and components for new energy vehicles, leading to significant advancements in performance and safety [6][8]. Group 4: Strategic Initiatives and Future Plans - The new leadership has introduced a "Five New" action plan, focusing on new missions, strategies, vehicle development, ecosystem construction, and service innovation [11][13]. - By 2030, Changan aims to achieve a production and sales scale of 5 million vehicles, with over 60% being new energy vehicles and more than 30% in overseas sales, positioning itself among the top ten global automotive brands [13].
新央企中国长安汽车集团正式成立百年长安站上新起点