CHANGAN AUTOMOBILE-B(SZ:000625) Jing Ji Guan Cha Wang·2025-08-11 04:19Core Viewpoint - China Changan Automobile is accelerating towards its goal of producing and selling 5 million vehicles by 2030, with over 60% being new energy vehicles and over 30% from overseas markets, aiming to enter the top ten global automotive brands [1][12]. Group 1: Company Formation and Strategic Goals - The establishment of China Changan Automobile marks a significant move by the state to consolidate resources in the automotive sector, creating a "national team" capable of competing with top global automotive groups [2]. - The company integrates 117 subsidiaries, covering the entire automotive value chain, including manufacturing, parts, trade, logistics, and finance, addressing issues of resource fragmentation and insufficient collaboration in the domestic automotive industry [2][3]. - The core mission of China Changan Automobile is to develop a globally competitive automotive group with independent core technologies, aligning with national strategies for a strong automotive and technology sector [2][6]. Group 2: Regional Impact and Industrial Development - The establishment of China Changan Automobile is a timely boost for Chongqing, which is developing a trillion-level smart connected new energy vehicle industry [3]. - As the first central enterprise headquartered in Chongqing, the company will enhance local competitiveness by integrating R&D and manufacturing resources, attracting talent and capital to the region [3][4]. - The company’s operations are already showing results, with the Avita smart factory leading the upgrade of Chongqing's smart manufacturing sector and overseas bases like the Thailand Rayong factory expanding global reach [3][7]. Group 3: Research and Development Initiatives - China Changan Automobile will maintain a global R&D layout, focusing on collaborative innovation with industry partners to create a shared model of benefits [4][5]. - The company plans to invest over 200 billion yuan in technology over the next decade, aiming to enhance its capabilities in AI and other advanced fields [7][8]. Group 4: Product and Market Strategy - The company aims to launch over 50 new energy products in the next five years, including several high-volume models, with significant investments in technology and innovation [10][11]. - The three brands under China Changan Automobile—Avita, Deep Blue, and Changan Origin—are positioned to target different market segments, with ambitious sales and product launch plans [10][11][12]. Group 5: Ecosystem and Service Enhancement - China Changan Automobile is building an open and win-win industrial ecosystem through vertical integration with core partners and horizontal expansion into new business areas [8][9]. - The company is enhancing user engagement through a comprehensive service system that combines B2B and B2C strategies, focusing on proactive and intelligent service delivery [9].