CHANGAN AUTOMOBILE-B(SZ:000625) Sou Hu Cai Jing·2025-09-22 03:20Core Viewpoint - The appointment of Wang Hui as the chairman of Avita Technology marks a strategic shift aimed at accelerating the company's global expansion and addressing its ambitious sales targets [1][3][9]. Group 1: Leadership Changes - Wang Hui has taken over as chairman of Avita Technology, succeeding Zhu Huarong, who has taken on greater responsibilities within Changan Automobile [1][4]. - Wang Hui, born in 1981, is significantly younger than his predecessors, indicating a trend towards younger leadership within Changan Automobile [3][4]. - His previous roles within Changan include vice president and various leadership positions, showcasing his extensive experience in product, strategy, and global business [6][9]. Group 2: Company Performance - Avita has shown impressive growth, achieving a sales volume of 73,000 units in 2024, a 140% increase year-on-year, surpassing industry growth rates [7][9]. - Despite this growth, Avita's sales target for the year is 220,000 units, indicating a current completion rate of only 36.2%, highlighting the need for increased sales efforts [7][9]. Group 3: Global Expansion Strategy - Wang Hui's appointment is seen as a signal for Avita to accelerate its globalization efforts, leveraging his experience in overseas markets [9]. - Avita has already entered 25 countries and regions, establishing 55 sales and service channels, with plans to expand to 50 countries by 2025 and achieve sales of 15,000 units in international markets [9].