CHANGAN AUTOMOBILE-B(SZ:000625) Xin Lang Cai Jing·2025-12-10 09:06Core Insights - Changan Automobile has officially reached the milestone of producing its 30 millionth vehicle, becoming the first Chinese automotive brand to achieve this feat, marking a significant step in China's transition from an "automobile giant" to an "automobile power" [1][3] Group 1: Milestone Achievement - The Avita 12 model represents a historic moment for Changan, highlighting its strategic position as a flagship in the company's high-end offerings [3][8] - Changan's Chairman, Zhu Huarong, attributed the achievement to the support of users, partners, and generations of Changan employees, while announcing a strategic goal for 2030 to produce and sell 5 million vehicles, with over 60% being new energy vehicles and over 30% in overseas markets [3][8] Group 2: Development Trajectory - Changan's journey from its first entrepreneurial venture in 1984 to its transformation into a smart low-carbon mobility technology company in 2017 reflects the evolution of China's automotive industry [3][5] - The time taken to reach each million vehicle milestone has decreased significantly: 30 years for the first 10 million, 7 years for the second, and just 4.5 years for the third, indicating rapid growth in the new energy vehicle sector [3][5] Group 3: Safety and R&D Initiatives - Changan has established a comprehensive safety system over its history, with a focus on expanding safety measures beyond physical protection to include driving, health, psychological, and privacy dimensions [5] - The company invests 5% of its revenue annually into R&D, employing a technical team of over 24,000 and filing approximately 14,000 patents in the last three years [5] Group 4: Brand and Product Strategy - Changan has developed a five-brand matrix, including Avita, Deep Blue, and Changan Qiyuan, which collectively aim to achieve over 1 million new energy vehicle sales by 2025 [7][8] - The Avita brand has consistently sold over 10,000 units monthly for nine consecutive months, while Deep Blue remains a leader in central enterprise new energy vehicle sales [7] Group 5: Future Plans - Changan's strategic blueprint includes three major initiatives: "Shangri-La" for new energy, "Beidou Tianshu" for intelligence, and "Haina Baichuan" for globalization, aiming to transition into a smart low-carbon mobility technology company [8] - The company plans to focus on next-generation batteries and IGBT technology, with ambitions to produce humanoid robots by 2028 and commercial flying cars by 2030 [8]