CHANGAN AUTOMOBILE-B(SZ:000625) Zhong Guo Jing Ying Bao·2025-12-12 06:38Core Insights - The production of the 30 millionth vehicle by Changan Automobile marks a significant milestone in the company's transformation towards technology and innovation [3][6] - Changan aims to produce and sell 5 million vehicles by 2030, with over 60% being new energy vehicles and over 30% sold overseas [3][4] Group 1: Production Milestones - Changan's first 10 million vehicles took 30 years, the second 10 million took 7 years, and the third 10 million took just 4.5 years [1] - The 30 millionth vehicle is a symbol of Changan's commitment to innovation and technology [3] Group 2: Research and Development - Changan has established a global R&D network with 44 technology research and product development centers and over 200 laboratories [3][5] - The company has applied for over 14,000 patents in the last three years, averaging 19 patents per day [5] - Changan invests 5% of its annual revenue into R&D, focusing on advanced technology and safety systems [5][8] Group 3: Sales Performance - In the first ten months of the year, Changan sold 2.374 million vehicles, with 869,000 being new energy vehicles, a 60.6% increase year-on-year [4] - In October, Changan's total sales reached 278,000 vehicles, with new energy vehicle sales of 119,000, up 36% year-on-year [4][5] Group 4: Strategic Plans - Changan's strategic plans include the "Shangri-La" for new energy, "Beidou Tianshu" for intelligence, and "Haina Baichuan" for globalization [3][8] - The company is focused on building a self-controlled supply chain and expanding its global market presence [8]