Core Viewpoint - Changan Automobile announced a name change of its controlling shareholder from "China Changan Automobile Group Co., Ltd." to "Chen Zhi Automobile Technology Group Co., Ltd." This change does not affect the shareholding structure or the company's governance and operations [1][2]. Group 1: Company Changes - The name change of the controlling shareholder has been officially registered and does not involve any changes in shareholding quantity or proportion [1]. - Changan Automobile's indirect controlling shareholder will change to a central enterprise formed from the split of the automotive business of the Equipment Group, pausing the merger with Dongfeng Motor Group [1][2]. - The chairman of Changan Automobile, Zhu Huarong, stated that the strategic restructuring of automotive central enterprises aims to create a globally competitive automotive group, aligning with Changan's development goals [2]. Group 2: Financial Performance - In the first quarter of 2025, Changan Automobile reported a revenue of 34.161 billion yuan, a year-on-year decrease of 7.73% [2]. - The net profit attributable to shareholders was 1.353 billion yuan, showing a year-on-year increase of 16.81% [2]. - The basic earnings per share were reported at 0.14 yuan [2].
中国长安汽车,更名!