新央企，挂牌成立！

Core Viewpoint - The establishment of China Changan Automobile Group Co., Ltd. with a registered capital of 20 billion RMB marks a significant step in the automotive industry, focusing on smart vehicles and global market expansion [2][14]. Group 1: Company Formation and Structure - China Changan Automobile Group was officially established on July 27, 2023, with a registered capital of 20 billion RMB, and is headquartered in Chongqing [2][14]. - The company is a state-owned enterprise, with Zhu Huarong as the legal representative, and its business scope includes automotive sales, new energy vehicle sales, and automotive parts R&D [2][3]. - The formation of the new central enterprise is part of a restructuring process initiated by its indirect controlling shareholder, China Ordnance Equipment Group [14]. Group 2: Strategic Focus and Future Plans - The new group aims to develop smart automotive robots, flying cars, and embodied intelligence, while exploring a multi-dimensional transportation ecosystem [2]. - There is a strong emphasis on accelerating globalization and expanding into five major regional markets: Southeast Asia, Middle East and Africa, Central and South America, Eurasia, and Europe [2]. Group 3: Market Position and Performance - Changan Automobile is recognized as one of the four major automotive groups in China, with a history of 162 years and 40 years of vehicle manufacturing experience [14]. - In the first half of 2025, the company achieved sales of 1.3553 million vehicles, including 299,400 units sold overseas [14]. - As of the latest report, Changan Automobile's stock price is 13.12 RMB per share, with a market capitalization of 115 billion RMB [15].