新汽车央企股权结构图首次曝光

Core Viewpoint - The restructuring of China Weaponry Equipment Group and the establishment of China Changan Automobile Group is aimed at enhancing the competitiveness of Changan Automobile in the global market, particularly in the electric vehicle sector [1][4]. Group 1: Restructuring Details - On July 27, 2025, a division agreement was signed between China Weaponry Equipment Group and China Changan, completing the registration process for the new company [1]. - The registered capital of China Weaponry Equipment Group was approximately 36.565 billion yuan before the split, which was adjusted to 16.565 billion yuan post-split, while China Changan was established with a registered capital of 20 billion yuan [1]. - The split does not involve any payment for the assets, and both companies will jointly bear the debts of the original group, except where otherwise agreed with creditors [1]. Group 2: Shareholding Changes - Prior to the restructuring, China Weaponry Equipment Group held nearly 4 billion shares of Changan Automobile, accounting for 39.69% of its total share capital [2]. - Post-restructuring, China Changan holds approximately 3.474 billion shares of Changan Automobile, representing 35.04% of the total share capital, making it the indirect controlling shareholder [4]. - The actual controller of Changan Automobile remains the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council [4]. Group 3: Strategic Goals - China Changan aims to become a world-class automobile group with global competitiveness and independent core technologies, supporting Changan Automobile in becoming a leading player in international competition, particularly in the new energy vehicle sector [4].