Core Points - Avita Technology (Chongqing) Co., Ltd. has officially changed its name to Avita Technology (Chongqing) Co., Ltd. on September 29, 2025, and has undergone a shareholder change with the exit of Hefei Guojing Venture Capital Partnership and the entry of the National Green Development Fund as a new shareholder [2][3] - The company is focused on developing a new intelligent electric vehicle technology platform called CHN, which integrates capabilities from Changan Automobile, Huawei, and CATL [4] - Avita plans to launch 17 new models by 2030, targeting a global sales volume of 800,000 units by 2030 and 1.5 million units by 2035 [4] Company Changes - The company has transitioned from a limited liability company to a joint-stock company as of September 29, 2025 [3] - The office address has been updated to No. 101, Building 11, Zizhu Road, Kangmei Street, Liangjiang New Area, Chongqing [2] - Wang Hui has been appointed as the new chairman, responsible for strategic planning and global business expansion [4] Market Strategy - Avita's product range will focus on price segments between 250,000 to 700,000 yuan, with plans to introduce a flagship model priced at one million yuan by 2026 [4] - The company aims to achieve annual revenue of 100 billion yuan by 2027 through a sales target of 400,000 units globally [4] - The company is preparing for an IPO application to the Hong Kong Stock Exchange in the fourth quarter of 2025, with plans to complete the listing by the second quarter of 2026 [4]