CHANGAN AUTOMOBILE-B(000625)2025-01-17 10:36Group 1: Global Expansion Plans - The company will implement the "Sea of Stars" global strategy, focusing on long-termism and localism, while adhering to ESG principles [2] - In 2025, the company plans to launch the following initiatives: production at the Southeast Asia factory, a brand launch in Europe, KD projects in the CIS region, establishment of a subsidiary in Brazil, and full introduction of three brands in the Middle East and Africa [2] - Seven teams will be organized to conduct in-depth market research across five major global regions to support the global strategy [2] Group 2: Strategic Goals - The company is on its third entrepreneurial journey, continuously optimizing its strategic plan, now at version 8.0, with a focus on the "13335" strategic layout [3] - By 2030, the overall sales target is set at 5 million vehicles, with 3.5 million in new energy vehicles and 30% of sales from overseas markets [3] Group 3: New Energy Initiatives - The company will leverage its three new energy brands to build competitive advantages, planning to launch 50 new smart products over the next five years [3] - The goal is to produce over five models with sales exceeding 300,000 units each, driving high-quality development across the supply chain [3] Group 4: Digitalization and Technology - The company aims to achieve breakthroughs in key technologies, including smart chassis and distributed electric drive systems, with a target to lead in advanced driving technology by 2027 [3] - Future plans include advancing in flying cars and humanoid robots to create a new ecosystem for transportation [3] Group 5: Commercial Vehicle Strategy - The commercial vehicle segment, led by Changan Kaicheng, will focus on low-carbon smart logistics and new energy pickups, with a sales target of 600,000 units by 2030 [4] - The strategy includes three business models: vehicle R&D and sales, external platform and technology output, and smart logistics ecosystem services [4]