China Autos & Shared Mobility_ Meaningful industry consolidation in sight
Audi·2025-02-13 06:50
The news: Changan reported on Feb 9 that its ParentCo is planning a restructuring with other central SOEs, which could lead to a change of controlling shareholders (ultimate ownership should remain the same, being the State-owned Assets Supervision and Administration Commission). This news echoes a similar announcement by Dongfeng, indicating a potential merger between the companies' ParentCos (or could include other central SOEs). Initial thoughts on implications: The restructure, if it materializes, would ...