CHANGAN AUTOMOBILE-B(000625)2025-05-22 11:50Product Planning - The company plans to launch 35 new smart vehicles over the next three years, including 10 models each from Changan Qiyuan and Deep Blue, and 7 models from Avita [1] - Changan Qiyuan will introduce small SUVs, medium SUVs, and mid-large MPVs; Deep Blue will offer compact sedans and large SUVs; Avita will focus on mid-large SUVs and sedans [1] Battery Technology Development - The company aims to complete the construction of 50GWh battery cell capacity by 2026, reaching a total capacity of 75GWh [1] - Solid-state battery validation is expected in 2026, with mass production targeted for 2027, achieving an energy density of 400Wh/kg [1] - The company is also developing a second-generation fuel cell system and enhancing high-pressure fast charging technology, with an 18% increase in power density for new electric drive systems [1] International Market Expansion - The company is committed to localizing production and brand operations in five major overseas regions, transitioning from "product export" to "brand and industry export" [2] - Southeast Asia is identified as a key market, with the Changan Rayong plant starting production in May 2025 and aiming for top 10 global brand sales by 2027 [2] - In Europe, the company plans to launch 6 new energy models by 2027 and complete marketing and service infrastructure by 2025 [2] - The company aims to enter the Brazilian market in 2025 and achieve top 10 global brand sales in Central and South America by 2026 [2] - In the Middle East and Africa, the focus is on fuel vehicles, with plans to establish channels for the Deep Blue brand by 2025 and achieve top 10 sales in the Middle East by 2026 [2] Sales Performance - The Avita 06, launched on April 19, received over 12,536 pre-orders within 48 hours, with nationwide deliveries starting on April 20 [3] - The Qiyuan Q07, launched on April 23, has surpassed 50,000 orders, with a strong focus on family-oriented features [3] - The Deep Blue S09 began global pre-sales on April 23, accumulating over 11,520 orders [3]