Chongqing Changan Automobile Company Limited
000625.SZ
Shenzhen Stock Exchange7.18
CNY
-0.06
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Chongqing Changan Automobile Company Limited
000625.SZ
(Shenzhen Stock Exchange)
Recent
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7.18
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in mil. unless spec.- Similar Companies
- Business
- Chongqing Changan Automobile Company Limited is a Chinese automotive manufacturer engaged in the development, production, and sale of a wide range of vehicles and automotive components. The company’s primary products include passenger vehicles, SUVs, electric vehicles, and commercial vehicles marketed under its own brands such as Changan Auto, Deepal, Avatr, Changan Qiyuan (Nevo), and Kaicene, as well as through joint ventures with international partners like Ford and Mazda. Core product lines consist of internal combustion engine vehicles including the CS, Eado, and UNI series; new energy vehicles (NEVs) featuring extended range and electric models; and commercial vehicles including pickups and MPVs. The company also manufactures automotive engines and components. Founded in 1862 and headquartered in Chongqing, China, Changan Automobile operates 117 subsidiaries and maintains production bases across China with growing global market outreach including Asia, the Middle East, Central and South America, and Europe. In a major strategic shift in 2025, Changan Automobile was restructured as an independent central state-owned enterprise under direct control of the Chinese central government, separating from China South Industries Group. The restart of operations as a standalone central SOE aimed to strengthen innovation capabilities in intelligent vehicles, robotics, aerial automobiles, and integrated automotive intelligence. Recent operational expansions include the acquisition of Hyundai’s Chongqing manufacturing plant, which now serves as a production platform for its Deepal brand electric vehicles, and ongoing investments in electric battery manufacturers to boost EV production capacity and reduce costs. The company has actively advanced autonomous driving technologies, partnering with Huawei on intelligent driving systems. Recent product launches include models such as NEVO E07, Deepal S05 and L07, Avatr 07, and a new generation CS75 PLUS. The firm’s revenue climbed with increased focus on new energy vehicles, although net profits faced a decline in the prior year. Changan targets a broad customer base spanning entry-level to premium segments with emphasis on smart, sustainable mobility solutions. Aside from passenger cars, its commercial vehicle offerings support logistics and transportation needs. The company’s strategic focus on innovation, smart mobility, and market diversification positions it as one of China’s leading automakers in both traditional and new energy vehicle markets. Its headquarters is located in the Jiangbei District of Chongqing, with a registered capital of approximately CNY 20 billion (USD 2.8 billion) and leadership under Chairman Zhu Huarong. The company’s extensive brand portfolio and joint ventures enable a comprehensive presence in China’s automotive industry alongside emerging global expansion efforts.