China Changan Automobile Group Co., Ltd. was established in Chongqing

On July 29th, today (29th), China Changan Automobile Group Co., Ltd. was established in Chongqing. This new central enterprise was separated from the original Weapon Equipment Group and has 117 subsidiary companies. The main business is automobile complete vehicles and parts, automobile sales, financial and logistics services, motorcycles, etc. The person in charge of China Changan Automobile Group said that the new central enterprise will focus on building new productivity such as intelligent automobile robots, flying cars, and embodied intelligence in the future, explore new ecosystems for three-dimensional travel by sea, land and air, and accelerate globalization. Accelerate the development and explore the five regional markets of South East Asia, Middle East Africa, Central and South America, Eurasia and Europe. This reorganization is an important step for the country to promote the reform of central enterprises and optimize the layout of state-owned capital. It is also an important measure to enhance the competitiveness of China's automobile industry. As a pillar industry of the national economy, the pace of integration of the automobile industry is accelerating. The relevant person in charge of the State-owned Assets Supervision and Administration Commission of the State Council said that so far, the three central enterprise automobile groups formed in our country will better help the high-quality development of the intelligent networked new energy automobile industry and accelerate the development of a world-class brand with global competitiveness.