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Chongqing, July 29 – China Changan Automobile Group Co., Ltd. was officially inaugurated today in Chongqing. This marks the establishment of another centrally administered state-owned automotive enterprise, following China FAW Group and Dongfeng Motor Corporation.
According to industrial and commercial registration records, China Changan Automobile Group Co., Ltd. was established on July 27 with a registered capital of ¥20 billion yuan. The legal representative is Zhu Huarong, and the company is headquartered in Chongqing. Its business scope encompasses automobile sales, new energy vehicle sales, automotive component R&D, intelligent unmanned aerial vehicle (UAV) manufacturing, and intelligent UAV sales, among other areas.
The new centrally administered SOE was formed through the restructuring and division of the former China South Industries Group Corporation (CSGC), inheriting 117 subsidiaries and branches. Its core operations include complete vehicles & components, automotive sales, financial & logistics services, and motorcycles.
A senior executive of China Changan Automobile Group stated that the company will prioritize developing new quality productive forces such as intelligent automotive robotics, flying cars, and embodied intelligence. It aims to pioneer an integrated land-air mobility ecosystem while accelerating global expansion into five key regions: Southeast Asia, Middle East & Africa, Central & South America, Eurasia, and Europe.
