Is Changan Automobile a state-owned enterprise?

Changan automobile is a state-owned enterprise.

Changan Automobile refers to China Changan Automobile Group Co., Ltd., a large state-owned enterprise established by China Ordnance Equipment Group Corporation (now China Ordnance Equipment Group Co., Ltd.) to integrate and optimize its automobile industry.

China Changan Automobile Group Co., Ltd. was established in June 5438+February 2005. By the end of 2022, China Changan held, participated in and managed 27 enterprises (including 4 listed companies) and 98 enterprises at all levels.

Business category and industrial chain coverage

China Changan Automobile Group Co., Ltd. has formed four main business segments: automobile parts, automobile sales and service, automobile logistics and automobile ecosystem, covering the whole automobile industry chain, including research and development and production of key automobile parts such as power transmission and electric drive, chassis, thermal management and intelligent cockpit.

R&D and Innovation

The company has built a three-level innovation platform at the group level, the ministerial level and the enterprise level. It has five national and eight provincial R&D centers, adheres to the development model of "self-centered, independent innovation", and has strong spare parts supply capacity for full-stack solutions.

Business performance and market position

The company ranks 96th among global auto parts enterprises, and China 14. In 2023, the operating income was1512.98 million yuan, a year-on-year increase of 24.78%, and the net profit reached113.27 million yuan, a year-on-year increase of 45.25%, with strong performance.

Product pedigree and sales network

The company has a complete product pedigree, covering micro-cars, cars, buses, school buses, heavy trucks, special vehicles and other fields, and has a wide sales network nationwide. Products are also sold to more than 70 countries and regions around the world.