Changan Automobile Visual China Data Map
After the establishment of China Changan Automobile Group Co., Ltd. (hereinafter referred to as "China Changan Automobile Group"), the A-share listed company Chongqing Changan Automobile Co., Ltd. (hereinafter referred to as "Changan Automobile", 000625) also issued a related announcement.
On the evening of July 29, Changan Automobile (000625) announced that on July 27, China North Industries Group Corporation (hereinafter referred to as "Norin Group") and China Changan Automobile Group signed the "China North Industries Group Corporation Separation Agreement." According to the agreement, the 14.23% stake in Changan Automobile directly held by North Industries Group and 100% of the equity of Chenzhi Automobile Technology Group Co., Ltd. (hereinafter referred to as "Chenzhi Group") before the separation will be spun off to China Changan Automobile Group.
At the same time, the announcement stated that the separation does not involve payment of price.
After the change, China Changan Automobile Group will hold 14.23% of Changan Automobile's shares, and indirectly hold 20.81% of Changan Automobile's shares through Chenzhi Group and Zhonghui Futong Investment Co., Ltd., with a total shareholding of 35.04%, becoming the indirect controlling shareholder of Changan Automobile.
The China North Industries Group Corporation no longer directly holds shares in Changan Automobile, but still indirectly holds 4.65% of Changan Automobile's shares through Southern Assets and Southern Industries International Holdings (Hong Kong) Co., Ltd.
The announcement emphasized that after the completion of this acquisition, Changan Automobile's indirect controlling shareholder will be changed to China Changan Automobile Group, and the actual controller will still be the State-owned Assets Supervision and Administration Commission of the State Council.
Equity control structure of the listed company after this acquisition
According to the WeChat public account "Chongqing Release", the founding ceremony of China Changan Automobile Group Co., Ltd. was held in Chongqing on the morning of July 29.
Zhang Yuzhuo, Secretary of the Party Committee and Director of the State-owned Assets Supervision and Administration Commission of the State Council, noted at the meeting that the establishment of China Changan Automobile Group is a key initiative, based on the overall development of my country's new energy vehicle industry and accelerating the country's development into an automotive powerhouse. Embarking on a new journey, China Changan Automobile must uphold the philosophy of "striving for excellence and setting an example," striving to become a leading intelligent, connected, and new energy vehicle company with advanced strategies, leading innovations, efficient governance, and outstanding functionality.
The position adjustment announcement released by the State-owned Assets Supervision and Administration Commission of the State Council shows that Zhu Huarong is appointed as the Party Secretary and Chairman of China Changan Automobile Group Co., Ltd.; Zhao Fei is appointed as the Deputy Party Secretary and Director of China Changan Automobile Group Co., Ltd., and is nominated as the candidate for General Manager of China Changan Automobile Group Co., Ltd.; Tan Benhong is appointed as the Deputy Party Secretary and Director of China Changan Automobile Group Co., Ltd.; Jia Lishan, Deng Wei and Deng Yueming are appointed as members of the Standing Committee of the Party Committee of China Changan Automobile Group Co., Ltd., and are nominated as candidates for Deputy General Manager of China Changan Automobile Group Co., Ltd.; Wang Kun is appointed as a member of the Standing Committee of the Party Committee of China Changan Automobile Group Co., Ltd., and is nominated as a candidate for Chief Accountant of China Changan Automobile Group Co., Ltd.; Pu Xingchuan is appointed as a member of the Standing Committee of the Party Committee of China Changan Automobile Group Co., Ltd., and is nominated as a candidate for Deputy General Manager of China Changan Automobile Group Co., Ltd.
Zhu Huarong, Secretary of the Party Committee and Chairman of China Changan Automobile Group Co., Ltd., said that China Changan Automobile will continue to build the three major brands of Avita, Deep Blue and Changan, deepen cooperation between the central government and local governments, drive the development of the western region, and have the obligation to become the main force in Chongqing's construction of the "33618" modern manufacturing cluster system and the creation of a capital of intelligent networked new energy vehicles, and contribute Changan's strength to Chongqing's efforts to build an important strategic fulcrum for the great development of the western region in the new era.
