Chongqing Changan Automobile Co Ltd

Changan Automobile presented its latest new energy vehicle models at the 41st Luanda International Fair (FILDA 2026) in Angola, underscoring its strategic push into African markets. The company displayed the DEEPAL S05, DEEPAL G318, CHANGAN CS75 PLUS, and the new CHANGAN UNI-S in a larger pavilion than in previous years, drawing significant visitor and partner interest. Changan’s participation reflects its Vast Ocean plan launched in 2023, which emphasizes long-term development, localized manufacturing, and a shift from product exports to an integrated global industrial operation. The automaker currently operates in 118 countries and regions, supported by 22 manufacturing bases and a global R&D team of 24,000 people across six countries. The Middle East and Africa represent one of five core strategic regions for Changan, where it is building a comprehensive customer support ecosystem spanning sales, service, after-sales, and spare parts.

Recently, institutional investors have been conducting intensive research on A-share listed companies in the automotive industry. From July 1 to 12 p.m. on August 5, a total of 39 companies received 61 rounds of research, with over 500 institutions participating. Among them, 30 are auto parts companies. Feilong Auto Parts, Lizhong Group, and Sailun Tire hosted 99, 65, and 53 institutions respectively. Overseas expansion and global layout were frequently mentioned. Lizhong Group's Mexican plant with an annual capacity of 3.6 million aluminum alloy wheels has entered full production. Sinotruk's export sales accounted for more than half of its total in the first half of the year. BAIC BluePark plans to start KD production layout in Southeast Asia in the second half of the year. In terms of new businesses, Zhaomin Technology has developed multiple new precision components for humanoid robots. Xiling Power's harmonic reducer production line has an annual capacity of about 100,000 units. Changan Automobile has accumulated over 5 million kilometers of testing for Level 3 autonomous driving. On August 4, the mandatory national standard 'Safety Requirements for Intelligent Connected Vehicle Automated Driving Systems' was released, and is planned to be implemented on July 1, 2027.

Changan Automobile disclosed that as of July 31, 2026, the company had cumulatively repurchased 176 million shares, accounting for 1.77821% of total share capital, with a total transaction amount of 897 million yuan. Among these, 66.39 million A-shares were repurchased for a total of 561 million yuan, and 110 million B-shares were repurchased for a total of 388 million Hong Kong dollars, equivalent to 336 million yuan. In the first quarter of 2026, Changan Automobile achieved revenue of 32.706 billion yuan and net profit attributable to the parent company of 351 million yuan.

Changan Automobile's application for a private placement of A-shares has been approved by the Shenzhen Stock Exchange. The company received a notice of opinion from the exchange's listing review center on July 22, stating that the review body believes the company meets the issuance conditions, listing conditions, and information disclosure requirements. The Shenzhen Stock Exchange will subsequently submit the matter to the China Securities Regulatory Commission for the relevant registration procedures.

Changan Automobile's indirect controlling shareholder, China Changan, plans to provide the company with a 900 million yuan entrusted loan for projects including the capacity building of the State Key Laboratory of Intelligent Vehicle Safety Technology, chip localization, intelligent driving end-to-end 1.0, and key technology research for new energy commercial vehicles. The company intends to sign an entrusted loan contract with China Changan and Industrial and Commercial Bank of China, with a loan amount of 900 million yuan, a term of 24 months, and an interest rate set at the one-year Loan Prime Rate minus 81 basis points, with interest accruing from the actual drawdown date.

Changan Automobile Chairman Zhu Huarong met with Thai Prime Minister Anutin Charnvirakul to reinforce the company's 'In Thailand, For Thailand' commitment. Since entering the Thai market in 2023, Changan has achieved cumulative sales of over 41,000 units, generated more than 1.6 billion baht in tax revenue, created over 1,900 local jobs with nearly 90% local employment, and launched 13 NEV models including the AVATR 07, CHANGAN DEEPAL S05, and CHANGAN NEVO Q05. Its Rayong plant, Changan's first overseas NEV production base built with an investment of approximately 9 billion baht, has begun producing the DEEPAL S05 and NEVO Q05 in Thailand and exporting to 18 countries including Indonesia, Singapore, and Australia. Changan targets annual sales in Thailand of over 70,000 units by 2030, ranking second among Chinese brands and fourth in the overall market, as part of its global strategy to become a top-ten automaker by 2030.

Asia Plus Securities research reports that four major Chinese technology and automotive companies are preparing to expand investments in Thailand worth a combined 70 billion baht this year, focusing on two future industries: AI and data center technology, where Innolight Technology and Eoptolink Technology will expand production bases for optical transceivers to support AI and cloud data center growth, and the electric vehicle industry, where Xiaomi Corporation is considering setting up an EV production base and research and development center in Thailand, while Changan Automobile is moving ahead with expanding production capacity from 100,000 to 200,000 units per year by 2030, along with establishing a regional headquarters and an EV R&D center. Stocks expected to benefit include industrial estate groups such as AMATA, WHA, ROJNA, and PIN; automotive groups such as AH, SAT, and STANLY; parts groups such as HANA, DELTA, KCE, and SMT; and energy groups such as GULF.

The Thai government has been conducting a roadshow in China, holding talks with four major companies: Changan Automobile, an electric vehicle manufacturer; Innolight Technology and Eoptolink Technology, producers of optical transceiver equipment for data centers and AI; and Xiaomi Corporation, a maker of smartphones and smart home appliances. The expected investment inflow into Thailand could reach as high as 70 billion baht. The BOI has also opened an office in Chengdu, which links the China-Laos-Thailand route, supporting the AMATA industrial estate and CP Group, which participated in the discussions. Meanwhile, WHA benefits from the data center business and the EV supply chain as production bases expand. However, it remains necessary to monitor the US Section 301 tariffs, which will impose a 12.5% levy on July 24, affecting seafood and processed food, though the impact on electronics is still unclear.

Asia Plus Securities, or ASPS, recommends investment strategies for volatile markets, focusing on Energy Hedge plays that benefit from oil prices and geopolitical risks, including PTTEP, BCP, TOP, and IVL, alongside safe-haven stocks. It highlights PTTEP, BCP, and MAGURO as top picks for Thai stocks, while for international exposure it favors BABA80 and SPENGY80. Additionally, it suggests SIRI, GULF, and GFPT as other interesting stocks. ASPS sees an opportunity to rotate investments from AI infrastructure plays to downstream users such as Apple, Meta, Alphabet, Xiaomi, and Alibaba. It also flags the AMD Advancing AI 2026 event on July 23 and the IPO of CXMT on July 27, which could drain liquidity and pressure memory chip prices. On the domestic positive side, the government has attracted over 70 billion baht in foreign direct investment from four major Chinese companies. In the EV sector, Xiaomi is setting up an R&D center and Changan is expanding production capacity to 200,000 units per year by 2030. In AI and data centers, Innolight and Eoptolink are preparing to expand factories in Thailand.

Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, disclosed that the roadshow in Chengdu led by the Prime Minister and the Minister of Interior exceeded expectations, with anticipated Chinese investment into Thailand reaching 70 billion baht. This comprises 50 billion baht for expanding existing investment bases and over 20 billion baht in new investment. A key factor is geopolitical tensions accelerating capital groups' relocation of production bases to ASEAN, with Thailand as a top target. One-on-one negotiations with four major Chinese companies in electric vehicles and advanced technology were led by Changan Automobile, which has chosen Thailand as its first right-hand-drive vehicle production base outside China and plans to expand capacity to 200,000 units per year, already bringing 40 Thai SMEs into its supply chain. Innolight Technology, a global leader in optical data transmission equipment, is set to expand its production base in Thailand, creating over 20,000 jobs and engaging in joint research with Thai universities involving more than 1,500 Thai engineers. Meanwhile, Eoptolink Technology, the world's second-largest in the same industry, has opened its first factory in Rayong and is expanding a second plant. Xiaomi Corporation, which holds the third-largest smartphone market share in Thailand, is in talks to use Thailand as a production base for smart home appliances, with the government highlighting Thailand's strengths in the smart electronics supply chain to serve regional markets and exports.

Changan Automobile has officially launched the second-generation CHANGAN UNI-S in Saudi Arabia, marking the model's second market introduction after South Africa as part of a strategic rollout across the Middle East and Africa region. The new UNI-S features upgrades in design, intelligence, comfort, and powertrain, including a 10.25-inch LCD instrument cluster, a 14.6-inch HD central touchscreen powered by the MediaTek 8675 chip, and a segment-exclusive Queen's Seat with zero-gravity positioning and 8-point massage. It also offers an all-new 4WD Terrain System with six driving modes and intelligent voice commands in English and Arabic. Changan has cumulative sales exceeding 500,000 vehicles across the Middle East and Africa and plans further GCC market entries in the coming months.

أبرمت شركة شانجان أوتوموبيل شراكة استراتيجية عالمية مع الاتحاد البرتغالي لكرة القدم لتصبح الشريك العالمي الرسمي لمنتخب البرتغال لكرة القدم. تهدف الشراكة إلى الاستفادة من حقوق الملكية الفكرية الرياضية العالمية لتعزيز حضور شانجان وشبكتها في أسواق منطقة الشرق الأوسط وإفريقيا، حيث يتمتع المنتخب البرتغالي بقاعدة جماهيرية واسعة. ستطلق شانجان سلسلة من المبادرات التسويقية المستوحاة من كرة القدم، تشمل عروض مشاهدة المباريات وبرامج مجتمعية وتجارب قيادة تفاعلية، لبناء روابط عاطفية مع المستهلكين المحليين. كما تقدم الشركة مجموعة متنوعة من السيارات المصممة خصيصًا لتناسب احتياجات المنطقة، مثل سيارة المغامرات شانجان جي 318 وسيارة ديبال إس 05 الرياضية متعددة الاستخدامات وسيارة يوني-إس الرياضية الذكية.

Chinese automakers including Chery, BYD, Lotus, and Changan are aggressively entering Canada despite a tiny import quota of 49,000 cars annually at a 6.1% tariff, rising to 70,000 over five years. BYD plans to open six dealerships this year and has started compliance procedures to import two passenger cars, while Chery held its first meetings with Canadian dealers in January and aims to launch sales in the fourth quarter. Lotus will open a half dozen dealerships to sell a few hundred cars, and Changan has a team working on a Canada launch. Industry experts say Canada serves as a practice run for the much larger US market, which is effectively closed to Chinese cars by steep tariffs and a connected-vehicle ban, because Canadian consumer tastes and regulations are nearly identical to those in the United States. The moves come amid a diplomatic rift between Canada and the US, with Prime Minister Mark Carney allowing limited Chinese EV imports while distancing the country from Washington.