Changan Automobile made a public announcement stating that it intends to issue stocks to a select group of investors, aiming to raise a total capital of no more than 6 billion yuan (inclusive). After deducting the costs associated with the issuance, the net proceeds from this fundraising effort will be earmarked for several key projects. These include the research and development of new energy vehicle models, the establishment of a digital intelligence platform, the construction of a global research and development hub, and the bolstering of the company's core competencies.

Before the actual receipt of the raised funds, Changan Automobile will leverage its own financial resources to make preliminary investments, ensuring that project timelines remain on track. Subsequently, once the raised funds become available, they will be utilized to replace the initial investments, in strict adherence to the pertinent regulatory guidelines and procedures.