On the afternoon of October 16, Zhao Fei, the newly appointed Chairman of Changan Automobile (000625.SZ), stated at a media briefing that the domestic competitive landscape has entered a phase characterized by the Matthew effect and industry consolidation. During this phase, some competitors may engage in irrational behaviors, with their product and pricing strategies potentially deviating from market norms, which is not conducive to the normal and sustainable development of the market.
