On November 10, Chongqing Changan Technology Co., Ltd. officially changed its name to Tianshu Technology (Chongqing) Co., Ltd. Tianshu Technology serves as the implementation entity for Changan Automobile's intelligentization investments. Under the plan, Changan will invest 200 billion yuan in the new automotive sector over the next decade, with cumulative investment in the new automotive technology industrial chain centered on Tianshu Technology exceeding 150 billion yuan. Sources within Tianshu Technology revealed that Tianshu Pilot Navigation has currently only achieved mass-production deployment on "Changan series" models. Some analysts suggest that the rebranding and the shift in the capital increase approach—from internal capital injection to "strategic investor introduction"—are intended to facilitate an independent IPO. In response, Changan Automobile stated that Tianshu Technology currently has no IPO plans and will continue to develop independently, focusing on Tianshu Pilot Navigation intelligent assisted driving.
