Establishment of China Changan Automobile Group Co., Ltd. with 20 Billion Yuan in Registered Capital
2025-07-29 / Read about 0 minute
Author:小编   

On July 27, 2025, China Changan Automobile Group Co., Ltd. was officially registered and established in Chongqing, boasting a substantial registered capital of 20 billion yuan. Zhu Huarong has been appointed as the legal representative of the company. Prior to this, the automotive division of China South Industries Group Corporation was spun off into an autonomous central enterprise, with the State-owned Assets Supervision and Administration Commission of the State Council of China serving as the contributor. The formation of this new entity signifies a more precise industrial positioning for Changan Automobile within the state-owned asset system, enabling it to concentrate on its core business and fortify its competitive edge.