On the evening of June 24th, Changan Automobile announced that it had received a notice from its controlling shareholder, China Changan Automobile Group Co., Ltd. (referred to as "China Changan Automobile Group"), to change its name from "China Changan Automobile Group Co., Ltd." to "Chenzhi Automobile Technology Group Co., Ltd." The relevant business registration procedures have been completed and a business license has been obtained.
Changan Automobile stated that the above-mentioned industrial and commercial changes do not involve changes in the number or proportion of shares held by the shareholder, and do not have an impact on corporate governance and production and operation activities. It will not lead to changes in the controlling shareholder and actual controller of the company. Changan Automobile announced that the registered capital of Chenzhi Automotive Technology Group Co., Ltd. is 6092273400 yuan. The company's business scope includes the design, development, manufacturing, and sales of automobiles, motorcycles, and automotive and motorcycle parts.
In addition, on June 5th of this year, Changan Automobile announced that it had received a notice from its indirect controlling shareholder China Ordnance Equipment Group Co., Ltd. (referred to as "Ordnance Equipment Group") that, with the approval of the State Council, Ordnance Equipment Group would implement a separation. Its automotive business is separated into an independent central enterprise, with the State owned Assets Supervision and Administration Commission of the State Council fulfilling the responsibilities of a shareholder; The State owned Assets Supervision and Administration Commission of the State Council will inject the equity of the separated Weapon Equipment Group as capital into China Ordnance Industry Group Co., Ltd. according to procedures. After this separation, the indirect controlling shareholder of our company will be changed to the central enterprise of the automotive business separation, and the actual controller has not changed.
