Chang'an Automobile: Indirect controlling shareholder China Chang'an Automobile completes the registration of transfer of ownership and increases its shareholding to 35.04%.

date
04/11/2025
Changan Automobile announced that its indirectly controlled shareholder China Ordnance Equipment Group Limited has implemented a corporate separation, resulting in the establishment of China Ordnance Equipment Group Limited and China Changan Automobile Group Limited. Prior to the separation, the 14.23% stake in Changan Automobile held by the Ordnance Equipment Group has been transferred to China Changan Automobile. Recently, the relevant shares have completed the transfer registration procedures, with the transfer date set for November 3, 2025. After the transfer, China Changan Automobile directly and indirectly holds a total of 35.04% of Changan Automobile's shares, becoming the company's indirectly controlling shareholder. This separation will not have a major impact on the company's normal production and operation activities, nor will it harm the interests of the company and small and medium-sized shareholders.