Chongqing Changan Automobile
Company Limited
2026 Semi-Annual Report
August 2026
Chapter 1 Important Notices, Contents, and Definitions
1. The Board of Directors (or the “Board”), the Supervisory Board as well as the directors,
supervisors and senior managers of Chongqing Changan Automobile Co., Ltd. hereby guarantee the
factuality, accuracy and completeness of the contents of this Report and its summary, and shall be
jointly and severally liable for any misrepresentations, misleading statements or material omissions
therein.
2. Zhu Huarong, the Company’s legal representative, Ni Erke, the Company’s Chief Financial
Officer and Shi Haifeng, the person-in-charge of the accounting organ hereby guarantee that the
financial statements carried in this Report are factual, accurate and complete.
3. Except the following directors, all the directors have attended the board meeting for reviewing
this Report.
Name of the directors Positions Reasons for the absence Name of the Trustees
absent
Yang Xinmin Independent director Reason for work Tang Guliang
4. Any prospective description such as future business plans and development strategies in this
Report shall not be considered as the Company’s commitment to investors. Investors and relevant
persons shall be sufficiently mindful of risks, and undertake the difference in plans, predictions and
commitment.
5. Chapter III “Management Discussion and Analysis” of this Report describes the possible risks
and countermeasures of the Company, and investors shall pay attention to the relevant content.
6.The company plans not to distribute cash dividends, not to issue bonus shares, and not to increase
share capital by capitalizing capital reserves.
This Report has been prepared in both Chinese and English. Should there be any discrepancies or
misunderstandings between the two versions, the Chinese version shall prevail.
CONTENTS
Chapter 1 Important Notices, Contents, and Definitions......1
Chapter 2 Company Profile and Key Financial Indexes...... 4
Chapter 3 Management Discussion andAnalysis......7
Chapter 4 Corporate Governance, Environmental, and Social Responsibility......24
Chapter 5 Important Matters......31
Chapter 6 Share Changes and Shareholder Information...... 37
Chapter 7 Bonds......43
Chapter 8 Financial Report...... 46
Directory of Reference Documents
I. Financial statements carrying the signatures and seals of the Company’s legal representative, the Chief Financial
Officer, and the person-in-charge of the accounting organ.
Ⅱ. During the reporting period, the original copies of all company documents and announcements publicly
disclosed by the Company in China Securities Journal, Securities Times, Securities Daily, Shanghai Securities
News, and Hong Kong Commercial Daily.
Definitions
Items Definitions
Changan Auto, Changan Refers to Chongqing ChanganAutomobile Co., Ltd.
Automobile, the Company
Deepal Auto Refers to DeepalAutomotive Technology Co., Ltd., a subsidiary company of the Company.
Changan Kaicheng Refers to Chongqing Changan Kaicheng Automotive Technology Co., Ltd., a subsidiary of the
company.
Changan Ford Refers to Changan FordAutomobile Co., Ltd., a joint venture of the company.
Changan Mazda Refers to Changan MazdaAutomobile Co., Ltd., a joint venture of the company.
Avatr Refers to Avatr Technology (Chongqing) Co., Ltd., an associate company of the firm.
Chapter 2 Company Profile and Key Financial Indexes
I. Company Profile
StockAbbreviation ChanganAutomobile, Changan B Stock ticker symbol 000625, 200625
Stock listed stock exchange Shenzhen Stock Exchange
The company's Chinese name 重庆长安汽车股份有限公司
Company abbreviation in 长安汽车
Chinese name
Company