StockCode：
000625(200625)Stockabbreviation：
ChanganAutomobile(ChanganB)BulletinNo.：
2025-50
ChongqingChanganAutomobileCompanyLimited
Summaryof2025Semi-AnnualReport
I、ImportantNotice
Thissummarycomesfromthe2025Semi-AnnualReport.IfinvestorswanttounderstandtheCompany'soperatingresults,financialconditionandfuturedevelopmentplans,theyshouldcarefullyreadtheannualreportpublishedontheShenzhenStockExchangeandothersitesassignedbyChinaSecuritiesRegulatoryCommission.Exceptthefollowingdirectors,allthedirectorsattendedtheboardmeetingforreviewingtheannualreport.
| Nameofthedirectorsabsent | Positions | Reasonsfortheabsence | NameoftheTrustees |
| JiaLishan | Director | Reasonforwork | ZhangDeyong |
| DengWei | Director | Reasonforwork | ZhangDeyong |
| ZhangYing | Independentdirector | Reasonforwork | TangGuliang |
Non-standardAuditOpinionNotice
□Applicable√NotapplicableThepreplanofprofitdistributionorreservecapitalizationdeliberatedbytheBoard
√Applicable□NotapplicableWhetherconvertingcapitalreserveintosharecapitalornot
□Yes√NoTheBoardhasapprovedafinaldividendplanasfollows:Basedon9,914,086,060shares,acashdividendofRMB0.50(taxincluded)per10sharesistobedistributedtoallshareholders,nobonussharesshallbedistributed,anddonotincreasethesharecapitalwithreservefund.ThepreplanprofitdistributionofpreferredshareholdingsapprovedbytheBoard
□Applicable√NotapplicableII、CompanyProfile
1.BasicInformation
| Stockabbreviation | ChanganAutomobile、ChanganB | StockCode | 000625、200625 | ||
| Listedon | ShenzhenStockExchange | ||||
| ContactPerson | SecretaryoftheBoardofDirectors | Securitiesaffairsrepresentative | |||
| Name | ZhangDeyong,LiJun | JieZhonghua | |||
| Contactaddress | BuildingT2,No.2,FinancialCity,No.61DongshengmenRoad,JiangbeiDistrict,Chongqing | BuildingT2,No.2,FinancialCity,No.61DongshengmenRoad,JiangbeiDistrict,Chongqing | |||
| FAX | 023-67870261 | 023-67870261 | |||
| TEL | 023-67594008 | 023-67594008 | |||
| E-mailaddress | cazqc@changan.com.cn | jiezh@changan.com.cn | |||
2.KeyAccountingDataandFinancialIndexes
DoestheCompanyneedtoretrospectivelyadjustorrestatetheaccountingdataofpreviousyears?
□Yes√No
| Thereportingperiod | Thesameperiodoflastyear | YoYchange(%) | |
| Operatingrevenue(RMB) | 72,691,310,387.08 | 76,722,649,723.79 | -5.25% |
| NetprofitattributabletoshareholdersoftheCompany(RMB) | 2,291,211,254.67 | 2,831,743,111.82 | -19.09% |
| Netprofitafterdeductionofnon-recurringgainsorlossesattributabletoshareholdersoftheCompany(RMB) | 1,476,706,514.95 | 1,168,680,056.87 | 26.36% |
| Netcashflowfromoperatingactivities(RMB) | -8,607,196,790.27 | 3,435,100,740.53 | -350.57% |
| Basicearningspershare(RMB/share) | 0.23 | 0.29 | -20.69% |
| Dilutedearningspershare(RMB/share) | 0.23 | 0.28 | -17.86% |
| WeightedaverageROE(%) | 3.00% | 3.94% | -0.94% |
| 30June2025 | 31December2024 | YoYchange(%) | |
| Totalassets(RMB) | 180,226,322,947.88 | 208,168,160,960.86 | -13.42% |
| NetassetsattributabletoshareholdersoftheCompany(RMB) | 76,042,424,523.91 | 76,576,224,624.99 | -0.70% |
3.Shareholdingandshareholdersofthecompany
Unit:share(s)
| Attheendofthereportperiod,thetotalnumberofshareholders | 619,151 | Attheendofthereportperiod,thetotalnumberofpreferredshareholders | 0 | |||||
| Top10shareholders(Excludingshareslentthroughrefinancing) | ||||||||
| Name | Nature | Ratio | Amountofsharesheld | Amountofrestrictedsharesheld | Pledge,markorfreezesituation | |||
| Status | Amount | |||||||
| ChenZhiAutomobileTechnologyGroupCo.,Ltd. | State-ownedlegalperson | 17.99% | 1,783,090,143 | NotApplicable | ||||
| ChinaSouthIndustriesGroupCo.,Ltd. | State-ownedlegalperson | 14.23% | 1,410,747,155 | |||||
| SouthernIndustryAssetManagementCo.,Ltd. | State-ownedlegalperson | 4.60% | 456,253,257 | |||||
| ChinaSecuritiesFinanceCo.,Ltd. | Domesticgenerallegalperson | 4.30% | 426,362,905 | |||||
| UnitedProsperityInvestmentCo.,Ltd. | Overseaslegalperson | 2.83% | 280,498,832 | |||||
| HongKongSecuritiesClearingCo.,Ltd. | Overseaslegalperson | 1.11% | 110,351,377 | |||||
| IndustrialandCommercialBankofChinaCo.,Ltd.-HuataiPinebridgeCSI300ETFSecuritiesInvestmentFund | Funds,propertyproducts,etc. | 0.89% | 88,377,426 | |||||
| ChinaConstructionBankCorporation-EFangdaShanghai-Shenzhen300TradingOpen-endedIndexInitiatedSecuritiesInvestmentFund | Funds,propertyproducts,etc. | 0.64% | 63,023,417 | |||||
| IndustrialandCommercialBankofChinaLimited-HuaxiaShanghai-Shenzhen300TradingOpen-endedIndexSecuritiesInvestmentFund | Funds,propertyproducts,etc. | 0.47% | 46,217,626 | |||||
| BankofChinaLimited-JiashiShanghai-Shenzhen300TradingOpen-endedIndexSecuritiesInvestmentFund | Funds,propertyproducts,etc. | 0.40% | 39,831,592 | |||||
| Explanationofaffiliatedrelationshipsorconcertedactionsoftheabovementionedshareholders | AsofJune30,2025,amongthetop10shareholders,theindirectcontrollingshareholderoftheCompany,ChinaSouthIndustriesGroupCo.,Ltd.anditswholly-ownedsubsidiaries,SouthernIndustryAssetManagementCo.,Ltd.,ChenzhiAutomobileTechnologyGroupCo.,Ltd.anditswholly-owned | |||||||
| subsidiaries,UnitedProsperityInvestmentCo.,Ltd.,arethepersonswhoactinconformitywiththeprovisionsoftheMeasuresfortheAdministrationofAcquisitionofListedCompanies. | |
| Descriptionofshareholdersinvolvedinmargintrading | None |
Participationofshareholdersholdingmorethan5%oftheshares,top10shareholders,andtop10shareholderswithunlimitedtradablesharesinthelendingofsharesthroughtherefinancingbusiness
□Applicable√NotapplicableThetop10shareholdersandtop10shareholdersofunrestrictedtradableshareshavechangedcomparedwiththepreviousperiodduetosecuritieslendingandborrowing.
□Applicable√Notapplicable
4.Thechangeofthecontrollingshareholdersandtheactualcontrollers
Duringthereportingperiodthechangeofcontrollingshareholders
□Applicable√Not-applicableNochangesincontrollingshareholdersduringthereportingperiod.Thechangeoftheactualcontrollersduringthereportingperiod
□Applicable√Not-applicableNochangesintheactualcontrollersduringthereportingperiod.
5.TotalnumberofPreferredShareholdersandtop10Preferredshareholders
□Applicable√NotapplicableNopreferredstockshareholdersduringthereportingperiod.
6.CorporateBonds
√Applicable□Notapplicable
(1)BasicInformationoftheCorporateBonds
Unit:10,000RMB
| BondName | Abbreviation | BondCode | Dateofissue | Maturity | Bondsbalance | Interestrate |
| ChongqingChanganAutomobileCo.,Ltd.publiclyissuedscienceandtechnologyinnovationcorporatebondstoprofessionalinvestorsin2022(PhaseI) | 22ChanganK1 | 148147.SZ | December19th,2022 | December20th,2027 | 100,000 | 3.00% |
(2)TheMajorAccountingDataandtheFinancialIndicatorsoftheRecent2YearsoftheCompanyasofthePeriod-end
Unit:10,000RMB
| Items | 30June2025 | 31December2024 |
| Debt/assetratio | 56.66% | 62.01% |
| Items | Thereportingperiod | Sameperiodlastyear |
| EBITDA-to-interestcover(times) | 137.48 | 127.78 |
III、ImportantMatters
WiththeapprovaloftheStateCouncil,ChinaSouthIndustriesGroupCo.,Ltd.implementedasurvivaldivision.ItsautomotivebusinesswasspunoffintothenewlyestablishedChinaChanganAutomobileGroupCo.,Ltd.Inaccordancewiththeprovisionsofthe“SeparationAgreementofChinaSouthIndustriesGroupCo.,Ltd.”,the14.23%sharesofChanganAutomobileandthe100%equityofChenzhiAutomobileTechnologyGroupCo.,Ltd.heldbyChinaSouthIndustriesGroupCo.,Ltd.beforetheseparationwerebothspunofftoChinaChanganAutomobileGroupCo.,Ltd.Afterthecompletionoftheseparation,ChinaChangan
AutomobileGroupCo.,Ltd.directlyandindirectlyholdsatotalof35.04%ofthesharesofChanganAutomobile,becomingtheindirectcontrollingshareholderofChanganAutomobile.Fordetails,pleaserefertothe“PromptAnnouncementontheReorganizationProgressofChinaSouthIndustriesGroupCo.,Ltd.andtheChangeoftheCompany'sControllingShareholder”(AnnouncementNo.:2025-42)disclosedbythecompanyonJuchaoInformationNetwork(www.cninfo.com.cn)onJuly29,2025.Legalrepresentative:ZhuHuarong
BoardofDirectorsofChongqingChanganAutomobileCo.,Ltd.
23August2025