Chongqing Changan Automobile Company Limited Summary of 2024 Semi-Annual Report
Stock Code：000625(200625) Stock abbreviation：Changan Automobile (Changan B) Bulletin No.：2024-49
Chongqing Changan Automobile Company Limited
Summary of 2024 Semi-Annual Report
I. Important Notice
This summary comes from the 2024 semi-annual report. If investors want to understand the Company's operating results, financial
condition and future development plans, they should carefully read the annual report published on the Shenzhen Stock Exchange and
other sites assigned by China Securities Regulatory Commission.
Except the following directors, all the directors have attended the board meeting for reviewing this Report.
Name of the directors absent Positions Reasons for the absence Name of the Trustees
Wang Jun Director Work reasons Zhu Huarong
Prompt of non-standard audit report
□ Applicable √ Not applicable
The preplan of profit distribution or reserve capitalization deliberated by the Board
□ Applicable √ Not applicable
The Company has no plans of cash dividend, no bonus shares and no share converted from capital reserve.
The preplan profit distribution of preferred shareholdings approved by the Board
□ Applicable √ Not applicable
II. Company Profile
1. Basic Information
Stock abbreviation Changan Automobile, Changan B Stock Code 000625, 200625
Listed on Shenzhen Stock Exchange
Contact Person Secretary of the Board of Directors Securities Affairs Representative
Name Zhang Deyong Jie Zhonghua
Building T2, No. 2, Financial City, No. 61 Building T2, No. 2, Financial City, No. 61
Contact address Dongshengmen Road, Jiangbei District, Dongshengmen Road, Jiangbei District,
Chongqing Chongqing
TEL 023-67594008 023-67594008
E-mail address cazqc@changan.com.cn jiezh@changan.com.cn
2. Major accounting data and financial indicators
Does the Company need to retrospectively adjust or restate the accounting data of previous years?
√ Yes □ No
Reason: Changes in accounting policies, Others
The reporting The same period of last year YoY change (%)
period Original Restated Restated
Operating revenue (RMB) 76,722,649,723.79 65,492,098,869.01 65,492,098,869.01 17.15%
Net profit attributable to
shareholders of the Company 2,831,743,111.82 7,652,979,346.80 7,652,979,346.80 -63.00%
(RMB)
Net profit after deduction of
non-recurring gains or losses
1,168,680,056.87 1,509,058,024.00 1,241,854,200.49 -5.89%
attributable to shareholders of
the Company(RMB)
Chongqing Changan Automobile Company Limited Summary of 2024 Semi-Annual Report
Net cash flow from operating
3,435,100,740.53 6,955,456,713.59 6,955,456,713.59 -50.61%
activities (RMB)
Basic earnings per share
0.29 0.78 0.78 -62.82%
(RMB/share)
Diluted earnings per share
0.28 0.76 0.76 -63.16%
(RMB/share)
Weighted average ROE (%) 3.94% 11.70% 11.70% -7.76%
31 December 2023 YoY change (%)
30 June 2024
Original Restated Restated
Total assets (RMB) 187,321,694,926.71 190,171,127,138.27 190,171,127,138.27 -1.50%
Net assets attributable to
shareholders of the Company 71,740,279,992.28 71,853,119,985.49 71,853,119,985.49 -0.16%
(RMB)
Explanation of Reasons for Accounting Policy Changes and Others:
(1) The Ministry of Finance released the "Compilation of Application Guidelines for Enterprise Accounting Standards 2024" in
March 2024, which stipulates that warranty fees should be included in operating costs. The company will implement this regulation
from January 1st, 2024, as detailed in the announcement on changes in accounting policies (Announcement No. 2024-52).
(2) Due to the implementation of Interpretation Announcement No. 1 on Information Disclosure of Companies that Offer
Securities to the Public - Non recurring Gains and Losses, adjustments have been made to the non recurring gains and losses of the
investee enjoyed by shares in the investment income accounted for using the equity method during comparable periods.
3. Shareholding and shareholders of the company
Unit: share(s)
At the end of the report period,
At the end of the report period, the total
608,321 the total number of preferred 0
number of shareholders
shareholders
Top 10 shareholders (Excluding shares lent through refinancing)
Pledge, mark or freeze
Amount of shares Amount of restricted situation
Name Nature Ratio
held shares held
Status Amount
China Changan Automobile Group Co., State-owned
17.98% 1,783,090,143
Ltd. legal person
State-owned
China South Industries Group Co., Ltd. 14.23% 1,410,747,155
legal person
Southern Industry Asset Management Co., State-owned
4.60% 456,253,257
Ltd. legal person
Domestic general
China Securities Finance Co., Ltd. 4.30% 426,362,905
legal person
Foreign legal
United Prosperity Investment Co., Ltd. 2.83% 280,498,832
person
Foreign legal Not Applicable
Hong Kong Securities Clearing Co., Ltd. 1.50% 148,626,405
person
Industrial and Commercial Bank of China Funds, wealth
Co., Ltd. - Huatai Pinebridge CSI 300 ETF management 0.59% 58,745,244
Securities Investment Fund products, etc
Domestic natural
Fang Wenyan 0.57% 56,989,500
persons
China Merchants Securities (Hong Kong) Foreign legal
0.49% 48,788,559
Limited person
China Construction Bank Corporation-E Funds, wealth
Fund CSI 300 ETF Originated Securities management 0.39% 38,820,336
Investment Fund products, etc
Among the top 10 shareholders, the actual controller China South Industries Group
Explanation on the relationship and the action alike of above Co., Ltd. and its wholly-owned subsidiary Southern Industry Asset Management
shareholders Co., Ltd., the controlling shareholder China Changan Automobile Group Co., Ltd.
and its wholly-owned subsidiary United Prosperity Investment Co., Ltd. are parties
acting in concert by “Measures for the Administration of Takeover of Listed
Chongqing Changan Automobile Company Limited Summary of 2024 Semi-Annual Report
Companies”.
In addition to holding 0 shares through the ordinary securities account, Fang
Wenyan, a shareholder, also holds 56,989,500 shares through the customer credit
Description of shareholders involved in margin trading
transaction guarantee securities account of Guotai Junan Securities Co., Ltd., and
actually holds a total of 56,989,500 shares.
Participation of shareholders holding more than 5% of the shares, top 10 shareholders, and top 10 shareholders with
unlimited tradable shares in the lending of shares through the refinancing business
√ Applicable □ Not applicable
Unit: share(s)
Participation of shareholders holding more than 5% of the shares, top 10 shareholders, and top 10 shareholders with unlimited tradable shares in
the lending of shares through the refinancing business
The shares lent at the At the end of the period,
Initial ordinary account Ordinary account and
beginning of the period the shares were loaned
and credit account credit account holdings at
were refinanced and have and have not been
holdings the end of the period
not been returned returned
Shareholder Name
Proportion Proportion Proportion Proportion
Total of total Total of total Total of total Total of total
quantity share quantity share quantity share quantity share
capital capital capital capital
Industrial and Co mmercial
Bank of Ch ina Co., Ltd. -
Huatai Pinebridge CSI 300 34,286,544 0.35% 2,795,700 0.03% 58,745,244 0.59% 0 0.00%
ETF Securities Investment
Fund
China Construction Bank
Corporation-E Fund CSI
12,687,836 0.13% 1,251,500 0.01% 38,820,336 0.39% 263,800 0.00%
300 ETF Originated
Securities Investment Fund
The top 10 shareholders changed from the previous period
□ Applicable √ Not applicable
4. The change of the controlling shareholders and the actual controllers
During the reporting period the change of controlling shareholders
□ Applicable √ Not applicable
During the reporting period, there was no change in the controlling shareholder of the company.
The change of the actual controllers during the reporting period
□ Applicable √ Not applicable
The actual controller of the company did not change during the reporting period.
5. Total number of Preferred Shareholders and top 10 Preferred shareholders
□ Applicable √ Not applicable
There are no preferred stock shareholders during the reporting period.
6. Status of bonds that existed on the approval date of the semi-annual report
√ Applicable □ Not applicable
(1) Basic Information of the Corporate Bonds
Bonds
Interest
Bond Name Abbreviation Bond Code Date of issue Maturity balance
rate
(10,000
Chongqing Changan Automobile Company Limited Summary of 2024 Semi-Annual Report
RMB)
Chongqing Changan
Automobile Co., Ltd.
publicly issued science
and technology 22 Changan December 19th, December 20th,
148147.SZ 100,000 3.00%
innovation corporate K1 2022 2027
bonds to professional
investors in 2022
( Phase I )
(2) Financial indicators as of the end of the reporting period
Unit: 10,000 RMB
Items The reporting period The same period of last year
Debt/asset ratio 60.49% 60.73%
Items 30 June 2023 31 December 2022
EBITDA interest coverage ratio 127.78 252.97
III. Important matters
None.
Legal representative: Zhu Huarong
Board of Directors of
Chongqing Changan Automobile Co., Ltd.
31 Aug., 2024
