Chongqing Changan Automobile Co., Ltd. Summary of 2020 Semi-annual Report
Stock Code：000625、200625 Stock abbreviation：Changan Automobile 、Changan B Bulletin No.：2020-77
Chongqing Changan Automobile Co., Ltd.
Summary of 2020 Semi-Annual Report
I、Important Notice
This summary comes from the 2020 semi-annual report. If investors want to understand the Company's operating results, financial
condition and future development plans, they should carefully read the semi-annual report published on the Shenzhen Stock
Exchange and other sites assigned by China Securities Regulatory Commission.
Statement of Objections of Directors, supervisors and senior management
□ Applicable √ Not applicable
All the directors attended the board meeting for reviewing the semi-annual report.
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 doesn't have the plan of the cash dividends, the bonus shares, and the transference of the common reserve fund.
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 Lijun
No. 260, East Jianxin Road, Jiangbei
Contact address
District, Chongqing
TEL: 023-67594008
FAX: 023-67866055
E-mail address cazqc@changan.com.cn
2. Major accounting data and financial indicators
Does the company conduct the retrospective adjustment or restatement over previous years accounting data due to changes of
accounting policies or accounting errors?
□ Yes √ No
Increase/decrease
Report period Same period of last year
y-o-y (%)
Operating revenue (Yuan) 32,781,657,479.10 29,875,780,096.84 9.73%
Net profit belonging to shareholders of 2,602,166,402.68 -2,240,039,761.11 216.17%
the listed company (Yuan)
Net profit belonging to shareholders of
the listed company after deduction of -2,616,888,301.47 -2,911,767,596.44 10.13%
non-recurring profit and loss (Yuan)
Net cash flow arising from operating 6,912,586,693.60 4,220,263,630.95 63.80%
activities (Yuan)
Chongqing Changan Automobile Co., Ltd. Summary of 2020 Semi-annual Report
Basic earnings per share (Yuan/Share) 0.54 -0.47 215.28%
Diluted earnings per share (Yuan/Share) Not applicable Not applicable Not applicable
Return on equity (ROE) (%) 5.74% -4.97% Up 10.71 points
Increase/decrease
Report period Same period of last year
y-o-y (%)
Total assets (Yuan) 102,801,758,302.93 97,617,053,590.38 5.31%
Net assets attributable to shareholder of
46,668,569,340.78 44,028,312,743.66 6.00%
the listed company (Yuan)
3. Shareholding and shareholders of the company
Unit: one share
At the end of the report period,
At the end of the report period, the
136,260 the total number of preferred 0
total number of shareholders
shareholders
Holding more than 5% of the shareholders, or top 10 shareholders situation
Percentage Increases and Non-circulat Pledged/ Frozen cases
Nature of of total Shares held at Circulated
decreases ed shares
Name of shareholders Shareholde shares shares held at amoun
the year-end during the held at the
rs the year-end Share status t
（%） report period year-end
State-owned
China South Industries Group No pledge or
legal person 20.84% 1,001,080,085 -34,232,588 - -
Co., Ltd. shares freeze
China Changan Automobile Co., State-owned No pledge or
legal person 19.32% 928,044,946 - - -
Ltd. shares freeze
domestic
No pledge or
China securities finance Co, Ltd general legal 4.88% 234,265,333 - - -
person shares freeze
foreign legal
Hong Kong Central Settlement
person 4.05% 194,470,755 76,774,027
Co., Ltd. shares.
United Prosperity Investment foreign legal No pledge or
person shares
3.21% 154,120,237 - - -
Co., Limited freeze
domestic
No pledge or
Central Huijin Investment Ltd. general legal 1.15% 55,393,100 - - -
person shares freeze
DRAGON BILLION SELECT foreign legal No pledge or
person shares
0.76% 36,547,305 -1,459,431 - -
MASTER FUND freeze
foreign legal - - No pledge or
GIC PRIVATE LIMITED person shares
0.73% 35,283,393 -
freeze
State-owned - - No pledge or
China Power Investment
legal person 0.71% 34,232,588 34,232,588
Holdings Co., Ltd. shares freeze
CAPE ANN GLOBAL - - No pledge or
foreign legal
DEVELOPING MARKETS person shares
0.51% 24,423,660 2,572,535
freeze
FUND
Among the top 10 shareholders, China South Industries Group Co., Ltd., the actual controller; China Changan
Explanation on the relationship and the Automobile Group Co., Ltd., the controlling shareholder, and its wholly owned subsidiary United Prosperity
action alike of above shareholders (Hong Kong) Investment Co., Limited. belong to the concerted actor regulated by “Disclosure Administration of
Shares Change Information of The Listed Company”.
4. The change of the controlling shareholders and the actual controllers
During the reporting period the change of controlling shareholders
□ Applicable √ Not applicable
No changes in controlling shareholders during the reporting period.
The change of the actual controllers during the reporting period
Chongqing Changan Automobile Co., Ltd. Summary of 2020 Semi-annual Report
□ Applicable √ Not applicable
No changes in the actual controllers 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. Corporate Bonds
Is there a corporate bond that is publicly issued and listed on the stock exchange and fails to be fully paid up or not due on maturity
until the approval of the semi-annual report ?
□ Yes √ No
III、Management Discussion and Analysis
1. Business briefing in reporting period
Does the Company need to comply with the disclosure requirements of special industry
□ Yes √ No
During the reporting period, the company's main business is the R&D, manufacturing and sale of cars, the R&D and production
of automobile engine products. Besides, the company integrates advantageous resources to actively develop travel services, new
retail and carry out multi-dimensional industrial layout.
Changan automobile always adheres to the mission of "leading the car civilization for the benefit of human life", and the
concept of "energy conservation, environmental protection, scientific and technological intelligence", vigorously develops new
energy and smart cars, guides the automobile civilization by the use of scientific and technological innovation, and provides
customers with high quality products and services. After years of development, the company's vehicle segment mainly includes
Changan Passenger car, Changan Oushang, Changan Kaicheng, and joint ventures/joint companies Changan Ford and Changan
Mazda. Up to now, the company has successfully launched a series of classic brands such as CS series, Eado series, UNI sequence,
Oushang series and Shenqi Series; a series of famous JV products such as all new Focus, Escort, Escape, Edge, Explorer, Corsair,
Axela, CX-5, CX-8, CX-30 and so on. At the same time, we have launched new energy vehicles such as CS55 E-Rock, Eado EV,
new Benben EV and CS15EV, which are admired by the market and loved by the consumers.
2. Matters related to financial reporting
(1) Explanation about the change that compared with last year's financial statements, accounting policies,
accounting estimate and accounting methods
√Applicable □ Not applicable
For details, please refer to "Note 33 the Change of Important Accounting Policies and Accounting Estimates" of “Section 5 Important
Accounting Policies and Accounting Estimates” in the "Company's 2020 Semi-annual Report.
(2) During the reporting period, big accounting errors correction and the need for retrospective
restatement
□ Applicable √ Not applicable
During the reporting period the company did not have any tracing restatement due to the significant accounting error.
(3) Compared with last year's financial report, the explanation for the scope change of consolidated report
√ Applicable □ Not applicable
During the reporting period, Changan Automobile established a wholly-owned subsidiary, Chongqing Changan Automobile Software
Technology Co., Ltd., and acquired Changan Weilai New Energy Automobile Technology Co., Ltd., and the two companies were
included in the scope of the consolidated statement. Chongqing Changan New Energy Automobile Technology Co., Ltd. introduced
strategic investors. The company lost control and its shareholding ratio was reduced to 48.96%. It was no longer included in the
scope of consolidation, and subsequent measurement was carried out according to the equity method.
Board of Directors of
Chongqing Changan Automobile Co., Ltd.
31 Aug., 2020
