Changan Automobile: The indirect major shareholder will be changed to a central enterprise of China Weapon Equipment Group's automobile business division.
Changan Automobile announcement, on June 4, 2025, the company received a notice from the China Weapon Equipment Group, which received a notice from the State-owned Assets Supervision and Administration Commission of the State Council. With the approval of the State Council, the China Weapon Equipment Group will be reorganized. Their automotive business will be established as an independent central enterprise, with the State-owned Assets Supervision and Administration Commission of the State Council fulfilling the responsibility of the investor. The State-owned Assets Supervision and Administration Commission will inject the equity of the reorganized China Weapon Equipment Group into China Ordnance Industry Group Co., Ltd. After this restructuring, the indirect controlling shareholder of our company will be changed to the central enterprise of the automotive business division, and the actual controller will remain unchanged.
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