Chongqing Changan Automobile Company Limited 2023 Semi-Annual Report
Chongqing ChanganAutomobile
Company Limited
2023 Semi-Annual Report
August 2023
Chongqing Changan Automobile Company Limited 2023 Semi-Annual Report
Chapter 1 Important Notice, Contents, and Definitions
1.TheBoard ofDirectors (orthe“Board”),theSupervisoryBoard as well as thedirectors,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, Zhang Deyong, the Company’s Chief Financial
Officer and Chen Jianfeng, the person-in-charge of the accounting organ hereby guarantee that the
financial statements carried in this Report are factual, accurate and complete.
3.All the directors have attended the board meeting for reviewing this Report.
4.Anyprospectivedescription suchas futurebusiness plans anddevelopment strategies inthis 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 andAnalysis” of this Report describes the possible risks and
countermeasures of the Company, and investors shall pay attention to the relevant content.
6. For the first half of 2023, the Companyhas no plans of cash dividend, no bonus shares and no share
converted from capital reserve.
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.
Chongqing Changan Automobile Company Limited 2023 Semi-Annual Report
CONTENTS
Chapter 1 Important Notice, Contents, and Definitions ......1
Chapter 2 Company Profile and Main Financial Indexes......4
Chapter 3 Management Discussion andAnalysis......8
Chapter 4 Corporate Governance......26
Chapter 5 Environment and Social Responsibility......29
Chapter 6 Important Matters......42
Chapter 7 Changes in the Shareholding of the Company and Shareholders ......47
Chapter 8 Preferred Shares ......53
Chapter 9 Bonds......54
Chapter 10 The Financial Statements ......56
Chongqing Changan Automobile Company Limited 2023 Semi-Annual Report
DocumentsAvailable for Reference
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 originalcopies of allcompanydocuments and announcements publiclydisclosed
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 Changan Automobile Co., Ltd.
Automobile, the Company
CSG Refers to China South Industries Group Corporation, the Company’s actual controller
China Changan Refers to China Changan Automobile Group Co., Ltd., formerly known as China South
IndustriesAutomobile Co., Ltd., a subsidiary company of CSG
Changan Industry Refers to Chongqing Changan Industry (Group) Co., Ltd., formerly known as Changan
Automobile (Group) Co., Ltd., a subsidiary company of CSG
Nanjing Changan Refers to Nanjing Changan Automobile Co., Ltd., a subsidiary company of the Company
Hebei Changan Refers to Hebei Changan Automobile Co., Ltd., a subsidiary company of the Company
Hefei Changan Refers to Hefei Changan Automobile Co., Ltd., a subsidiary company of the Company
Changan Bus Refers to Baoding Changan Bus Co., Ltd., a subsidiary company of the Company
KaichengAutomobile Refers to KaichengAutomobile Technology Co., Ltd., a subsidiary company of the Company
CIC Refers to Chongqing Changan Automobile International Sale Service Co., Ltd., a subsidiary
company of the Company
Changan Ford Refers to Changan Ford Automobile Co., Ltd., a JV of the Company
Changan Mazda Refers to Changan MazdaAutomobile Co., Ltd., a JV of the Company
CME Refers to Changan Mazda Engine Co., Ltd., a JV of the Company
Jiangling Holding Refers to Jiangling Holding Co., Ltd., an associate of the Company