China Changan Automobile Group Co., Ltd. (abbreviated as "China Changan") was established on December 26, 2005, positioned as the group's specialized management platform for complete vehicles and parts. In 2018, in accordance with the group's strategic adjustment, China Changan, based on its new positioning, focused on developing four major business segments: auto parts, sales and services, logistics, and equity investment. By 2021, it held controlling stakes, minority stakes, and managed 24 enterprises on behalf of others (including 5 listed companies), with 105 enterprises at all levels and over 30,000 employees.
To achieve industrial upgrading and breakthroughs in the chassis system sector within the parts field, the China Changan Chongqing Chassis System Branch was established on November 15, 2021, to coordinate the advantageous resources of its subordinate enterprises in drive axles, suspension and modules, shock absorbers, and brake systems. Through approaches such as vehicle-parts collaboration, deep customer cultivation, efficient management, and resource introduction, it aims to industrialize line-controlled chassis product technology, consolidate existing businesses, develop line-control technology, and expand chassis integration, ultimately building China Changan Electric Intelligent Chassis System Technology Company that masters core technologies in line-controlled chassis and chassis integration. By the end of 2023, the chassis system business sales scale is expected to reach 1 billion yuan, with an R&D team size of 300 people. By 2025, the sales scale is expected to reach 3 billion yuan, with an R&D team size of 600 people.
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