Changan Automobile was surveyed by 11 institutions: Changan Qiyuan launched 10 new digital intelligence evolution new car products, and will also launch 6 dark blue cars and 4 avita models, a total of

  () On September 26, the record form of investor relations activities was released. The company was surveyed by 11 institutions on September 26, 2023. The types of institutions are insurance companies, other, fund companies, securities companies, and sunshine private equity institutions. The main content of investor relations activities is introduced:

  Q: What is the company’s transformation path to an intelligent low-carbon travel technology company?

  Answer: The first is to deepen the implementation of the new energy "Shangri-La" plan. In the future, we will rapidly promote the development of the new energy sector. In 2025, the sales volume of new energy will reach 1.20 million, and Changan Chinese brands will launch 27 new new energy products. Among them, Changan Qiyuan will launch 10 new digital intelligence evolution new car products. At the same time, it will also launch 6 dark blue cars and 4 avita models, a total of more than 20 blockbuster products. The second is to continue to promote the intelligent "Beidou Tianshu" plan. The era of "digital intelligence new car" has arrived. The company will make every effort to mass-produce new technologies, and focus on the SDA platform architecture to realize the world’s first industrialized central + regional ring network architecture development and model loading. The SDA platform and the "new car" that will be mass-produced have been released at the 3rd Science and Technology Ecology Conference of Changan Automobile on September 4. The third is to accelerate the overseas "inclusion of all rivers" plan. The company is accelerating the layout of five regional markets in Europe, America, the Middle East and Africa, Asia-Pacific, and the Commonwealth of Independent States. Before 2024, it will complete the entry of South East Asia and Europe’s two key regional markets; in 2025, it will launch no less than 30 global products; in 2030, the annual sales of Changan Automobile in overseas markets will strive to break through 1.20 million vehicles, making Changan Automobile a world-class car brand.

  Q: What is the market performance of Avita 11 Hongmeng Edition after its launch?

  A: On September 11, 2023, the Avita 11 Hongmeng Edition was delivered simultaneously in five cities: Chongqing, Shanghai, Beijing, Shenzhen and Guangzhou, accelerating the travel experience of "smart and beautiful" for users. The Avita Hongmeng Edition is equipped with two smart aces: the deeply customized Hongmeng cockpit and Huawei’s high-end smart driving system ADS2.0 as standard. After 7 days on the market, the order of Dading exceeded 5,000 units, and it continued to lead in the increasingly competitive high-end SEV track, further solidifying its benchmark position in the 300,000-class luxury pure electric market.

  Q: What are the competitive advantages of the company’s newly released SL03?

  Answer: Deep Blue Super Range Extension technology has four core values of pure electric drive, long battery life, low energy consumption, and true safety. The first is pure electric drive. Based on the dynamic design of howling frequency conversion active control, NVH intelligent balance strategy, engine non-inductive start strategy, and low torsional vibration structure design under full working conditions, it realizes the perfect balance of NVH, power, and economy, allowing users to perfectly experience the driving pleasure of non-inductive start, stealth operation, and pure electric drive of the global range extension system. Secondly, long battery life. Under CLTC conditions, the SL03 has an ultra-long pure electric range of 200km and an ultra-long comprehensive range of 1200km, which can realize the comprehensive use experience of pure electric in urban areas, long-distance range expansion, ultra-long battery life, and ultra-low cost. SL03 also added 135km pure electric battery life and 1140km comprehensive battery life models to provide users with more diverse choices. The third is low energy consumption. Through technologies such as high compression ratio depth Atkinson cycle, the SL03 range extension system generates 3.3 kWh of fuel in 1L, and the feed fuel consumption is as low as 4.4L/100km. Daily commuting, 200km ultra-long pure electric battery life to achieve zero fuel consumption and zero carbon emissions; long-distance travel, ultra-low fuel consumption brings ultra-low cost and ultra-low emissions. The fourth is true safety. Based on the three major technology group innovations of battery life development, whole package life control, and full life cycle SOX health management, as well as the innovation of five technology groups such as battery intrinsic safety design and assembly passive safety development, super range extension has successfully achieved leading battery attenuation and safety control. Thanks for your attention.

  Q: What is Qiyuan’s future product rhythm and sales plan?

  Answer: Changan Qiyuan focuses on the brand sequence positioning of "Digital Intelligence Evolution New Car". Through the popular product matrix with "Digital Intelligence Evolution" characteristics, leading core technologies, comfortable and pleasant smart services, and continuous resource investment, it will achieve the sales target of more than 1.50 million vehicles by 2030. By 2025, Changan Qiyuan will launch 10 new Digital Intelligence Evolution new car products globally. The A + Q series will launch 7 products before 2025, and the first product A07 will be launched in 2023. At the same time, the "high-intelligence and cost-effective boutique series products" A05, A06 and Q05 will be launched during the year. From 2024 to 2025, 3 new products will be launched, equipped with the latest SDA central ring network architecture, to achieve the continuous evolution of "Digital Intelligence" characteristics. The E0 series focuses on "new cars, new ecology", and creates a cutting-edge and user-satisfying product experience through platform-based products and service-based capabilities. The first model, the CD701, will be launched in 2024. In the future, the E0 series will further improve the product lineage and cover a larger market through horizontal expansion of categories + vertical depth.

  Q: How does the company’s SDA architecture empower new vehicles?

  Answer: The new generation of consumers has diverse living needs, diverse scenarios, and changing roles, so it puts forward higher requirements for new cars in terms of the purpose of the car, the experience of using the car, and the service of the car. The traditional automotive architecture is a distributed electronic and electrical architecture, which can no longer adapt to massive data communication processing and high-speed iterative application scenarios. The SDA architecture allows cars to be upgraded from mobile machines to intelligent car robots, enabling the concept of "software-defined cars" to be realized. Realize "layered decoupling" and replace the traditional "distributed, decentralized, and function-based" architecture through a "centralized computing, layered + decentralized, and service-based" minimalist architecture. Innovation builds a centralized electronic and electrical architecture, a service-oriented software architecture, and a standardized and abstract hardware architecture to fully support the needs of new vehicles for wide control, strong communication, and continuous iterative upgrades. With better experience and higher efficiency, it empowers the creation of new models in Changan. The SDA architecture relies on advanced on-board sensors, controllers, actuators and other devices, integrates modern communication and network technologies, realizes intelligent information exchange and sharing between vehicles and people, roads, and clouds, and realizes safe, comfortable, energy-saving, and efficient driving. It also runs through the needs of users in all scenarios such as work, family, travel, and entertainment, so that new cars can become users’ smart partners and provide thoughtful and considerate services. With the new trend of technological modernization, Changan Automobile will create a new digital and intelligent track with the new achievements of digital intelligence, and join hands with global partners to participate in the grand event with the concept of openness, cooperation and sharing, and jointly open a new era of "digital intelligence new car";

  The details of the participating institutions are as follows:

Participating unit name Participating unit category Participants’ names Chang’an Fund fund company So — yeah. CITIC Jiantou Securities company So — yeah. Guolian Securities Securities company So — yeah. GF Securities Securities company So — yeah. Southwest Securities Securities company So — yeah. CCB Fund Sunshine Private Equity So — yeah. Jiangsu Ruihua Sunshine Private Equity So — yeah. ZhongAn Insurance insurance company So — yeah. China Merchants Bank Research Institute other So — yeah. Xinhua pension other So — yeah. Cedar Assets other So — yeah.