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Changan automobile announces share buyback, strategic fund investment

October 24, 2025 at 05:23 PM UTCBy FilingReader AI

Chongqing Changan Automobile announced a capital reduction through the repurchase and cancellation of 1,161,948 restricted shares, as approved at an extraordinary general meeting on October 24, 2025. This action will decrease the company’s registered capital by yuan 1,161,948.

The company also reported its Q3 2025 financial results, with operating revenue of yuan 42,236,176,229.90 and net profit attributable to shareholders of yuan 764,004,922.30.

Changan Automobile plans to co-invest yuan 250 million in the Chongqing Changyu Xinyi Private Equity Investment Fund Partnership (Limited Partnership), which has a total committed capital of yuan 1.002 billion. The fund will focus on smart automotive industry chain projects, particularly in new energy and advanced manufacturing, aiming to secure supply chains and boost industry synergy.

These strategic decisions were approved by the board on October 24, 2025, and aim to optimize capital structure and pursue high-quality development in the new energy vehicle sector. A Q3 2025 earnings conference is scheduled for October 27, 2025, to provide investors with further details.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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