Changan Automobile will face multiple challenges in 2022 such as chip shortages and high temperature power rationing, but it will rise against the trend. Sales soared to 23460,000 units, a year-on-year increase of 2%, and net profit soared by 11952 per cent, up to 779.8 billion yuan.
Under the promotion of new energy, intelligence, internationalization and other strategies, Changan Automobile not only maintains a competitive advantage in the traditional market, but also makes significant breakthroughs in the new energy and international markets. According to the data, the sales of Changan's Chinese brand passenger cars increased by 1546%, and the sales of new energy soared by 1605%。The overseas market has shown explosive growth and has become a new bright spot for Changan Automobile.
In the first quarter of 2023, Changan Automobile maintained a strong momentum, with cumulative sales of 60780,000 units, sales of Chinese brand passenger cars increased by 9% year-on-year01%, the cumulative sales of Chinese brand new energy soared by 10540%。
China's auto market is undergoing great changes, and the rise of Chinese brands is unstoppable. The retail sales of self-owned brands reached 790,000 units, a year-on-year increase of 63%, and the domestic retail share was 482%, brilliant brand new. China's auto market is changing from a "six-point world" to a dominance of Chinese brands.
Changan Automobile has achieved remarkable results in terms of profitability, scale and sustainable development.
Performance. The growth rate of corporate profits is greater than the growth rate of revenue, and it is a good achievement. Changan Automobile's investment in new energy, intelligence, and software fields has been further improved, which has promoted the company's innovation capabilities.
Not only that, Changan Automobile is moving forward at full speed to become a world-class brand. Driven by the new energy strategy, the new digital pure electric brand Deep Blue Automobile exploded. The company leads the industry in the field of intelligent driving, and has also established Changan Technology Co., Ltd. to comprehensively promote the most integrated vehicle architecture - SDA. In terms of internationalization, Changan Automobile's "Embrace All Rivers" plan has become more and more ambitious, and the layout of the five regional markets in Europe, the Americas, the Middle East and Africa, the Asia-Pacific and the CIS has been accelerated.
In short, Changan Automobile is full of innovation vitality and is ushering in the first moment of a world-class brand. Whether it is soaring sales or new energy innovation, Changan Automobile has demonstrated the domineering spirit of the rise of China's automobile industry with a strong attitude. We look forward to continuing to maintain the pace of innovation in the next three years and moving towards the goal of becoming a world-class automobile brand at full speed