长安B：2024年半年度报告摘要(英文版)
Stock Code：000625(200625) Stock abbreviation：Changan Automobile (Changan B) Bulletin No.：2024-49
Chongqing Changan Automobile Company Limited
Summary of 2024 Semi-Annual ReportI. Important Notice
This summary comes from the 2024 semi-annual report. If investors want to understand the Company's operating results, financialcondition and future development plans, they should carefully read the annual report published on the Shenzhen Stock Exchange andother sites assigned by China Securities Regulatory Commission.Except the following directors, all the directors have attended the board meeting for reviewing this Report.
| Name of the directors absent | Positions | Reasons for the absence | Name of the Trustees |
| Wang Jun | Director | Work reasons | Zhu Huarong |
Prompt of non-standard audit report
□ Applicable √ Not applicable
The preplan of profit distribution or reserve capitalization deliberated by the Board
□ Applicable √ Not applicable
The Company has no plans of cash dividend, no bonus shares and no share converted from capital reserve.The preplan profit distribution of preferred shareholdings approved by the Board
□ Applicable √ Not applicable
II. Company Profile
1. Basic Information
| Stock abbreviation | Changan Automobile, Changan B | Stock Code | 000625, 200625 | ||
| Listed on | Shenzhen Stock Exchange | ||||
| Contact Person | Secretary of the Board of Directors | Securities Affairs Representative | |||
| Name | Zhang Deyong | Jie Zhonghua | |||
| Contact address | Building T2, No. 2, Financial City, No. 61 Dongshengmen Road, Jiangbei District, Chongqing | Building T2, No. 2, Financial City, No. 61 Dongshengmen Road, Jiangbei District, Chongqing | |||
| TEL | 023-67594008 | 023-67594008 | |||
| E-mail address | cazqc@changan.com.cn | jiezh@changan.com.cn | |||
2. Major accounting data and financial indicators
Does the Company need to retrospectively adjust or restate the accounting data of previous years?
√ Yes □ No
Reason: Changes in accounting policies, Others
| The reporting period | The same period of last year | YoY change (%) | ||
| Original | Restated | Restated | ||
| Operating revenue (RMB) | 76,722,649,723.79 | 65,492,098,869.01 | 65,492,098,869.01 | 17.15% |
| Net profit attributable to shareholders of the Company (RMB) | 2,831,743,111.82 | 7,652,979,346.80 | 7,652,979,346.80 | -63.00% |
| Net profit after deduction of non-recurring gains or losses attributable to shareholders of the Company(RMB) | 1,168,680,056.87 | 1,509,058,024.00 | 1,241,854,200.49 | -5.89% |
| Net cash flow from operating activities (RMB) | 3,435,100,740.53 | 6,955,456,713.59 | 6,955,456,713.59 | -50.61% |
| Basic earnings per share (RMB/share) | 0.29 | 0.78 | 0.78 | -62.82% |
| Diluted earnings per share (RMB/share) | 0.28 | 0.76 | 0.76 | -63.16% |
| Weighted average ROE (%) | 3.94% | 11.70% | 11.70% | -7.76% |
| 30 June 2024 | 31 December 2023 | YoY change (%) | ||
| Original | Restated | Restated | ||
| Total assets (RMB) | 187,321,694,926.71 | 190,171,127,138.27 | 190,171,127,138.27 | -1.50% |
| Net assets attributable to shareholders of the Company (RMB) | 71,740,279,992.28 | 71,853,119,985.49 | 71,853,119,985.49 | -0.16% |
Explanation of Reasons for Accounting Policy Changes and Others:
(1) The Ministry of Finance released the "Compilation of Application Guidelines for Enterprise Accounting Standards 2024" inMarch 2024, which stipulates that warranty fees should be included in operating costs. The company will implement this regulationfrom January 1st, 2024, as detailed in the announcement on changes in accounting policies (Announcement No. 2024-52).
(2) Due to the implementation of Interpretation Announcement No. 1 on Information Disclosure of Companies that OfferSecurities to the Public - Non recurring Gains and Losses, adjustments have been made to the non recurring gains and losses of theinvestee enjoyed by shares in the investment income accounted for using the equity method during comparable periods.
3. Shareholding and shareholders of the company
Unit: share(s)
| At the end of the report period, the total number of shareholders | 608,321 | At the end of the report period, the total number of preferred shareholders | 0 | ||||||
| Top 10 shareholders (Excluding shares lent through refinancing) | |||||||||
| Name | Nature | Ratio | Amount of shares held | Amount of restricted shares held | Pledge, mark or freeze situation | ||||
| Status | Amount | ||||||||
| China Changan Automobile Group Co., Ltd. | State-owned legal person | 17.98% | 1,783,090,143 | Not Applicable | |||||
| China South Industries Group Co., Ltd. | State-owned legal person | 14.23% | 1,410,747,155 | ||||||
| Southern Industry Asset Management Co., Ltd. | State-owned legal person | 4.60% | 456,253,257 | ||||||
| China Securities Finance Co., Ltd. | Domestic general legal person | 4.30% | 426,362,905 | ||||||
| United Prosperity Investment Co., Ltd. | Foreign legal person | 2.83% | 280,498,832 | ||||||
| Hong Kong Securities Clearing Co., Ltd. | Foreign legal person | 1.50% | 148,626,405 | ||||||
| Industrial and Commercial Bank of China Co., Ltd. - Huatai Pinebridge CSI 300 ETF Securities Investment Fund | Funds, wealth management products, etc | 0.59% | 58,745,244 | ||||||
| Fang Wenyan | Domestic natural persons | 0.57% | 56,989,500 | ||||||
| China Merchants Securities (Hong Kong) Limited | Foreign legal person | 0.49% | 48,788,559 | ||||||
| China Construction Bank Corporation-E Fund CSI 300 ETF Originated Securities Investment Fund | Funds, wealth management products, etc | 0.39% | 38,820,336 | ||||||
| Explanation on the relationship and the action alike of above shareholders | Among the top 10 shareholders, the actual controller China South Industries Group Co., Ltd. and its wholly-owned subsidiary Southern Industry Asset Management Co., Ltd., the controlling shareholder China Changan Automobile Group Co., Ltd. and its wholly-owned subsidiary United Prosperity Investment Co., Ltd. are parties acting in concert by “Measures for the Administration of Takeover of Listed | ||||||||
| Companies”. | |
| Description of shareholders involved in margin trading | In addition to holding 0 shares through the ordinary securities account, Fang Wenyan, a shareholder, also holds 56,989,500 shares through the customer credit transaction guarantee securities account of Guotai Junan Securities Co., Ltd., and actually holds a total of 56,989,500 shares. |
Participation of shareholders holding more than 5% of the shares, top 10 shareholders, and top 10 shareholders withunlimited tradable shares in the lending of shares through the refinancing business
√ Applicable □ Not applicable
Unit: share(s)
| Participation of shareholders holding more than 5% of the shares, top 10 shareholders, and top 10 shareholders with unlimited tradable shares in the lending of shares through the refinancing business | ||||||||
| Shareholder Name | Initial ordinary account and credit account holdings | The shares lent at the beginning of the period were refinanced and have not been returned | Ordinary account and credit account holdings at the end of the period | At the end of the period, the shares were loaned and have not been returned | ||||
| Total quantity | Proportion of total share capital | Total quantity | Proportion of total share capital | Total quantity | Proportion of total share capital | Total quantity | Proportion of total share capital | |
| Industrial and Commercial Bank of China Co., Ltd. - Huatai Pinebridge CSI 300 ETF Securities Investment Fund | 34,286,544 | 0.35% | 2,795,700 | 0.03% | 58,745,244 | 0.59% | 0 | 0.00% |
| China Construction Bank Corporation-E Fund CSI 300 ETF Originated Securities Investment Fund | 12,687,836 | 0.13% | 1,251,500 | 0.01% | 38,820,336 | 0.39% | 263,800 | 0.00% |
The top 10 shareholders changed from the previous period
□ Applicable √ Not applicable
4. The change of the controlling shareholders and the actual controllers
During the reporting period the change of controlling shareholders
□ Applicable √ Not applicable
During the reporting period, there was no change in the controlling shareholder of the company.The change of the actual controllers during the reporting period
□ Applicable √ Not applicable
The actual controller of the company did not change during the reporting period.
5. Total number of Preferred Shareholders and top 10 Preferred shareholders
□ Applicable √ Not applicable
There are no preferred stock shareholders during the reporting period.
6. Status of bonds that existed on the approval date of the semi-annual report
√ Applicable □ Not applicable
(1) Basic Information of the Corporate Bonds
| Bond Name | Abbreviation | Bond Code | Date of issue | Maturity | Bonds balance (10,000 | Interest rate |
| RMB) | ||||||
| Chongqing Changan Automobile Co., Ltd. publicly issued science and technology innovation corporate bonds to professional investors in 2022 ( Phase I ) | 22 Changan K1 | 148147.SZ | December 19th, 2022 | December 20th, 2027 | 100,000 | 3.00% |
(2) Financial indicators as of the end of the reporting period
Unit: 10,000 RMB
| Items | The reporting period | The same period of last year |
| Debt/asset ratio | 60.49% | 60.73% |
| Items | 30 June 2023 | 31 December 2022 |
| EBITDA interest coverage ratio | 127.78 | 252.97 |
III. Important matters
None.
Legal representative: Zhu Huarong
Board of Directors ofChongqing Changan Automobile Co., Ltd.
31 Aug., 2024